Finance

Google backs Distance, startup bringing mixed reality to cars, planes

Distance Technologies develops a product that it says can turn any transparent surface into an augmented-reality display. Distance Technologies Distance…

David Tepper’s big bet after the Fed rate cut was to buy ‘everything’ related to China

Billionaire hedge fund founder David Tepper said his big bet after the Federal Reserve’s rate cut was to buy Chinese…

David Tepper says the Fed has to cut rates at least two or three more times to keep credibility

David Tepper, founder and president of Appaloosa Management. David Orrell | CNBC Appaloosa Management’s David Tepper said investors should believe…

Stocks making the biggest moves midday: MU, SMCI, LUV

Check out the companies making headlines in midday trading. Micron Technology , chip stocks — Shares surged nearly 15% after…

China optimism is surging. Why some investors are cautious

A shareholder at a securities hall in Hangzhou, the capital of Zhejiang province in east China, on Sept. 24, 2024.…

JPMorgan Chase is prepared to sue the U.S. government over Zelle scams

JPMorgan Chase CEO and Chairman Jamie Dimon gestures as he speaks during the U.S. Senate Banking, Housing and Urban Affairs…

OpenAI’s CFO says funding round should close by next week in letter

OpenAI’s Sora AI tool allows users to create AI-generated videos from text-based inputs. Costfoto | Nurphoto | Getty Images OpenAI…

Stocks making the biggest moves midday: WYNN, RKLB, SAVA

Check out the companies making headlines in midday trading: Bristol-Myers Squibb — The drug maker jumped 1.6% after the U.S.…

How new deal could reshape ETF industry

Blockchain technology and tokenization could challenge the traditional ETF model. Janus Henderson said recently that it’s partnering with Anemoy Limited…

Stocks to play the China trade until the stimulus package kicks in

China’s surging stock market after the government outlined plans to boost the economy has suddenly tipped hedge funds and strategists…