The losses that forced hedge fund Situational Awareness to sell stocks at deep discounts appear to be the result of highly concentrated positions in crowded trades, rather than a concerted effort by ...

Gilead Sciences Inc. reported sales growth that beat expectations, as its drugs for HIV prevention and treatment continued to ...

Paramount Skydance Corp. posted a surprise surge in second-quarter profits with cost-cutting from its merger last year ...

A judge has allowed Hughes Satellite Systems Corp. to use noteholders’ cash to keep operating for the next four weeks, after a two-day court fight over how the company will pay its bills while in ...

Roughly 2,000 people have completed applications seeking an exemption from New York City’s newly-implemented pied-à-terre tax ...

Treasuries rose on Tuesday as signs of progress toward a diplomatic resolution of the Iran war sent oil prices lower, curbing expectations for more than one Federal Reserve interest-rate hike in the ...

Palantir Technologies Inc.’s stock surge has wiped out all of the year-to-date paper gains for short sellers, saddling them with billions in losses.

The flood of AI spending by big tech companies is “trickling down to the broader economy,” according to Wells Fargo & Co., ...

When people run towards the source of panic.

I went into an AI film festival in Tokyo last week expecting slop, and left surprised by how much humanity emanated from the ...

Codelco is suspending work on a project designed to extend the life of its biggest copper mine after identifying a new source ...

Southern California Edison equipment sparked a January 2025 wildfire that killed 19 people in the Los Angeles area, fire officials said.