Category Archives: Syndicated
Boeing shares fall after South Korea orders 737-800 inspection
(CNBC) Boeing shares fell more than 2% on Monday, after South Korea ordered an inspection of all 737-800 planes — the model involved in a deadly Jeju Air crash over the weekend. Officials at the Ministry of Land, Infrastructure, and […]
Assets in U.S. exchange-traded funds topped $10 trillion. Here are trends for investors to watch
(CNBC) Assets in U.S. exchange-traded funds in November topped $10 trillion for the first time, according to the latest data from Cerulli Associates. ETFs — funds that invest in stocks, bonds or other assets and trade on national stock exchanges […]
OpenAI says it needs ‘more capital than imagined’
(CNBC) OpenAI says that in moving toward a new for-profit structure in 2025, the company will create a public benefit corporation to oversee commercial operations, removing some of its nonprofit restrictions and allowing it to function more like a high-growth […]
Hedge funds drive surge in bank stocks as bull run gains momentum
(Hedgeweek) Hedge funds have significantly increased their stakes in US bank stocks, signalling strong confidence in the sector’s continued rally, boosting their exposure to financial firms by 50% to a combined $340bn, according to a report by Bloomberg citing 13F […]
Stock futures inch lower as Wall Street readies for the final trading week of 2024:
(CNBC) Stock futures were slightly lower early Monday ahead of the last few trading sessions of 2024. Futures tied to the Dow Jones Industrial Average dipped 81 points, or 0.19%, while S&P 500 futures edged down 0.16%. Nasdaq-100 futures hovered […]
Investors plan to stick with private credit in 2025
(Opalesque) Institutional investors and family offices are planning to stick with private credit in 2025, according to Coller Capital’s latest Global Private Capital Barometer. Investors have identified private credit as the strategy where they are most likely to increase their […]
California amends sweeping venture capital demographic reporting rule
(Opalesque) California Governor Newsom has signed into law Senate Bill 54, Fair Investment Practices by Investment Advisers, which requires “covered entities,” defined as a “venture capital company” that meets specific criteria, to collect and report sensitive demographic information about the […]
Google CEO Pichai tells employees to gear up for big 2025: ‘The stakes are high
(CNBC) Google CEO Sundar Pichai told employees last week that “the stakes are high” for 2025, as the company faces increased competition and regulatory hurdles and contends with rapid advancements in artificial intelligence. “I think 2025 will be critical,” Pichai […]
Why tech giants such as Microsoft, Amazon, Google and Meta are betting big on nuclear power
(CNBC) Data centers powering artificial intelligence and cloud computing are pushing energy demand and production to new limits. Global electricity use could rise as much as 75% by 2050, according to the U.S. Department of Energy, with the tech industry’s […]
800 venture capital funds raised a total of $84.8bn by Q3 2024
(Opalesque) By Q3 2024, 800 funds raised a total of $84.8bn, compared to 1,645 funds raising $135.9bn in 2023, said a study. Notably, capital gravitated towards larger funds during 2024, according to Preqin 2025 Global Report: Venture Capital. This was […]
Stock futures inch down, but major averages are on pace for weekly gains: Live updates
(CNBC) Stock futures ticked lower early Friday as investors look to end the holiday-shortened week on a strong note. Futures tied to the Dow Jones Industrial Average shed 50 points, or 0.1%. S&P 500 futures and Nasdaq 100 futures dipped […]
Larry Ellison wraps up banner year as Oracle’s stock rallies most since dot-com boom
(CNBC) It’s been a good year for Larry Ellison. Oracle’s co-founder has gained roughly $75 billion in paper wealth as the software company he started in 1979 enjoyed its biggest stock rally since 1999 and the dot-com boom. While the […]