Semiconductor sector options market presents a dilemma: follow the bullish crowd or a significant bearish contrarian trade. The VanEck Semiconductor ETF (SMH) saw a bullish open put-to-call ratio, yet a $129 million bearish put trade suggests a contrarian view, potentially exploiting perceived undervalued volatility.
A study published in Science warns that permafrost thaw and wildfires in Siberia could offset 20 percent of required global methane reductions by 2050, potentially undermining international climate goals.
Uber is investing in and partnering with drone delivery startup Zipline to bring drone deliveries to Uber Eats by the end of the year, aiming for one million daily deliveries by 2029.
Stocks open lower as AI component surges contrast with pressure on hyperscalers and software shares. Interest rates climb past 4.7% ahead of Fed minutes, while pharma stocks gain on new Leerink prescription data.
Retail billionaire Mike Ashley's Frasers Group has increased its stake in German fashion house Hugo Boss to 48% following a €38-a-share offer, bringing the retail tycoon closer to potential full control despite previous board resistance.
Giorgos Tsetis, co-founder of Nutrafol, launched the Great Things family office to invest quickly in startups while dedicating at least 20% of annual net realized profits to philanthropy.
Hull City face a daunting battle for Premier League survival following their shock Championship playoff triumph, navigating new signings, injuries, and a polarized fan base under manager Sergej Jakirovic.
Stock market indexes moved higher as the AI trade rebounded, led by the Nasdaq's 2.7% gain. CNBC Investing Club reviews top and bottom portfolio performers.
The SEC issued a no-action letter allowing Franklin Templeton to invest cash in its tokenized government money fund and use an affiliate as custodian for private keys without adhering to physical custody regulations.
Spain's Nueva Pescanova has abandoned plans to build the world's first industrial octopus farm near the Canary Islands, citing business and regulatory reasons after years of ethical and scientific controversy.
Commonwealth Bank reported an $11bn full-year cash profit, noting property investor applications are stabilising after a slump driven by RBA rate hikes and Labor tax reforms.
Markets traded mixed as oil prices climbed and Treasury yields rose to 4.70% ahead of inflation reports. Meanwhile, Meta introduced the Muse Glimmer local AI model, advancing CEO Mark Zuckerberg's strategy for on-device artificial intelligence.
Global investing has expanded beyond high net-worth individuals in India, allowing retail investors to diversify portfolios internationally via mutual funds, GIFT City, and the Liberalised Remittance Scheme.
Amazon is investing in an on-site natural gas power plant for a planned data center in Pecos County, Texas, which could become the largest source of climate pollution in the U.S. by emitting 33 million tons of carbon dioxide annually.
Global pharmaceutical giants are increasing investments in China's biotech sector, aiming to leverage innovation capabilities and form joint ventures for the global market, according to Global Health Summit speakers.
Stocks rally at the start of the week, pushing the S&P 500 near a record high, driven by falling oil prices after President Donald Trump called off a planned strike on Iran. Boeing shares surge on FAA certification, an analyst upgrade, and lower oil prices.
Ant Group's embodied AI division, Robbyant, is seeking approximately 1.5 billion yuan (US$222 million) in its first external fundraising round, with plans for a second round by year-end, following the release of its second-generation LingBot AI models.
Lake Chad has shrunk by 90% since 1823, threatening 50 million people in Cameroon, Chad, Niger, and Nigeria. Climate change, population growth, and insecurity exacerbate the crisis. A $50 billion Transaqua project is proposed to redirect water from the Congo River, alongside other multi-million dollar restoration efforts.
Readers debate UK social care funding and reform, responding to Andy Burnham's call for cross-party agreement. Discussions cover wealth taxes, pension triple lock abolition, and the fairness of selling homes for care, emphasizing support for disabled individuals.
Lloyds Banking Group plans to cut £2bn in costs and invest £13bn by 2030, leveraging AI and new technology to drive growth, improve efficiency, and expand internationally. CEO Charlie Nunn detailed the four-year strategy, which includes AI-powered advice and faster mortgage approvals.
Index Ventures, a 30-year-old venture capital firm, announced it has raised $2 billion in fresh capital across three funds, bringing its total available capital to $3.5 billion. This follows a strong performance, including successful exits like Wiz's $32 billion sale to Alphabet and an early investment in Figma.
The Federal Reserve kept interest rates unchanged, prompting market relief. Upcoming earnings from Meta, Microsoft, and Amazon will shed light on AI infrastructure spending, potentially impacting semiconductor and broader markets.
The mayors of Charleston and Boise describe how data-driven city governance is helping them address flooding, housing costs, and public services. They argue that collaboration across departments and residents is producing faster, cheaper solutions.
Stocks were mixed Wednesday, with a tech split as chip stocks rallied and software lagged. An OpenAI security incident is seen as a catalyst for cybersecurity firms. Johnson & Johnson received early FDA approval for its Ottava robotic surgical system, and Goldman Sachs launched a new platform for wealthy clients to invest in private companies.
