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Finance News — Page 33

Situational Awareness Adds $400M to Source Foundry Bet

Situational Awareness Adds $400M to Source Foundry Bet

AI-focused hedge fund Situational Awareness, founded by former OpenAI researcher Leopold Aschenbrenner, invested $400 million into Stanford-born chip startup Source Foundry — bringing its total backin

TechCrunch · 14d ago
Who’s afraid of the big, bad bull market?

Who’s afraid of the big, bad bull market?

Toronto financial planner Anita Bruinsma argues Canadian investors should stop dreading a market correction, noting that even a 20% decline would still leave three-year returns well above long-term av

Globe and Mail Business · 14d ago
Tech worker, 37, earning $166,000 has a Toronto condo that’s dropped in value

Tech worker, 37, earning $166,000 has a Toronto condo that’s dropped in value

A 37-year-old Toronto tech product manager earning $166,000 has stacked $515,000 in tax-sheltered savings but watches his condo lose value while worrying that tech's age ceiling will derail his early-

Globe and Mail Business · 14d ago
Bitcoin investors pour $853 million into spot ETFs. BlackRock’s IBIT claims the bulk

Bitcoin investors pour $853 million into spot ETFs. BlackRock’s IBIT claims the bulk

U.S. spot Bitcoin ETFs pulled in $853.54 million in the week ended Aug. 7 — the strongest weekly inflow since mid-April — with BlackRock's IBIT capturing $693 million of the total.

CoinDesk · 14d ago
July CPI, PPI and Cardinal Health Headline Week Ahead

July CPI, PPI and Cardinal Health Headline Week Ahead

July CPI and PPI inflation reports headline the week ahead alongside Cardinal Health's fiscal Q4 earnings, as the Fed weighs AI-driven price pressures against potential Iran-deal energy relief.

CNBC · 14d ago
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Jim Cramer reveals where he’d put money for the rest of 2026 - thestreet.com

Jim Cramer laid out his investment playbook for the remainder of 2026, naming 5 investing themes, 13 specific stock picks, and pointing to a Wall Street trading trend he says is creating buying opport

Google News Business · 14d ago
28 International Fund Schemes Halt Existing SIPs Over RBI Cap

28 International Fund Schemes Halt Existing SIPs Over RBI Cap

Twenty-eight international mutual fund schemes in India have stopped accepting existing SIP instalments as RBI's $7 billion overseas investment ceiling, frozen since early 2022, forces fund houses to

Mint · 14d ago
Abel puts a big chunk of Berkshire's cash to work

Abel puts a big chunk of Berkshire's cash to work

Greg Abel, in his second quarter as Berkshire Hathaway CEO, broke from the Buffett-era cash-hoarding playbook with $4.5 billion in share buybacks and the company's first net equity buying in 14 quarte

CNBC · 14d ago
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Elon Musk Faces Pressure as SpaceX Valuation Falls to IPO Price

SpaceX's valuation has pulled back toward its IPO price after a massive $327 billion rally, leaving Elon Musk under pressure to sustain investor confidence beyond the initial excitement of the listing

Google News Business · 14d ago
July CPI, Consumer Data Top Week's Market Watch

July CPI, Consumer Data Top Week's Market Watch

Multiple outlets preview the week ahead, spotlighting July US CPI data and consumer spending/sentiment reports as key market catalysts alongside AI infrastructure watchpoints.

Google News Business · 14d ago
India's Maruti sees passenger vehicle market rising to up to 6.3 mln units by 2031 - Reuters

India's Maruti sees passenger vehicle market rising to up to 6.3 mln units by 2031 - Reuters

Maruti Suzuki projects India's passenger vehicle market reaching 6.1–6.3 million units by FY31, with small cars and SUVs identified as the primary growth drivers.

Google News Business · 14d ago
Trump Crypto Took $100 Million From a Businessman With Red Flags - nytimes.com

Trump Crypto Took $100 Million From a Businessman With Red Flags - nytimes.com

Trump's family crypto business accepted $100 million from a businessman described in reporting as carrying red flags and a suspected money-laundering profile, with Trump’s sons reportedly profiting fr

Google News Business · 14d ago
Thakkar: Range-Bound Equity Markets Are Normal

Thakkar: Range-Bound Equity Markets Are Normal

PPFAS CIO Rajeev Thakkar told unitholders the two-year range-bound equity market is not unusual and the return outlook is improving, as cash in the Parag Parikh Flexi Cap Fund fell from a 25% peak to

Mint · 14d ago
Warren Buffett's successor is finally spending the huge cash pile he built at Berkshire Hathaway - Business Insider

Warren Buffett's successor is finally spending the huge cash pile he built at Berkshire Hathaway - Business Insider

Greg Abel, Warren Buffett's successor at Berkshire Hathaway, has begun deploying the company's enormous cash hoard, including a reported $10 billion purchase of Alphabet stock.

Google News Business · 14d ago
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Senate Advances Crypto Bill Despite Lobby Objections

The US Senate advanced the Clarity Act crypto bill before its August recess, though competing reports show the legislation stalling despite a $225 million industry lobbying push and public objections

Google News Business · 15d ago
Berkshire Operating Earnings Rise 16% in Second Quarter. Buybacks Hit $4.5 Billion. - Barron's

Berkshire Operating Earnings Rise 16% in Second Quarter. Buybacks Hit $4.5 Billion. - Barron's

Berkshire Hathaway's operating earnings rose 16% in the second quarter with $4.5 billion in buybacks, as new CEO Greg Abel began deploying the company's massive cash stockpile.

Google News Business · 15d ago
Wendy's Closes 28 Restaurants, Slashes Dividend

Wendy's Closes 28 Restaurants, Slashes Dividend

Wendy's is closing 28 restaurants with hundreds more on the way, withdrawing its financial outlook and slashing its dividend as a turnaround under new leadership struggles against what the CEO calls '

Google News Business · 15d ago
Senate Keeps Clarity Act Alive With Crypto Bill Vote Set for September

Senate Keeps Clarity Act Alive With Crypto Bill Vote Set for September

The Senate took its first formal step toward voting on the Clarity Act, with leadership filing a motion to proceed that locks in a September 15 procedural vote on the crypto market-structure bill.

Decrypt · 15d ago
AI Rebound Lifts S&P, Dow to Records on Weak Jobs Report

AI Rebound Lifts S&P, Dow to Records on Weak Jobs Report

AI stocks staged a sharp rebound this week, pushing the S&P 500, Dow, and Nasdaq to record highs, fueled by a surprisingly weak July jobs report that eased fears of a September rate hike.

CNBC · 15d ago
Canadian economy adds 75,100 jobs in July, U.S. sheds 23,000 positions

Canadian economy adds 75,100 jobs in July, U.S. sheds 23,000 positions

The Canadian economy added 75,100 net jobs in July—nearly four times what economists expected—while the U.S. unexpectedly shed 23,000 positions, sharpening the labor-market divergence between the two

Globe and Mail Business · 15d ago

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