Browsing: Financial
Iran strikes 85 U.S. military sites in the Gulf, sparking a global selloff in stocks and a spike in the price of oil | Fortune
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OPEC+ has agreed to raise oil production by a further 188,000 barrels per day from August, marking the fifth consecutive monthly…
SK Hynix: $29 billion stock offering going live this week will test investors’ appetite for AI stocks | Fortune
South Korean chipmaker SK Hynix isn’t one of the Magnificent 7 stocks but is in a class of its own…
Despite return-to-office-crackdowns, remote work is alive and well as the rate has barely changed over the last two years | Fortune
For more than a year, Corporate America has projected confidence that remote work was nearing its end. Amazon ordered employees…
Three dads started selling hats from a garage with $750—now they’ve sold $35 million worth, partnered with Gary Vee, and grown a community of fathers | Fortune
Back in 2022, Bart Szaniewski, Grant Eastey, and Ejay O’Donnell were reluctant to admit it, but fatherhood had hit them…
Elon Musk can’t sell a single SpaceX share for a year—then all the locks crack open at once | Fortune
Unless you’ve been on the moon, you know that Elon Musk’s SpaceX just pulled off the biggest IPO of all…
Sam Altman seeks new world order for AI as OpenAI slowly loses ground to Google and Anthropic | Fortune
Tech stocks led declines globally overnight. The Nasdaq 100 closed down 1.54% yesterday. By contrast, the equal weight S&P 500…
Leveraged stock bets are ‘very concentrated in the AI ecosystem,’ Goldman Sachs warns | Fortune
The inflow of money into U.S. equities is running well above the average this year, according to Christian Mueller-Glissmann and…
Former Indonesian Education Minister and Gojek co-founder Nadiem Makarim was found guilty of corruption over a pandemic-era procurement of Chromebooks…
President Trump will not get what he wants from Kevin Warsh, a source tells us, as inflation will force the Fed upwards | Fortune
For Esther George, the former Kansas City Fed president and one of the most reliably hawkish voices to ever sit…