(CNBC) Stock futures edged lower Wednesday night as investors look ahead to September’s payrolls report due later this week. Futures tied to the Dow Jones Industrial Average lost 44 points, or 0.1%. S&P 500 futures fell 0.14%, while Nasdaq 100 futures dipped 0.27% lower. To read […]

(CNBC) U.K. financial regulators hit British digital lender Starling Bank with a $38.5 million) fine over failings related to its financial crime prevention systems. In a statement on Wednesday, London’s Financial Conduct Authority said it had fined Starling “for financial […]

(CNBC) OpenAI has closed its long-awaited funding round at a valuation of $157 billion, including the $6.6 billion the company raised from an extensive roster of investment firms and big tech companies. While OpenAI didn’t name the investors, a person […]

(CNBC) James Angel of Georgetown breaks down crypto policy expectations for both presidential candidates. To view this report:

(Hedgeweek) Global hedge funds ramped up their purchases of Chinese stocks last week, spurred by Beijing’s unexpectedly wide-ranging package of economic stimulus measures, resulting in the strongest week of acquisitions on record, according to a report by Reuters. To read […]

(CNBC) Paul Podolsky, a seasoned hedge und executive with over 15 years of experience at Bridgewater Associates, is gearing up to launch his new hedge fund, Kate Capital, on 1 November, with approximately $200m in initial capital, according to a […]

(Hedgeweek) Billionaire investor Stanley Druckenmiller, who rose to prominence working alongside George Soros as well as managing his own successful hedge fund firm Duquesne Capital, isn’t buying into the recent surge in Chinese stocks, according to a report by Barron’s. […]

(CNBC) Stock futures slid in overnight trading following a sour start to October and the final quarter of 2024. Futures tied to the Dow Jones Industrial Average lost 96 points, while S&P 500 futures and Nasdaq-100 futures ticked lower by about 0.1% and 0.2%, respectively. In […]

(CNBC) Increases in sales of electric vehicles and small crossovers helped General Motors report slightly better-than-expected sales during the third quarter. The Detroit automaker reported a 2.2% drop in third-quarter sales compared with a year earlier, slipping to 659,601 vehicles sold. Auto industry forecasters […]

(CNBC) Cryptocurrencies slid on Tuesday night, with bitcoin dropping back to the $60,000 level after a shaky start to what is usually one of its strongest months. The flagship crypto was last off by nearly 4% at $60,972.62, according to Coin Metrics. Around […]

(CNBC) Tesla is set to report third-quarter vehicle production and delivery numbers on Wednesday.  Analysts are expecting Elon Musk’s automaker to report about 463,310 deliveries, according to estimates compiled by FactSet Street Account. That would include about 435,900 of Tesla’s Model 3 […]

(Hedgeweek) Bridgewater Associates, the world’s largest hedge fund, is to open its first ever office in Manhattan after quietly signing a deal for 60,000 sq ft of space at 295 Fifth Avenue, according to a report by the New York […]