Dan Loeb’s Third Point Laments Missing ‘Obvious’ Tech Rally, Pivots to AI
Third Point LLC’s flagship fund underperformed the broader US market in the second quarter, gaining just 1.1% after
2023-08-02 02:59
Bitcoin Turns Less Volatile Than S&P 500, Tech Stocks and Gold
Bitcoin trading volume tumbled last month amid waning volatility and little notable price swings in a market that
2023-08-02 00:23
Ratings Firms Struggle With Climate Risk in $133 Trillion Market
With 46 straight days of 100-degree heat and coastal waters approaching hot-tub temperatures, Miami can seem like a
2023-08-01 22:58
Asset Managers Pledging Climate Action Drop Ball When Investing
Despite commitments to sustainability, BlackRock Inc., Vanguard Group Inc. and Goldman Sachs Group Inc. are among the asset
2023-08-01 21:21
Uniper Expects Plan by Year-End for German State Exit
Uniper SE expects the German government to lay out an exit strategy from the company by the end
2023-08-01 18:48
US, Europe Growing Alarmed by China’s Rush Into Legacy Chips
US and European officials are growing increasingly concerned about China’s accelerated push into the production of older-generation semiconductors
2023-08-01 17:45
Wall Street Economists Are Looking at a September Rate Pause
Federal Reserve Chair Jerome Powell has left the door open to another interest-rate hike, but Wall Street economists
2023-08-01 17:29
Europe Gas Prices Extend Gains as Risks Outweigh Rising Storage
European natural gas prices rose for a second session as supply risks and uncertainty about the upcoming winter
2023-08-01 15:49
Toyota Profit Tops Estimates, Sticks to Full-Year Forecasts
Toyota Motor Corp.’s quarterly profit exceeded estimates after supply chain improvements and a cheap yen helped the carmaker
2023-08-01 12:58
Blackstone Alum Doubles Down on Drone Startups After 600% IdeaForge Return
The largest single investor in IdeaForge Technology Ltd. is doubling down on India’s drone-making sector after an early
2023-08-01 11:17
Wall Street Opens Wallets for Super PACs Behind 2024 Republicans
Super political action committees allied with Republican presidential candidates are revealing their first fundraising data for the 2024
2023-08-01 07:57
Sudden Reversal of 1,000% Rally Shows Day-Trader Danger in Korea
It was a moment of triumph for South Korea’s retail investors, when a jump in Ecopro Co. to
2023-08-01 07:19