Iceland Opens Access to Volcanic Eruption Site as Fumes Subside
Iceland began admitting people to the site of a volcanic eruption after most noxious gases dissipated.
Bloomberg Business
Tech Investors Bet on AI, Leave Crypto Behind
Funding for crypto startups is plunging as VCs embrace artificial intelligence.
What’s Behind Nasdaq 100’s First-Ever ‘Special Rebalance’?
Whatever theories are being proffered as to why index overseers chose to cap the influence of technology megacaps in the Nasdaq 100, the real reason is a simple one.
The Barbie-Oppenheimer Double Feature Is Really Happening, Data Shows
Nothing says a perfect five hours of cinema like a drama about the creation of the nuclear bomb and a brightly-colored comedy about the world’s most famous doll.
Ireland Considers Investment Fund to Complement Sovereign Wealth Fund
Ireland is planning to establish a public investment fund to help sustain capital spending if the economy hits a “sharp” downturn, according to the country’s budget chief.
US Security Officials to Defend AI in Classified Senate Briefing
Senior US national security officials are scheduled to defend their use and development of artificial intelligence on Tuesday in a classified briefing with senators, amid calls for lawmakers to regulate or even temporarily halt the emerging technology.
Little-Known Russia Wheat Exporter Jumps in Ranking
A company created in the wake of Russia’s invasion of Ukraine has become one of its major wheat traders in the space of a year.
Activision Options Bet Pays 246% in an Hour After Merger Cleared
One trader made a well-timed bet that Microsoft Corp.’s $69 billion bid to acquire Activision Blizzard Inc. would get the okay to move forward from a US court Tuesday.
Cinven Seeks More Time to Close €12 Billion Flagship Buyout Fund
Cinven is seeking more time to close its next major buyout fund, people with knowledge of the matter said, amid a difficult fundraising environment for private equity firms.
Investors Find an Easy Way to Trade Nasdaq 100’s ‘Special Rebalance’
Wall Street is finding ways to trade the “special rebalance” of the Nasdaq 100 as the overconcentration of megacap firms breach an upper limit in the tech-heavy gauge. They’re investing in QQQE.
