Global week ahead: Tech rotation puts European stocks back in play
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Gold and silver price swings are powering algo traders and machine-learning funds
Trend-following funds, which use quantitative models and algorithms to trade market moves, have traversed the recent wild swings in gold and silver.
Private credit worries resurface in $3 trillion market as AI pressures software firms
Artificial intelligence is adding a new layer of uncertainty to the private credit industry, raising concerns that some lenders may face rising defaults.
Chinese chip designer Montage Technology soars over 50% in Hong Kong debut
Shares of Chinese chip designer Montage Technology surged 57% in its Hong Kong trading debut on Monday following an initial share sale that raised $902 million.
Hong Kong media baron and pro-democracy activist Jimmy Lai sentenced to 20 years in prison
Lai, who had pleaded not guilty to all charges, was among the first prominent figures arrested under Beijing’s security law in August 2020.
Epstein’s Silicon Valley connections went beyond Gates and Musk
The new Epstein files released by the DOJ show that the deceased financier was able to build relationships across Silicon Valley, from Bill Gates to Peter Thiel.
Japan’s Nikkei 225 soars over 4% to hit record highs as Takaichi secures historic mandate
The ruling Liberal Democratic Party captured a two-thirds supermajority in the 465-seat lower house, public broadcaster NHK reported.
Stock futures tick higher as Wall Street awaits closely watched jobs, inflation reports: Live updates
The moves come after the major averages bounced back Friday from sizable losses suffered earlier in the week.
Kroger to name former Walmart exec Greg Foran as next CEO, WSJ reports
The U.S. grocer has been searching for a permanent CEO after ousting Rodney McMullen last year following an investigation into his personal conduct.
Federal judge orders Fulton County Georgia election case documents unsealed by Tuesday
The FBI last month raided an election facility central to President Donald Trump’s debunked claims of fraud in the 2020 election.