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Assets at Leopold Aschenbrenner’s hedge fund Situational Awareness have slumped to about $10 billion after Ken Griffin’s Citadel stepped in to buy the bulk of its public stock bets. Hema Parmar has more on "Bloomberg Open Interest." (Source: Bloomberg)
Federal Reserve Board requests comment on a proposal to modernize its rule governing the extension of credit to bank "insiders"—bank executives, board members and major shareholders who could potentially influence a bank's lending decisions
Elon Musk has denied a Wall Street Journal report that Tesla Inc. might hive off its business in China to facilitate a merger with Space Exploration Technologies Corp. as “absurdly fake news.” Let’s acknowledge that upfront. Let’s also acknowledge that Tesla’s chief executive officer has been known
The University of Michigan’s final July sentiment index increased to 55.2 this month, according to the survey released Friday. That's an improvement from the preliminary estimate of 54.4. Michael McKee reports on "Bloomberg Open Interest." (Source: Bloomberg)
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Record daily influx into Spanish enclave of Ceuta on north African coast dwarfs peak of Europe’s 2015 migration crisis
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US Stocks surge into the final session of July as Amazon's fastest AWS growth in 18 quarters and Citadel's emergency rescue of AI hedge fund Situational Awareness extinguish the month's AI-bubble fears in a single overnight session
Japan yen-buying intervention Thursday may have totaled up to $44bn
Yen pares intervention gains as Asian tech shares surge