3+ day, 7+ hour ago   (246+ words) Samsung Electronics has announced a shareholder return package, marking a blockbuster week for shareholder returns among South Korea's chip giants following SK Hynix's share buyback. The company announced Friday that it expects shareholder returns to total between 90 trillion won and…...

1+ week, 5+ day ago   (290+ words) Computing power is emerging as a new tradable asset class, with CME Group set to launch the first futures contracts tied to the cost of running the chips that power artificial intelligence. The exchange is partnering with Silicon Data to…...

2+ week, 5+ day ago   (224+ words) Ken Griffin's Citadel posted strong gains across its major hedge funds in July, helped by a recovery in risk assets and a discounted purchase of assets from the collapse of Leopold Aschenbrenner's Situational Awareness to end the month, according to…...

3+ week, 5+ day ago   (550+ words) A coalition of 44 state attorneys general wrote in a letter to the Commodity Futures Trading Commission on Monday that the agency doesn't have the power to regulate sports-related event contracts on prediction market platforms. The letter was sent as the…...

1+ mon, 2+ week ago   (540+ words) Bitcoin turned positive Monday after President Donald Trump voiced his support for cryptocurrency. Earlier in the session, bitcoin dove toward $60,000 after Strategy, a longtime corporate buyer of the token, sold some of its holdings for the second time this year,…...

1+ mon, 3+ week ago   (360+ words) BEIJING — Alibaba-affiliate Ant Group is ramping up its move into humanoid robots. Ant has led a 500 million yuan ($73.58 million) funding round in humanoid robotics company Zeroth, the start-up announced Thursday. It's the 12th company in the sector that Ant has invested…...

2+ mon, 4+ hour ago   (207+ words) Wendy's shares surged in premarket trading Wednesday, fueled by a burst of retail investor enthusiasm that appears disconnected from the fast-food chain's latest executive appointment. The stock climbed more than 16% before the opening bell on heavy volume after Wendy's disclosed…...

10+ mon, 3+ day ago   (140+ words) Activist investor Jana Partners has taken a stake in medical device maker Cooper Cos. and will push the firm to explore strategic options, The Wall Street Journal reported Monday. Shares of Cooper were up 4% in afternoon trading Monday. The hedge…...

2+ mon, 2+ day ago   (288+ words) Elon Musk became the world's first trillionaire thanks to his stake in SpaceX after the company's public debut on June 12. Prediction market traders think that Mark Zuckerberg has the best chance of being next, but it's still a long shot....

2+ mon, 1+ week ago   (286+ words) Prediction market traders think consensus will return to the Federal Reserve's policy-setting board when new chairman Kevin Warsh presides over its June interest rate decision later Wednesday. At April's meeting, the last under former Fed chair Jerome Powell, four members…...