China Markets Under Threat From Risk of Renewed US Trade War
(Bloomberg) — The prospect of a revived trade war between Beijing and Washington threatens to undermine this year’s…
Apple’s Health and Fitness Teams Report to Eddy Cue in Reshuffle
Apple is set to reorganize its health and fitness divisions under its Services group, according to a new…
JPMorgan’s Dimon Says AI Cost Savings Now Match Money Spent
Jamie Dimon (Bloomberg) — Jamie Dimon said JPMorgan Chase & Co. spends $2 billion a year on developing…
Oracle Sinks on Report Its Cloud Margins Are Lower Than Expected
The Oracle offices in Redwood City, California. (Bloomberg) — Oracle Corp. shares tumbled after a report that the…
OpenAI’s Golden Touch Spreads as Stocks Soar Off Mere Mentions
(Bloomberg) — OpenAI has already proved it has a golden touch when it comes to partnering with other…
Bond Traders Dare to Go Longer Before 4% Yield Disappears
(Bloomberg) — Bond investors have ridden a profitable playbook this year to score big wins on Federal Reserve…
Traders Pay Steeper Price to Hedge Risk From Stocks to Gold
Risk premiums have increased since early September as a function of gold breaking fresh records. (Bloomberg) — The…
Australia’s Pension Funds May Amplify Stress in Liquidity Shock
People sit on a bench at Bondi Beach in Sydney, Australia. Photographer: Brent Lewin/Bloomberg (Bloomberg) — The vast…
Asia PMIs Split as South Korea, Vietnam Weather Trump Tariffs
(Bloomberg) — Manufacturing across Asia was split last month, with activity improved in South Korea and steady in…
Dmitry Balyasny Has 3 Pieces of Advice for Young Finance Professionals
Dmitry Balyasny said chasing a big paycheck is the wrong reason to get into finance, because people who…
Chinese Industrial Profits Jump in August, Reversing Drop
(Bloomberg) — Chinese industrial profits surged after months of declines, signaling that national campaigns to tackle overcapacity and…
Apple reportedly made a ChatGPT-clone to test Siri’s new capabilities
In the pursuit of actually releasing the updated version of Siri the company promised way back at WWDC…