On Wednesday, Dalio listed debt, money and the economic cycle as one of the top five forces influencing the global economy.
Point72’s Steve Cohen is stepping back from trading his own book
The prominent hedge fund investor, who also owns the New York Mets, will continue his role as the co-chief investment officer at Point72.
Microsoft, BlackRock form group to raise $100 billion to invest in AI data centers and power
Microsoft, BlackRock and Abu Dhabi’s investment vehicle are aiming to initially raise $30 billion to invest in AI data centers and the energy to power them.
Elon Musk says SpaceX will sue FAA for ‘regulatory overreach’
SpaceX CEO Elon Musk threatened to sue the FAA after the agency said it would levy fines on the company for licensing and safety-related violations.
Bitcoin climbs above $60,000 ahead of Fed rate decision
Bitcoin reclaimed $60,000 on Tuesday as investors awaited details on the Federal Reserve’s rate cutting plans.
Snap unveils latest AR glasses despite ongoing struggles in core ad business
Snap on Tuesday announced the fifth generation of its Spectacles augmented reality glasses, despite its core business continuing to struggle.