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Bitcoin fell to its lowest level since last Friday’s selloff, diverging sharply from Asian equities that climbed to fresh records and highlighting investors’ lack of confidence in a sustained recovery. Image: Traxer / Unsplash Source: Bloomberg
One of China’s premium Shanghainese dining chains abruptly shut 10 outlets in the city, becoming the latest casualty of the country’s consumption slump and sparking an outcry from diners just days before the Lunar New Year holidays. Image: Damon Lam / Unsplash Source: Bloomberg
Matthew Mish, Head of Public and Private Credit Strategy at UBS, discusses the evolving impact of AI disruption on credit markets. He tells Katie Greifeld and Bailey Lipschultz on “The Close” that markets are beginning to price in increased risk, particularly in the technology sector and leveraged loan space. (Source: Bloomberg) Image: Harry Shum /…
The segment discusses the recent modest widening of credit spreads, driven by both AI-related market fears and a surge in debt issuance. While the overall index shows little change, there is significant dispersion, particularly in leveraged loans and among certain software, insurance, and asset management firms experiencing notable price declines. For the first time since…
On Wall Street, rising fears about artificial intelligence keep pummeling the shares of companies at risk of being caught on the wrong side of it all, from small software companies to big wealth-management firms. Image: Pixabay / Pexels Source: Bloomberg
Bitcoin has just drawn fresh support from some of its largest holders, though the return of demand remains narrow enough to raise doubts about whether it marks a recovery or mere damage control. Image: Felix Rottmann / Unsplash Source: Bloomberg
Ruemmler is the latest person to say theyll leave a high-profile job in light of renewed attention about their dealings with sex offender Jeffrey Epstein. Image: Pixabay / Pexels Source: CNBC
Emerging-market stocks rose to the highest since Jan. 30 as investors bet the rally backed by artificial intelligence has more room to run. Image: TVBEATS / Unsplash Source: Bloomberg
Nvidia and Google are among a handful of major tech giants developing models for robotics and so-called “phyiscal AI.” Image: 晓逸 善 / Pexels Source: CNBC
Home sales in January fell more than expected as mortgage rates didn’t move much and consumer confidence dropped. Image: Stewart Munro / Unsplash Source: CNBC
