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Chip fever has created an $11 billion debt market backed by Nvidia's AI-enabling GPUs
Wall Street firms are loaning billions to a handful of tech companies that have used Nvidia's AI-en…
Jennifer Sor
Schonfeld is leading its peers a year after the $11.6 billion firm ended tie-up talks with Millennium. How the industry's biggest funds did in October.
Schonfeld had another strong month in October, outpacing rivals like Citadel and Millennium.
Bradley Saacks
Will Caroline Ellison get jail time for her role in the $11 billion FTX fraud scheme? Here's what the judge must weigh.
Caroline Ellison likely won't do time for her role in FTX's collapse, ex-prosecutors say, though th…
Jacob Shamsian
2 crypto tycoons are almost $15 billion richer after Trump's election victory
Binance founder Changpeng Zhao and Coinbase CEO Brian Armstrong became a whole lot wealthier on the…
Theron Mohamed
Spirit Airlines stock plunges after report it's considering filing for Chapter 11 bankruptcy
A Chapter 11 bankruptcy has the potential to let Spirit Airlines restructure its debt following a f…
Lian Kit Wee,Will Martin
Qatar Investment Authority unit, SBI funds, Citigroup biggest buyers in Adani Energy's USD 1 billion QIP
The Rs 8,373.10 crore (USD 1 billion) qualified institutional placement (QIP) of Adani Energy Solut…
PTI
Here's where OpenAI's 11 cofounders are now
OpenAI has lost two of its cofounders in 2024. Here's where all 11 cofounders are now.
Jyoti Mann
Counting the cost of Spain's hellish floods, the government pledged $11B, local officials want $34B
Spain's Valencia province was hit hard by floods last week. The government has pledged $11 billion …
Thibault Spirlet
Dior and Gucci owners suffer $14 billion wealth crash as luxury stocks slide
LVMH's Bernard Arnault and Kering's François Pinault took a hit to their vast fortunes as luxury st…
Theron Mohamed
COP29 to commence from Nov 11; here’s what to expect from the world's biggest climate conference this time
With the world teetering on disaster and new US President Trump's controversial takes on climate ch…
Nvidia's value soars by $400 billion in 5 days. That's more than Costco is worth.
Nvidia's 14% rally has made the chipmaker more valuable than Microsoft, and CEO Jensen Huang the wo…
Theron Mohamed
3 major hurricanes in the last 13 months did billions of dollars of damage to Florida's farmlands — and that was before Milton
Milton's estimated damage was on par with the combined damage from Hurricanes Helene, Idalia, and D…
Aditi Bharade
Russia's war economy is so hot that at least 12 of its oligarchs received $11 billion in dividends over 15 months
The biggest winners from the dividend payouts were commodities exporters, Bloomberg reported.
Huileng Tan
Hurricane Milton might cost insurers up to $50 billion — but it could have been much worse, analysts said
Hurricane Milton's insured losses could range from $30 billion to $50 billion, but it's far from an…
Lian Kit Wee
Wipro announces 1:1 bonus issue; share surges 4% on the back of strong Q2 results
Yesterday, the company posted a solid 21.2% YoY rise in its consolidated net profits, which stood a…
Airport industry to see profit before tax of $1.3 billion this fiscal
"The topline will grow due to an increase in aeronautical revenue along with the receipt of…
PTI
Apollo reportedly offering multi-billion dollar investment to Intel after reports of acquisition by Qualcomm
Apollo Global Management Inc. is reportedly considering a multibillion-dollar investment in Intel, …
Hurricane Milton is headed right into $1.1 trillion worth of commercial real estate properties: Moody's
There are more than 235,000 commercial properties that could be exposed to dangerously strong winds…
Aditi Bharade
Anthropic's power players: Here are the 11 leaders helping shape the future of the Amazon-backed AI company
Meet the leaders at Anthropic, who are driving safe AI innovations, and appealing to Fortune 500 co…
Darius Rafieyan
The top 10 NFL football teams are worth a combined $78 billion
Owners of the 32 NFL teams recently voted to allow private equity investors to buy limited stakes i…