(CNBCStock futures rose in overnight trading Sunday as Wall Street looked ahead to the second half of 2024. Futures tied to the Dow Jones Industrial Average added 55 points, or 0.1%, while S&P 500 futures gained 0.2%. Nasdaq-100 futures also edged up 0.2%. Wall Street is […]

(CNBC) Boeing said Monday that it will buy back Spirit AeroSystems in an all-stock deal that the planemaker has said will improve safety and quality as it struggles with its latest manufacturing crises. Boeing in March disclosed that it was in talks to acquire the […]

(Hedgeweek) The Internal Revenue Service has formally apologised to Ken Griffin, founder of hedge fund giant Citadel, following the unauthorised release of his tax returns, according to a report by the Wall Street Journal.  To read this article:

(CNBC) Mt. Gox, the Japanese bitcoin exchange that collapsed into bankruptcy a decade ago after a major hack, is finally set to repay creditors, who are being rewarded handsomely for their patience. Up to 950,000 bitcoin were lost in the 2011 hack, […]

(CNBC) Amazon will double the value of credits it offers some startups to use its cloud infrastructure. The company faces heightened competition from Microsoft in artificial intelligence services. Starting today, July 1, startups that have raised a Series A round of funding in […]

(CNBC) Silicon Valley is known for producing tech businesses that start in garages and turn into massive publicly traded companies ubiquitously known across the globe. From Oracle and Microsoft to Google and Facebook, the public markets are responsible for turning ambitious tech founders into billionaires. But the […]

(CNBC) S&P 500 futures climbed Friday morning as traders await closely followed inflation data. They are also counting down to the end of what has been a strong first half of the year. Futures tied to the broad market index ticked […]

(CNBC) There could be some pretty good inflation news on the way from the Commerce Department when it releases a key economic report Friday. The personal consumption expenditures price index, an inflation measure the Federal Reserve watches closely, is expected […]

(CNBC) Tesla is claiming Elon Musk won his legal battle over his $56 billion pay package because shareholders voted for the compensation, despite a judge rescinding it earlier this year, according to court filing made public on Friday. The company’s […]

(CNBC) Chewy shares rallied dramatically on Thursday after meme stock leader Roaring Kitty posted a picture on social media platform X that resembles the logo of the online pet food retailer, but the gains were quickly erased later in the session. […]

(Hedgeweek) Hedge funds are shifting away from technology stocks, particularly semiconductor and chip equipment, following robust gains in Q1 2024, according to a report by CNBC citing data from Goldman Sachs’ prime brokerage.  To read this article:

(Hedgeweek) Hedge funds have decreased their net long positions on the Mexican peso by 56,709 contracts following the country’s unexpected election of Morena’s Claudia Sheinbaum, bringing the total down to 27,304 contracts, according to a report by Bloomberg.  To read this article: