By Summer Zhen HONG KONG (Reuters) – Crypto prime broker FalconX and global bank Standard Chartered said on Wednesday they…
Institutional investors juggle bitcoin ETF holdings, US filings show
By Suzanne McGee (Reuters) -A number of high-profile asset managers cut their stakes in spot bitcoin exchange-traded funds amid a…
Nvidia CEO says next chip after H20 for China won’t be from Hopper series
By Wen-Yee Lee TAIPEI (Reuters) -Nvidia is evaluating how to address the China market after the U.S. government placed limits…
Musk’s xAI updates Grok chatbot after ‘white genocide’ comments
(Reuters) -Elon Musk’s xAI responded to widespread reports that its Grok chatbot made claims about a genocide against white citizens…
‘Big Short’ investor Michael Burry doubles stake in cosmetics maker Estee Lauder
By Anuja Bharat Mistry (Reuters) -Michael Burry’s Scion Asset Management has doubled its stake in Estee Lauder, at a time…
Analysis-Novo Nordisk should look to the US for its next CEO, analysts say
By Patrick Wingrove and Maggie Fick (Reuters) -As Denmark’s Novo Nordisk shops for its next CEO to replace Lars Fruergaard…
OpenAI to help UAE develop one of world’s biggest data centers, Bloomberg News reports
(Reuters) -OpenAI plans to help develop a massive new data center in the United Arab Emirates that may eventually be…
Mike Novogratz’s Galaxy Digital debuts on Nasdaq in bumper week for crypto
By Hannah Lang (Reuters) -Galaxy Digital, founded by Mike Novogratz, made its Nasdaq debut on Friday, capping off a momentous…
Alibaba misses revenue estimates as it fights for China e-commerce market dominance
By Casey Hall and Deborah Mary Sophia (Reuters) -Alibaba posted quarterly revenue that missed analysts’ estimates on Thursday, as the…
Berkshire doubles Constellation stake, sheds Citigroup
(Reuters) -Warren Buffett’s Berkshire Hathaway said on Thursday it more than doubled its stake in alcoholic beverages producer Constellation Brands,…