Wall Street Sees AI Bubble Coming and Is Betting on What Pops It
(Bloomberg) — It’s been three years since OpenAI set off euphoria over artificial intelligence with the release of…
Strategy’s Dollar Reserve Fails to Soothe Bitcoin-Sales Concern
Strategy Inc. said it had created a $1.4 billion reserve to fund future dividend and interest payments, in…
Bitcoin (BTC) Slides to Below $86,000 in Risk-Off Start to December
Cryptocurrencies fell sharply on Monday, bringing fresh momentum to a wide-ranging selloff that appeared to have settled. Bitcoin…
Burry Defends His Nvidia Criticism as Company Pushes Back
Michael Burry is standing by his criticism of Nvidia Corp. even after a report said the leading artificial…
Jack Nicklaus’ Former Golf Company Files for Bankruptcy After Lawsuit
Nicklaus Companies, Jack Nicklaus’ former golf course services business, said it filed for Chapter 11 bankruptcy after a…
Meta Wins FTC Antitrust Trial Over Instagram, WhatsApp Deals
Meta Platforms Inc. won a key court ruling that the company’s acquisitions of the photo-sharing app Instagram and…
The Apple Designer Who Introduced the iPhone Air Leaves the Company
The Apple Inc. designer who helped develop the iPhone Air — and even starred in its introduction video…
Satellite Hunt for Superpollutant Wins $100 Million New Funding
Riley Duren, chief executive officer of Carbon Mapper, during the Bloomberg Green At COP30 event in Sao Paulo,…
As Chicago Bears Seek to Ditch Soldier Field, a $356 Million Debt Stays Behind
For Chicago, it was bad enough that the Bears are planning to abandon the town they’ve called home…
China’s Wingtech Dives 10% After Dutch Take Control of Nexperia Chip Unit
The Dutch government seized control of Chinese-owned chipmaker Nexperia, using an emergency Cold-War era law for the first…