News

Moody's says 'unprecedented' AI spending threatens credit quality of Amazon, Meta, Alphabet and others

Moody's said AI spending is forcing even the world's most cash-rich corporations to lean heavily on debt, stock sales and off-balance-sheet moves.

U.S., other nations back open-source AI with 'strong security' at China summit

The APEC statement is the first to include open-source cooperation at a minister level, said Li Lecheng, China's industry and information technology minister.

Odds of Federal Reserve rate hike surge as oil prices rip higher

Investors are increasingly readying for the Federal Reserve to hike interest rates in September.

JPMorgan report finds dramatic jump in AI-themed ETFs — despite rough quarter

Wall Street is banking heavily on exchange-traded funds that give investors artificial intelligence exposure, according to JPMorgan Asset Management.

Shortsighted stock market can no longer brush off war: 'It's too hard to ignore $100 oil'

After staying flat as the U.S.-Iran war heated up again, equities tumbled on Thursday after oil prices crossed $100 per barrel.

John Paulson says we are in the early stages of a long-term bull market for gold

He said demand for bullion continues to broaden, led by central banks that have been adding to their reserves alongside growing private-sector interest.

Kalshi launches election hub for prediction markets ahead of midterms

The company said the page gives viewers of its event contracts a central place to see speculators' outlook for the midterm elections.

Goldman Sachs creates private markets platform as rich investors seek the next SpaceX and Stripe

Goldman Sachs is launching a new alternative investments platform aimed at giving wealthy clients and family offices direct stakes in private companies.

Bets against SpaceX grow to 32% of float as Elon Musk warns short sellers won't survive

About 206 million SpaceX shares are now sold short, representing roughly 32% of the company's publicly tradable float, according to S3.

As the U.S.-Iran war heats up again, these parts of the stock market and economy could be affected

Investors and economists are deliberating what the latest exchange in hostilities will mean for the broader economy.

Jamie Dimon says markets underestimate risks and he wouldn't buy stocks or Treasurys at current prices

Comments from JPMorgan Chase CEO Jamie Dimon contrast with investors' recent willingness to look past wars, tariffs and other shocks.

Capital One bet big on Discover. Now it must prove the gamble was worth it

Tuesday evening's second-quarter earnings report is the perfect stage to do just that.
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