News

Alphabet boosts debt sale again as total raise exceeds $30 billion, sources say

Alphabet again boosted the size of its bond sale as the internet giant prepares to accelerate its AI buildout.

Michael Saylor downplays Strategy credit risk as bitcoin tumbles: 'We'll refinance the debt'

Strategy plans to continue refinancing its debt and buying bitcoin, even as the token tumbles, CEO Michael Saylor said Tuesday on CNBC's "Squawk Box."

YouTube star MrBeast buys youth-focused financial services app Step

YouTube star James Stephen Donaldson, better known as Mr. Beast, has acquired youth-focused financial services app Step.

Alphabet calls out new AI-related risks, as it taps debt market to fund build-out

In Alphabet's annual report, the company said AI poses business risks, including its potential impact on advertising.

S&P is already predicting China's property slump will be worse than it expected this year

S&P Global Ratings said China's primary real estate sales will likely drop by 10% to 14% this year, steeper than the decline predicted back in October.

Digital employees, AI bootcamps: America's oldest bank is spending billions on tech

The race to integrate artificial intelligence is on among the banks. BNY now has 134 "digital employees," who work alongside humans.

China's Luckin Coffee opens first high-end store as it takes on Starbucks

The Chinese coffee upstart is expanding from budget drinks into the premium market with a new flagship store.

As 'Sell America' trade volatility rages on, some of the biggest changes may be in your bonds

As U.S. investors diversify portfolios highly concentrated in domestic assets, it's not just international stocks but overseas bonds getting attention.

Bitcoin gets slashed in half. What's behind the crypto's existential crisis

Bitcoin nearly grazed $60,000 on Thursday as investors shied away from the asset due to growing concerns over its utility.

Goldman Sachs is tapping Anthropic’s AI model to automate accounting, compliance roles

Goldman Sachs is building AI agents with Anthropic’s Claude to automate trade accounting and client onboarding, aiming to speed work and boost efficiency.

Kalshi expands surveillance, enforcement efforts ahead of Super Bowl 60

Kalshi on Thursday announced new initiatives to expand its surveillance and enforcement frameworks, just days before the Super Bowl.

Fixed-income ETF provider BondBloxx questions private credit meltdown fears, sees space as sensible way to generate income

BondBloxx's Joanna Gallegos, J.P. Morgan's former head of global ETF strategy, is confident private credit is a sensible way for investors to pursue income.
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