Category Archives: Syndicated

Nvidia shows no signs of AI slowdown after over 400% increase in data center business

(CNBC) Nvidia’s historic rally is being driven by its data center business, which grew at a whopping 427% in the latest quarter as companies keep snapping up its artificial intelligence processors. Now, Nvidia is signaling to investors that the customers […]

Former Odey AM funds rank among top 10 performers for April

(Hedgeweek) Two funds previously controlled by Odey Asset Management saw strong performances, ranking them among the top 10 best performing funds globally in April, according to data from Société Générale.  To read this article:

Millennium shorts betting and gambling giant Flutter Entertainment

(Hedgeweek) Izzy Englander, founder of the $61bn New York-based hedge fund Millennium Management, appears to be increasingly confident that the share price of international sports betting and gambling company Flutter Entertainment is set to decrease, according to a report by […]

Embattled AI firm Appen loses more executives, months after Alphabet cut ties

(CNBC) Appen, the embattled artificial intelligence firm that once helped train AI models for tech giants including Microsoft, Nvidia and Google, has lost its executives in charge of revenue and marketing. Andrew Ettinger, who was the Australian company’s chief revenue officer, and Alicia […]

Stock futures are little changed after S&P 500 closes at a record, Nvidia earnings loom: Live updates

(CNBC) U.S. stock futures were little changed early Wednesday as investors looked ahead to the widely-anticipated release of Nvidia’s latest earnings report. Dow Jones Industrial Average futures inched higher by 3 points. Futures tied to the S&P 500 and Nasdaq 100 hovered near the flatline. In […]

Nvidia is talk of the town at AI events leading into this week’s earnings

(CNBC) At the start of last week, OpenAI’s technology chief personally thanked Nvidia CEO Jensen Huang for “bringing us the most advanced” chips needed to run the demo for a presentation the company delivered on its latest artificial intelligence models. A day later, […]

UK inflation drops to 2.3% in April, nearing Bank of England’s target

(CNBC) U.K. inflation fell to 2.3% in April, the Office for National Statistics said on Wednesday, coming closer to the Bank of England’s target rate even while missing expectations. That was down from a headline rate reading of 3.2% in […]

Uniswap fights back against SEC as the ethereum crackdown continues

(CNBC) For years, the Securities and Exchange Commission has been cracking down on the crypto sector writ large, but in the last few months, the agency appears to have trained its sights on ethereum, in particular. Some of the biggest names […]

Jain Global to make commodities push

(Hedgeweek) Jain Global, the much anticipated hedge fund set to be launched soon by former Millennium Management Co-Chief Investment Officer Bobby Jain is to commit a significant chunk of its investment funds to commodities – both derivatives and physical, according […]

Citadel appoints Goldman Sachs partner as Head of Electronic Trading

(Hedgeweek)Jain Global, the much anticipated hedge fund set to be launched soon by former Millennium Management Co-Chief Investment Officer Bobby Jain is to commit a significant chunk of its investment funds to commodities – both derivatives and physical, according to […]

Stock futures are little changed after Nasdaq Composite hits all-time high: Live updates

(CNBC) Stock futures are near flat Monday night after the technology-heavy Nasdaq Composite closed at an all-time high. Futures connected to the Nasdaq 100 slipped about 0.1%. Dow Jones Industrial Average futures lost just 19 points, while S&P 500 futures also sat near its flatline. In after-hours […]

Ether extends its rally following 20% surge on renewed ether ETF optimism

(CNBC) Cryptocurrencies rose Tuesday amid a late surge in optimism around the U.S. Securities and Exchange Commission’s decisions on spot ether exchange-traded funds applications, the first of which is due this week. Ether led the rally, rising 9% to $3,680.98, according […]