Monthly Archives: September 2024

(CNBC) OpenAI said Tuesday that its popular chatbot now has an advanced voice feature for people who pay for the premium service. The tool allows for more fluid conversations. To read this article:

(Hedgeweek) Digital asset investment products experienced a second consecutive week of inflows last week, totalling $321m, as the US Federal Reserve cut interest rates by 50bp, according to the latest Digital Assets Fund Flows Weekly Report from CoinShares. To read […]

(CNBC) U.S. stock futures were little changed Monday after the S&P 500 and Dow Jones Industrial Average posted new record closes. Futures tied to the 30-stock Dow slipped 46 points, or 0.1%. S&P 500 futures inched down less than 0.1%. Nasdaq 100 futures dipped 0.1%. To […]

(CNBC) Boeing on Monday sweetened its contract offer and said it was its “best and final” proposal for its more than 30,000 machinists as their strike, which has halted most of the aerospace giant’s aircraft production, entered its second week. The labor union criticized […]

(Hedgeweek) Man Group Plc, the world’s largest publicly traded hedge fund firm, is implementing pass-through fees for clients of its multi-strategy hedge fund, aligning with a practice popularised by peers including Millennium Management and Citadel, according op a report by […]

(Hedgeweek) Hedge funds significantly increased their investments in US technology and media stocks last week amid expectations of a 50 basis point interest rate reduction by the US Federal Reserve, according to a report by Reuters. To read this article:

(Opalesque) During January-August 2024, a total of 32,050 deals (mergers & acquisitions (M&A), private equity, and venture financing) were announced globally, according to a study. GlobalData report pointed out that this represents a 15% year-on-year (YoY) decline in deal volume […]

(CNBC) Former President Donald Trump on Monday threatened John Deere with a 200% tariff if the agricultural manufacturer moves production to factories in Mexico. “They’ve announced a few days ago that they’re going to move a lot of their manufacturing business to Mexico,” the Republican nominee said at […]

(CNBC) Dow Jones Industrial Average futures are near flat Sunday night after excitement over last week’s interest rate cut propelled the blue-chip index to a record closing level. Futures tied to the 30-stock index lost just 12 points, sitting near flat. S&P […]

(Hedgeweek)Two Sigma, the US quant hedge fund firm founded by John Overdeck and David Siegel, is in discussions with the Securities and Exchange Commission (SEC) to settle a probe related to a trading misconduct case, according to a report by […]

(CNBC) The chipmaker, which has lost over half its value this year and last month had its worst day on the market in 50 years after a disappointing earnings report, started the week on Monday by announcing that it’s separating its manufacturing division from […]