(CNBC) As part of Meta’s latest round of job cuts announced in March, the company on Wednesday started laying off employees in technical roles. Employees with technical backgrounds like user experience, software engineering, graphics programming and other roles announced on […]

(CNBC) Stock futures ticked downward Tuesday night as traders weighed the latest round of earnings. Futures tied to the Dow Jones Industrial Average lost 47 points, or 0.1%, while S&P 500 futures slipped 0.1%. Nasdaq 100 futures dropped 0.1%. The […]

(CNBC) Netflix on Tuesday posted mixed financial results and said it was pushing back its broad rollout of its password-sharing crackdown. Originally, Netflix wanted the rollout to take place late in the first quarter, but on Tuesday it said it […]

(CNBC) Amazon on Tuesday began laying off some employees in its advertising as part of CEO Andy Jassy’s effort to rein in costs, the company confirmed. Paul Kotas, Amazon’s senior vice president of advertising, IMDb and Grand Challenge, sent a […]

(Hedgeweek) Digital asset investment products saw inflows totalling $114 million last week, the forth consecutive week of positive flows as sentiment for the asset class continues to improve, according to the latest Digital Asset Fund Flows Weekly report from CoinShares. […]

(Hedgeweek) Chinese quantitative hedge fund manager High-Flyer Quant has scotched rumours it is intending to sack its fund managers and replace them with an artificial general intelligence-based (AGI) stock trading system, according to a report by Yicai Global. To read […]

(CNBC) U.S. stock futures were lower on Tuesday morning after the major averages rose to kick off a stacked week of corporate earnings. Dow Jones Industrial Average futures were down 13 points, or 0.04% lower, while S&P 500 futures were […]

(CNBC) Heading into the quarter, analysts wondered whether turmoil during March — in which two American banks failed and a global investment bank was forced to merge with a longtime rival — would provide a good or bad backdrop to […]

(Hedgeweek) Hedge funds are betting the US dollar’s recent stretch of weekly declines – the longest in almost three years – is set to reverse, as investors ramped up pricing for Federal Reserve rate cuts, according to a report by […]

(Hedgeweek) High-profile hedge fund manager Crispin Odey has halved his bearish position in Metro Bank since December, but remains the lender’s largest short-seller. To read this article:

(Hedgeweek) The ability of an AI to digest vast amounts of data very quickly makes it in many ways vastly superior to any human trader. Additionally, it should be possible for an asset manager with access to such an “AI […]

(CNBC) Wall Street futures ticked higher on Sunday, with investors eying the health of corporate America ahead of a crucial earnings week. Futures tied to the S&P 500 gained 0.2%, or 7 points, while Nasdaq-100 futures added 0.1%. Dow Jones […]