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Gloo agrees to acquire Cedarstone to expand AI-powered nonprofit services

A spate of well-known hedge funds reported steep losses in July as AI shares tumbled, most notably forcing the highly leveraged Situational Awareness to sell most of its stock portfolio at a deep discount to Ken Griffin’s Citadel.

India’s plan to sell more shares in its insurance giant was no secret. But the government surprised the market by how much it raised and the pace of the deal.

Asia shares ease on tech pullback, oil stable as Iran talks stay in focus Reuters

AMD and SpaceX are pulling back after earnings. But Eli Lilly is jumping after crushing estimates.

Even though the fundamentals look more promising, we want to be disciplined about rallies in the stocks and take profits along the way.

Transactions fuel criticism of the party’s lack of transparency over its financing

Call Jim Clyburn and eat some humble pie.

FTSE 100 rises, led by Glencore, Next earnings; banks slide Reuters

Gloo agrees to acquire Cedarstone to expand AI-powered nonprofit services