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Leopold Aschenbrenner's fund was forced to sell most of its $16 billion stock portfolio to Citadel.
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The tech giant's free cash flow crashed from $8.55 billion to $784 million, and next year's AI bill could be even bigger.
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On its recent earnings call, Amazon said AI demand is fueling faster AWS growth, but capacity still remains limited.
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Kashkari and Hammack joined Dallas Fed President Lorie Logan in dissenting against holding the Fed's key overnight borrowing rate steady.
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The Kospi saw its best-ever day on Friday, as the index came roaring back thanks to historical jumps in its big tech names.
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Tony Romo placed on leave by CBS Sports 'until further notice' following OWI arrest, JJ Watt to replace him in booth Yahoo Sports CanadaTony Romo, CBS at a breaking point after leave: ‘Worst contract in media history' The New York TimesTony Romo on leave from CBS Sports after arrest in Wisconsin sports.yahoo.comPolice: Tony Romo had open bottle of alcohol in car when arrested ESPN
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New York sues Kalshi prediction market alleging ‘illegal gambling operation' The GuardianState suit calls Kalshi prediction markets unlicensed, illegal gambling Times UnionNew York sues Kalshi, says prediction market is running 'illegal gambling operation' CNBCNY looks to shut down Kalshi, have it pay $36 billion in new lawsuit Gothamist
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Apple stock falls on weak revenue forecast as CEO Tim Cook flags 'increasing impact' from memory shortage finance.yahoo.comTim Cook signed off on his final Apple earnings call with a warning about a ‘hundred year flood' in memory chip pricing finance.yahoo.comApple stock sinks 10% after Tim Cook warns of ‘100-year flood' in memory prices New York PostApple earnings takeaways: Weak forecast, supply concerns overshadow sales beat in Cook's last report as CEO
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Amazon stock soars as e-commerce giant's AWS cloud business booms in 'home run' quarter Yahoo FinanceAmazon hikes 2026 capex to $220 billion due to higher memory costs CNBCAmazon.com Announces Second Quarter Results Amazon Investor RelationsAmazon soars as cloud revenue surge allays fears over ballooning AI bets Reuters
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Blue Earth Capital has passed $200m in capital commitments for its impact secondaries strategy after it concluded a second close. Momentum for the latest close came largely from the US, where three prominent names joined the investor base. These were Builders Vision, iAlumbra Capital and Sonen Capital. The firm said the milestone marks an important […]
The post Blue Earth Capital makes second close of strategy on $200m appeared first on AltAssets Private Equity News.
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Trump's Gaza Deal Sparks Questions on Whether Israel and Hamas Will Comply The New York TimesTrump brokers Hamas disarmament deal as Saudi Arabia plans Houthi offensive Fox NewsMiddle East expert says Trump's Hamas disarmament plan ‘likely to fail' MS NOWOfficial says Israeli troops won't pull back in Gaza without 'genuine' Hamas disarmament BBCTrump touts Hamas disarmament deal, but uncertainties remain Los Angeles Times
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Shell, Exxon and Chevron report their quarterly earnings this week, and are expected to announce high profits.
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Loyalty to Trump Proves a Double-Edged Sword for Attorney General Nominee The New York TimesTrump further muddies Blanche negotiations, saying he wishes ‘anti-weaponization' fund weren't dead CNNTrump considers pulling Todd Blanche's attorney general nomination as senators hold out BBCSenate Republican warns Trump against delaying Blanche nomination: ‘This place could be very different' The Hill
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Oil price rises after Iran says it stops ships in Hormuz reuters.comIran strikes tankers under US escort in Hormuz strait as Trump gathers cabinet to discuss war theguardian.comOil prices rise after Iran says it attacked two tankers transiting Strait of Hormuz CNBC
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UEFA and Concacaf's rejection of FIFA's plan to sell a 20% stake in the World Cup's commercial operations highlights uneasiness with private equity in sports.
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Trump announced a deal for Hamas to disarm. And, the U.S. economy slowed a bit NPROfficial says Israeli troops won't pull back in Gaza without 'genuine' Hamas disarmament BBCHamas agrees to give up arms but uncertainty remains CNNTrump brokers Hamas disarmament deal as Saudi Arabia plans Houthi offensive Fox NewsLive updates: Trump takes Cabinet meeting to Camp David as Hamas agrees to his disarmament deal AP News
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Can a GLP-1 treat alcohol disorder? Veterans Affairs starts a study to find out. The Washington PostVA to run trial of GLP-1 drug to treat alcohol abuse ABC News - Breaking News, Latest News and VideosVA launches trial to test GLP-1 medication for alcohol use disorder in veterans Military TimesVA announces launch of GLP-1 treatment to help veterans struggling wit
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Box Office: 'Spider-Man: Brand New Day' $167M U.S. Record Opening Day DeadlineSpider-Man: Brand New Day Audience Reviews: A Near-Perfect Spider-Man Movie editorial.rottentomatoes.comCan a Gritty Spider-Man Save the Superhero Movie? The New York Times‘Spider-Man: Brand New Day' Review: Tom Holland's Bleak Peter Parker WSJMovie Review: 'Spider-Man: Brand New Day' KCCI
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Spain's Ceuta In ‘Chaos': What To Know About Migrant Surge ForbesMigrant crisis pushes Italy to restore border checks with Spain, testing Europe's open-border system Fox NewsWhat Caused the Surge of Migrants From Morocco Into Ceuta? The New York Times
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A new Colorado River plan requires water cuts for three states. Deeper cuts are still possible. The Washington PostU.S. Raises Threat of Steep Water Cuts in Lower Colorado River Basin nytimes.comFeds release long-awaited new plan for Lake Powell, Lake Mead KSL.comTrump administration releases long-awaited 10-year plan for dwindling Colorado River Los Angeles TimesA federal plan for addressing a water crisis affe
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Anthropic says Claude accidentally hacked real companies too The VergeInvestigating three real-world incidents in our cybersecurity evaluations AnthropicAnthropic says its AI models hacked 3 organizations during testing PBSAnthropic says Claude AI hacked three companies during cyber tests NBC NewsAnthropic Says Its A.I. Systems Broke Into Computers at 3 Organizations nytimes.com
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Why corporate bosses are worried about new Kevin Warsh's stance on interest rates nypost.comSpooked investors demand clarity on Fed's anti-inflation strategy The Washington PostThe Problem With Warsh's Deference to Markets WSJAnalysis: Fed Chairman Warsh's credibility in question after leaving interest rates unchanged CNBC
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Financial planning gets all the attention in a business sale — but the identity, community and sense of purpose you lose the day you sign are what most founders never prepare for, and what defines whether the exit was actually worth it.
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Auto giant Stellantis on Thursday swung to profit in the second quarter, boosted by rising demand in North America.
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Jersey Mike's priced its initial public offering at $23 per share.
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