$25B Investor: AI Cycle Extends Beyond Chips
📋 Key Facts ✓ Diameter Capital Partners manages approximately $25 billion in assets. ✓ The firm invested in unsecured debt of a midsize...
📋 Key Facts ✓ Diameter Capital Partners manages approximately $25 billion in assets. ✓ The firm invested in unsecured debt of a midsize...
Jeff Bezos has reportedly purchased a waterfront mansion in Indian Creek, an artificial barrier island in Miami. Karwai Tang/WireImage via Getty Images; Jeffrey Greenberg/Universal Images Group via Ge...
Bankrupt car parts maker only has enough money to operate through end of January as advisers race to raise capital...
Claude maker Anthropic is aiming to nearly double its valuation to $350 billion, with The Wall Street Journal reporting a planned $10 billion raise....
📋 Key Facts ✓ Triton Partners transferred assets into a continuation fund. ✓ The firm sold these assets for more than the projected wor...
A trader claimed to have made $1 million by timing a long-short trade after spotting abnormal activity by a market maker account on Binance, while the exchange denied any security breach....
Bloomberg Television brings you the latest news and analysis leading up to the final minutes and seconds before and after the closing bell on Wall Street. Today's guests are Schwab Center for Financia...
China’s robotics industry may need at least five years before humanoid models reach a similar level of acceptance to electric vehicles, according to private equity firm Hermitage Capital, the latest v...
Every year, Wall Street’s top minds — strategists, economists and portfolio managers — pack their best ideas into dense market outlooks, often running a hundred or more pages apiece. And e...
Jamba Juice's former CEO said middle management is important for maintaining company culture. Smith Collection/Gado/Getty Images Jamba Juice's former CEO, James D. White, said he's all for middle mana...
President Emmanuel Macron says France will vote against the European Union's trade deal with South American bloc Mercosur, after farmers rolled into Paris on tractors in a show of anger against the pa...
📋 Key Facts ✓ The FDA approved the first-ever GLP-1 pill on Monday. ✓ The pill was developed by Novo Nordisk, a Danish pharmaceutical g...
📋 Key Facts ✓ FDA approves first GLP-1 pill for obesity from Novo Nordisk ✓ Novo Nordisk is the maker of Wegovy ✓ ...
Scott Bessent said that institutional investors won't have to sell current single family homes. Alex Wong/Getty Images Scott Bessent clarified Trump's plan to ban Wall Street firms from purchasing hom...
Getty Images; Alyssa Powell/BI The must-read story in the $5 trillion hedge fund industry used to be about who made the biggest trade or launched the biggest fund. Now it's about who made the biggest ...
On Wednesday evening, Apple announced that JPMorgan Chase will become the new issuer of Apple Card, replacing Goldman Sachs, which has backed the company's credit cards since their launch in 2019 . Th...
Google cofounded Sergey Brin and Larry Page attended the Vanity Fair Oscar Party in 2007. Billy Farrell/Patrick McMullan via Getty Images T-Rex LLC, linked to Google founders Sergey Brin and Larry Pag...
Chinese rocket maker LandSpace aims to raise 7.5 billion yuan (US$1 billion) from an initial public offering (IPO) in Shanghai, after becoming the first home-grown aerospace firm to have its listing a...
Kalshi's CEO said their rivalry with Polymarket encourages them to push products and marketing harder. Diarmuid Greene/Sportsfile for Web Summit via Getty Images Prediction market Kalshi is putting a ...
Contemporary Amperex Technology Ltd (CATL), the world’s biggest maker of electric-vehicle batteries, is set to restart a major lithium mine in eastern China, in a move that could ease raw material co...