Citadel’s Ken Griffin says the A.I. community is making a mistake by creating so much hype
Ken Griffin, founder and CEO of Citadel, believes the hype around artificial intelligence could be overblown at this early stage.…
Binance U.S. clients have $2.2 billion ‘at significant risk’ after crypto exchange charged, SEC says
The $2.2 billion of U.S. customer assets held by Binance is at “significant risk” of being stolen by founder Changpeng…
Investors pull $790 million from crypto exchange Binance after SEC charges
Crypto investors pulled $791.6 million from the crypto exchange Binance in 24 hours, crypto research firm Nansen said Tuesday, after…
Stock markets are ignoring a ‘laundry list’ of risks, strategist says
Stock markets are ignoring a “laundry list” of potential risks in their recent bull run, and a big downturn could…
Crypto bill from Republicans lays out clear roles for SEC and CFTC
Republican lawmakers released a draft bill on Friday that would provide crypto assets and exchanges a clearer regulatory plan, allowing…
Chinese EV startup Li Auto says car deliveries more than doubled in May
BEIJING — Chinese electric car startup Li Auto said it delivered more than twice as many cars in May versus…
Pentagon awards SpaceX with Ukraine contract for Starlink satellite internet
WASHINGTON — The Pentagon said Thursday it has agreed to purchase Starlink satellite internet terminals from Elon Musk’s SpaceX for use in…
Meet David Sacks, the friend of Elon Musk who could play kingmaker for Ron DeSantis
Venture capitalist and early PayPal executive David Sacks had a bundle of cash to deploy early in the 2022 midterm…
Boss of Goldman-backed digital bank Starling to step down next month
The co-founder of Starling, one of the U.K.’s largest digital banks, is set to step down as CEO next month,…
‘Price bubble’ in A.I. stocks will wreck rally, economist David Rosenberg predicts
Investors piling into stocks with artificial intelligence exposure may pay a hefty price. Economist David Rosenberg, a bear known for…
