In a first for $21 billion Balyasny, a star PM will start building his own internal equities unit this month
Peter Goodwin’s new equities fund is launching as an internal exclusive at Balyasny. It’s called “Longaeva,” a tree famed…
Starbucks’ North America CEO is retiring after only 8 months on the job — and he won’t be replaced
Starbucks will go without a North America CEO after Michael Conway retires in November. Starbucks’ North America CEO is…
AI will nearly double demand for copper, which is already facing a global shortage
A rising copper shortage is set to intensify as artificial intelligence boosts demand for the red metal by as…
Smartcat is using AI to translate content into any language. Check out the six-slide pitch deck the startup used to land $43 million in fresh VC funding.
Smartcat founder and CEO Ivan Smolnikov Generative AI is transforming the way businesses run, and one startup just raised…
‘Boring is good’: Here’s where investors should look for safety amid rising uncertainty, according to BofA’s stock strategy chief
Traders should look to avoid risks and hide in safe dividend stocks as the market faces rising uncertainty, Bank…
Inside Man Group’s rebuild of a key platform that will change the way the giant hedge fund analyzes data and manages risk
Man Group’s Barry Fitzgerald The world’s largest publicly listed hedge fund is in a multiyear rebuild of a key…
Morgan Stanley lays out the stock market’s best-case scenario for this week’s Fed decision — and 2 areas to buy after the cut
Federal Reserve Board Chairman Jerome Powell speaks during a news conference after a Federal Open Market Committee meeting on…
Citi shakes up leadership after $136 million in fines for data quality issues. A memo to employees breaks down what you need to know.
Citi’s new tech head Tim Ryan will oversee the bank’s data efforts alongside COO Anand Selva. Nearly four years…
The ‘Shark Tank’ star Kevin O’Leary says to get married sooner, have more kids — and forget about the costs
Kevin O’Leary wishes he’d been a young parent. Don’t wait too long to have children or you might regret…
Stock market today: Indexes trade mixed as investors look forward to major Fed decision
The Fed is expected to deliver its first rate cut since 2020 this week. US stocks were mixed on…