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UBS advice sparked withdrawals from Blue Owl credit fund- FT Source link
Last year, when we tested out the “Agent Mode” in OpenAI’s Atlas web browser, we complained that any automated tasks tended to stop after a few minutes, limiting its usefulness for ongoing or complex tasks. With today’s release of ChatGPT Work, OpenAI says it has solved that problem with a new tool that can “stay with a project for hours if needed, and turn a goal into finished work.” The company is challenging users to evaluate ChatGPT Work by “giv[ing] it a task you already know well,” such as analyzing a budget or preparing a sales meeting. The company also…
The Nasdaq MarketSite in New York, US, on Monday, June 15, 2026. Michael Nagle | Bloomberg | Getty ImagesTech bulls may not have to wait much longer for fresh highs, if the single-biggest trade in the Invesco QQQ Trust ETF on Thursday is any indication.The trader spent $24 million on a three-part call spread that needs the Nasdaq-100 index to make an all-time high by the end of this month, a high-conviction directional bet and the third-biggest trade among all options exchanged on Thursday.Despite recent volatility, the Nasdaq 100 has been effectively flat since May 14. The index last made…
SK Hynix advisors win big fee windfall after modest SpaceX payday Source link
POLAND – 2025/09/05: In this photo illustration, an SK hynix logo is seen displayed on a smartphone with the American flag in the background. (Photo Illustration by Omar Marques/SOPA Images/LightRocket via Getty Images)Sopa Images | Lightrocket | Getty ImagesAs global chip giant SK Hynix makes its Nasdaq debut Friday, the listing will test whether the stock will be able shed its long-standing “Korea discount.” “Korea discount” refers to the tendency of South Korean companies to trade at lower valuations compared to global peers due to concerns over corporate governance and opaque conglomerate structures. The listing on the Nasdaq via American depositary…
Gold – a portfolio diversifier and hedge – suffered an ugly second quarter, but investors should think twice before planning to jettison the precious metal from their portfolios. Gold futures shed more than 13% in the second quarter – the worst since 2013. The precious metal is typically thought of as a safe-haven asset for investors, but it has seen its share of turbulence amid heightened geopolitical tensions. For starters, gold futures have fallen 21% since the start of the Iran war. That comes after gold prices touched record highs early in the year. Gold futures also tumbled 0.2% during…
MiniMax says it has closed $2 bln funding round, outlines AGI commitments Source link
Cases of an explosive diarrheal parasite continue to skyrocket in Michigan, which is reporting 1,251 cases as of July 9. Of those, 44 were hospitalized. Meanwhile, across the border in Ohio, cases are also quickly rising, with news reports of a case total over 500. The outbreak in Michigan began with two cases reported on June 22 and rose steeply at the start of July. The Michigan Department of Health and Human Services (MDHHS) reported 572 cases on July 4. On Wednesday, July 8, 239 cases were reported, the highest single-day tally so far. The current total of 1,251 cases…
Motorists purchase gas at a station in Chicago, Illinois, June 9, 2026.Scott Olson | Getty ImagesStock Chart IconStock chart iconWTI Crude 5-day chart.On Thursday, the national average of gas prices was at $3.84, according to AAA, up 5 cents from the day prior. The rise comes as U.S. oil prices rose as high as $75 per barrel on Wednesday, up from around $68 per barrel on Monday. However, WTI crude eased to below $72 per barrel on Thursday. While traders on Kalshi think gas prices will remain higher for longer, they also don’t see them returning to new highs. They give…
By Rocky Swift and Noriyuki Hirata TOKYO, July 10 (Reuters) – Shares in the Japanese owner of clothing brand Uniqlo slid sharply on Friday after the company raised its profit forecast but warned about the impact of the weak yen. slid as much as 5.1% in early Tokyo trading. After the bell on Thursday, the company announced it was lifting its guidance for full-year operating profit to a record 730 billion yen ($4.50 billion). The company’s shares have had a blistering run, up more than 42% so far in 2026. “The share price has risen over roughly the past three…