Total assets invested in so-called tax-aware long-short strategies — or TALS — have surged to more than $170 billion, according to Tax Alpha Insider. Read the original report.
Its the latest move by the prediction market company to diversify its assets users can trade. Read the original report.
Chinese netizens focused on the price of Apple’s iPhone Duo, as cheaper Xiaomi and Huawei foldables raise value comparisons and muddle the foldable's reception. Read the original report.
Oracle's cloud infrastructure revenue jumped 121% from a year earlier, reflecting demand for AI cloud services. Read the original report.
Ant-backed startup JoyIn's CEO published an article in Chinese that raised questions about similarities between his company's new model and OpenAI publications. Read the original report.
OpenAI launched ChatGPT for Financial Services, targeting the labor-intensive research, modeling and pitchbook tasks traditionally handled by junior bankers. Read the original report.
TSMC reported monthly sales revenue for August on Thursday. Read the original report.
Ford Motor on Thursday announced a $1 billion investment to build a new paint shop at its crucial truck plant in Kentucky. Read the original report.
Oracle's results for the quarter came in stronger than expected, as did its revenue backlog. Read the original report.
The NFL has an opt-out clause at the end of the 2029-30 season in which it can resell and redistribute its media rights. Read the original report.
As Chinese electric car sales slow and share prices tumble, several of the automakers are ramping up humanoid robotics development. Read the original report.
Macy's posted strong fiscal second-quarter results on Thursday and raised its full-year guidance. Read the original report.
Home sales slowed again despite the highest supply of homes for sale in over a decade. Prices, however, continue to rise. Read the original report.
Nearly 40M Americans are aging alone, and retirement systems built for couples leave solo seniors facing greater financial, caregiving, housing and planning risks. Read the original report.
Visa, Mastercard and Ant International are working on common standards for AI-agent payments — including ways to verify and monitor their transactions. Read the original report.
The Rams spent five years building their brand in Australia. This week, Los Angeles will face San Francisco in the NFL’s first regular-season game Down Under. Read the original report.
The domestic box office posted a record-breaking summer movie season, which was bolstered by an extra week of ticket sales and higher-priced premium screenings. Read the original report.
As the Trump administration ramps up pressure on the Federal Reserve, consumers may be better served if senior officials back off, experts say. Read the original report.
In a letter to Ford CEO Jim Farley, U.S. DOT Secretary Sean Duffy questioned the automaker's strategic trajectory involving Chinese companies. Read the original report.
With stocks near all-time highs and bonds selling off, it's likely a good time for investors to consider rebalancing to their target risk, advisors said. Read the original report.
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