(CNBC)Microsoft’s relationship with OpenAI has officially become more complicated. Microsoft has a long-term partnership with OpenAI, serving as its exclusive cloud provider and using its AI models in products for commercial clients and consumers. Microsoft is the biggest investor in OpenAI, having […]

(Hedgeweek) More than 50% of America’s largest hedge funds are now investing in cryptocurrencies – and bitcoin in particular – a clear sign of increasing institutional adoption of the asset class, according to a report by The Street citing data […]

(Hedgeweek) Hedge funds are swiftly reducing their positions in industrial stocks, turning their attention to sectors tied to commodities such as energy and materials amid rising geopolitical tensions and fears of economic slowdowns in the US and China, according to […]

(CNBC) S&P 500 futures are near flat Tuesday night as investors parsed the latest earnings reports and readied for the Federal Reserve monetary policy decision coming Wednesday afternoon. Futures tied to the broad index advanced 0.1%, while Nasdaq 100 futures ticked higher by […]

(Hedgeweek) A recent surge in bullish bets on sterling by hedge fund and other asset managers has set the scene for a sharp correction in the currency, should the Bank of England opt to lower interest rates later this week, […]

(Hedgeweek) Digital asset investment products saw a relatively muted inflows last week totalling some $245m, although flows were mixed across different digital assets, according to the latest Digital Assets Fund Flows Weekly Report from CoinShares. To read this article:

(CNBC) Samsung’s revenue for the quarter ended June jumped 23.42% from a year earlier, while operating profit soared 1,458.2%. The South Korean giant said robust demand for high-bandwidth as well as conventional memory, such as regular dynamic random access memory, […]

(CNBC) Microsoft shares fell as much as 7% in extended trading on Tuesday as investors looked past better-than-expected earnings and revenue and focused instead on disappointing cloud results. But executives provided a dose of optimism when they predicted a cloud growth […]

(CNBC) “Our expectation is that they’re going to keep rates unchanged,” said Michael Reynolds, vice president of investment strategy at Glenmede. “But there’s going to be a lot of focus on the [post-meeting] statement, perhaps teeing up September as whatever […]

(CNBC) Japan’s central bank has raised its benchmark interest rate to “around 0.25%” from it previous range of 0% to 0.1% and outlined its plan to taper its bond buying program. To read this article:

(CNBC) Stock futures rose on Friday morning as the major averages head for weekly losses and investors anticipated a reading of the Federal Reserve’s preferred inflation gauge. Futures tied to the Dow Jones Industrial Average advanced 151 points, or 0.38%. S&P 500 futures and Nasdaq […]

(CNBC) OpenAI on Thursday announced a prototype of its search engine, called SearchGPT, which aims to give users “fast and timely answers with clear and relevant sources.” The company said it eventually plans to integrate the tool, which is currently being tested […]