(CNBC) Stock futures flickered near the flat line on Monday evening. Futures tied to the Dow Jones Industrial Average added 7 points, or 0.02%. S&P 500 futures gained 0.05%, while Nasdaq 100 futures ticked up 0.1%. In regular trading, the […]

(Hedgeweek) Jim Chanos, founder of long-short hedge fund firm Chanos & Co (formerly Kynikos Associates), and famed for bearish bets against Enron and Tesla Inc, is shuttering his hedge funds after almost four decades of trading, according to a report […]

(CNBC) Shares of Nvidia closed up 2.3% at an all-time high, topping $504 on Monday. The record comes ahead of the company’s fiscal third-quarter results on Tuesday, when analysts are expecting to see revenue growth of over 170%. If that’s […]

(CNBC) Hundreds of OpenAI employees, including co-founder and board member Ilya Sutskever, have signed a letter demanding that either OpenAI’s remaining board members resign or those OpenAI employees will join Sam Altman’s new venture at Microsoft. “Your actions have made […]

(CNBC) After months on the market, crypto news site CoinDesk has finally been acquired by a business that’s run by the former president of the New York Stock Exchange. Bullish, a digital asset exchange led by ex-NYSE chief Tom Farley, […]

(CNBC) Hedge funds and other currency speculators have ramped up their bearish bets on the Japanese yen to the highest levels seen since April 2022, according to a report by Bloomberg, indicating sentiment that weakness in the currency will persist. […]

(Hedgeweek) US hedge fund Schonfeld Strategic Advisors has told 150 of its 1,000 employees that they are losing their jobs as the firm looks to cut costs in the wake of its failed tie-up talks with Millennium Management, according to […]

(CNBC) OpenAI is bringing in former Twitch CEO Emmett Shear to run the artificial intelligence company, two days after the sudden ouster of Sam Altman. The hiring of Shear is the latest turn in a chaotic weekend at one of […]

(CNBC) Sam Altman, the recently ousted CEO of OpenAI, arrived as a guest Sunday at the headquarters of the company he founded. Jason Kwon, OpenAI’s chief strategy officer, also posted a photo of Sam with the badge. Altman’s appearance at […]

(CNBC) Cruise CEO and co-founder Kyle Vogt has resigned from his role at the autonomous vehicle venture owned by General Motors. Mo Elshenawy, who previously served as executive vice president of engineering at Cruise, will now serve as president and […]

(CNBC) U.S. equity futures opened little changed on Sunday evening, heading into the shortened Thanksgiving holiday week with all of the major averages coming off of their third straight winning performance. Futures tied to the Dow Jones Industrial Average fell […]

(Hedgeweek) RQD* Clearing, LLC (RQD), a correspondent clearing services provider, has added Tom Miglis, former Chief Information Officer of Citadel and current Investment Partner at Nyca Partners, to its Board of Directors. To read this article;