DoubleLine’s Cohen Sounds the Alarm on AI-Debt Funding Frenzy
Fixed-income investors should tread carefully when it comes to funding the artificial intelligence boom, according to DoubleLine Capital’s…
US Treasuries Jump as Weak Jobs Data Fuel Rate-Cut Bets
Treasuries rallied after private measures of US economic data pointed to a stumbling jobs market, spurring traders to…
Alibaba-backed Moonshot releases new AI model Kimi K2 Thinking
Alibaba-backed Chinese startup Moonshot has launched one of the more popular generative AI chatbots called Kimi. Sopa Images…
Stock market today: Live updates
A trader works on the floor of the New York Stock Exchange. NYSE U.S. stock futures ticked up…
Pony.ai debut, Hong Kong, WeRide, AI stocks
Hong Kong Skyline Nikada | E+ | Getty Images Asia-Pacific markets rose Thursday, tracking Wall Street gains after…
Fed’s Miran Says ADP Jobs Data Slightly Better Than Expected
Federal Reserve Governor Stephen Miran on Wednesday described data that showed employment at US companies increased in October…
Treasuries Slump as Supply Outlook Compounds Anxiety About Fed
Treasuries slid after the US government signaled that larger auction sizes are on the horizon, while signs of…
DBS Profit Tops Estimates as Wealth Management Fees Surge
DBS Group Holdings Ltd. posted higher-than-expected profit supported by sustained momentum in its wealth management business and robust…
Consumer debt rises amid worsening ‘K-shaped’ economic divide
Americans are falling deeper into debt, but not across the board. Collectively, credit card balances rose by $24 billion in…
The fuel for the AI boom driving the markets is advertising. It is also an existential risk.
Sam Altman, chief executive officer of OpenAI Inc., during a media tour of the Stargate AI data center…
Markets are plunging worldwide after ‘Big Short’ investor Michael Burry reveals $1.1 billion bet against AI stocks
Nasdaq 100 futures were pointing downward again this morning after the index lost 2% yesterday in a massive,…
Meta Spending Spree Recalls Metaverse Debacle That Crushed Stock
The huge checks Meta Platforms Inc. is writing to support its artificial intelligence ambitions are reminding some investors…