Leopold Aschenbrenner vows to ‘fight another day’ after fund plunges 67% in July
Manager of AI hedge fund Situational Awareness tells investors he will learn from ‘very expensive scar. Source: World. Read original report via source l…
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Fifa insiders turn on Infantino over controversial $20bn investment plan
Top LineInterventions by two senior officials deepen crisis over president’s plan to create new commer. Source: World. Read original report via source l…
Spain’s prime minister condemns influx of 60,000 migrants
Top LineMass arrival at enclave of Ceuta is ‘violation of . . . territorial integrity’, says Pedro Sán. Source: World. Read original report via source l…
NXP in talks to buy $3bn-plus designer of camera chips for self-driving cars
Top LineDeal would land amid consolidation wave sweeping semiconductors as they position for AI revolu. Source: World. Read original report via source l…
Are investors really getting cold feet about the AI boom?
Top LineIt is not clear whether there has been a serious change of heart about the trade underpinning. Source: World. Read original report via source link.
Japan’s yen jumps 3% as speculation over intervention swirls
OverviewCurrency on track for one of its biggest moves in recent years amid growing calls for action t. Source: World. Read original report via source l…
Warsh’s stripped-back Fed communication ‘already backfiring’, say investors
Top LineTraders warn lack of guidance on interest rates erodes US central bank’s influence on Treasury. Source: World. Read original report via source l…
The tech wreck roiling Wall Street
Top LineBanks have asked hedge funds to post more collateral as concerns grow about just how concentra. Source: World. Read original report via source l…
What are PuFins and how do Burnham and Healey plan to use them?
State-owned institutions are aimed at spurring private-sector activity, and mayors want them to work m. Source: World. Read original report via source l…
The pathway to prosperity is getting harder for developing countries
OverviewThe rules-based global market in which rich nations tolerate trade surpluses does not exist an. Source: World. Read original report via source l…