SHEIN Global Holdings shares fell as much as 10% on their first day of trading in Hong Kong on Tuesday, dropping from a HK$48.56 open to an intraday low near HK$43.70 before recovering to around
The US Treasury is about to buy back a lot more long-dated debt, and the precious-metals market has been front-running the move for two weeks. On August 19, Treasury said it would at least double
Claudeforce is not an AI feature bolted onto a CRM. That framing, which most of the coverage reached for in the first 24 hours, gets the direction of travel exactly backwards. The larger half of
Kevin Warsh did not give markets the forward guidance they wanted at Jackson Hole. He gave them something more consequential: a much clearer hierarchy of risks. Inflation is first. In his first Jackson Hole keynote
New York has warned that artificial intelligence is helping criminals create more convincing investment scams as reported US losses approach $8 billion a year. The New York Department of State alert was published on 26
Nvidia (NASDAQ: NVDA) is reported to have agreed to buy Hugging Face, the default public hub for open-source AI models, for $12.9 billion. The report landed the same day Nvidia posted its record second-quarter results,
OpenAI presented the first benchmarks for its custom inference chip, Jalapeño, on Tuesday, and the comparison it chose was Nvidia (NASDAQ: NVDA). On SemiAnalysis's public InferenceX benchmark, the chip, built in partnership with Broadcom (NASDAQ:
The sharpest criticism of Treasury Secretary Scott Bessent's bond-buyback plan this week did not come from a partisan opponent or a rival on Wall Street. It came from Stanley Druckenmiller, the legendary macro investor who
On September 1, John Ternus becomes chief executive of Apple (NASDAQ: AAPL), and Tim Cook steps into the role of executive chairman. The handover has been known since April, when Apple announced it and the
The bitcoin price pushed past $75,000 this week and topped $77,000 on Friday, up about 20% over the five sessions. That would be its best week since March 2024, according to Bloomberg, which put the
