Gold edged closer to $4,000 an ounce, extending a rally fueled by the US government shutdown and the political crisis in France.Traders are still pricing in a quarter-point cut this month, which should benefit gold as it doesn’t pay interest. However, Citadel’s Ken Griffin said investors are starting to view […]
Elon Musk’s artificial intelligence startup xAI is raising more financing than initially planned, tapping backers including Nvidia to lift its ongoing funding round to $20 billion, according to people with knowledge of the matter. The financing includes equity and debt in a special purpose vehicle that will buy Nvidia processors and […]
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Anna Edwards, Guy Johnson, Kriti Gupta and Morwenna Coniam break down today’s key themes for analysts and investors on “Bloomberg: The Opening Trade.” Chapters: 00:00:00 – MLIV 00:00:04 – Euro Drop 00:01:51 – Fed Rates, Central Banks 00:03:29 – Earnings Week, Mag 7 Stocks ——– More on Bloomberg Television and […]
A gunman killed at least four people and himself at an office tower that houses Blackstone Inc., Rudin Management, the National Football League and KPMG among others, sparking hours of chaos and fear in Midtown Manhattan on Monday evening. The suspected gunman’s body was found on the 33rd floor, which is […]
Picture all the gold you could possibly imagine. Now double it. That’s how much wealth the richest man who ever lived controlled. Most people will go their entire lives without ever learning his name. It might be tempting to mention some modern billionaires. People like Elon Musk, Jeff Bezos, or […]
