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Bathroom bans part of toxic culture at Archegos, trial hears
NEWS INDUSTRY NEWS JUN 12, 2024
Bathroom bans part of toxic culture at Archegos, trial hears

Collapsed firm's founder Bill Hwang is on trial for fraud.

Trump would back Bitcoin over Fed-backed crypto
NEWS INDUSTRY NEWS JUN 12, 2024
Trump would back Bitcoin over Fed-backed crypto

Presidential hopeful held event for crypto miners at Mar-a-Lago Tuesday.

Dollar rockets toward 2024 record amid inflation, Fed watch
NEWS INDUSTRY NEWS JUN 11, 2024
Dollar rockets toward 2024 record amid inflation, Fed watch

Wednesday's one-two punch of CPI data and rate decision could spur the world's strongest currency on.

Questions for $67B ETF as Nvidia overshadows Apple
INVESTING ETFS JUN 11, 2024
Questions for $67B ETF as Nvidia overshadows Apple

Ranked among the world's biggest tech ETFs, the thematic fund by State Street may have to radically shake up its portfolio makeup.

Investors ambivalent as Apple plans to make AI a core feature
NEWS INDUSTRY NEWS JUN 11, 2024
Investors ambivalent as Apple plans to make AI a core feature

Shares slipped following the post-market-close announcement.

Bond traders await Fed signals for new roadmap
NEWS INDUSTRY NEWS JUN 11, 2024
Bond traders await Fed signals for new roadmap

Wednesday's rates decision will help shape the playbook through 2025.

Citi sees record highs for European stocks…just not yet
NEWS INDUSTRY NEWS JUN 11, 2024
Citi sees record highs for European stocks…just not yet

Wall Street strategists believe a new high will be reached mid-2025.

Bitcoin investors face volatile 36 hours
NEWS INDUSTRY NEWS JUN 11, 2024
Bitcoin investors face volatile 36 hours

Fed announcement, US inflation data set to make an impact.

Hedge funds ditch chip stocks for software in tech investing U-turn
INVESTING ALTERNATIVES JUN 10, 2024
Hedge funds ditch chip stocks for software in tech investing U-turn

Fund managers have been net sellers of the AI craze's biggest beneficiaries – is it a tactical pivot or a course change?

Biggest CLO ETF cements its dominance as it smashes $10B AUM barrier
INVESTING ETFS JUN 10, 2024
Biggest CLO ETF cements its dominance as it smashes $10B AUM barrier

The fund, which is neither the first mover nor the price leader, now has a roughly 90 percent share of the bourgeoning market.