The bitcoin futures ETFs have slightly underperformed the spot cryptocurrency in a volatile first five months of existence.
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Five months in, bitcoin ETFs are down big but showing signs of staying power
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Massive fire breaks out at Chevron oil refinery in California
An aerial view of Chevron crews attempting to extinguish a large fire and explosion that occurred at Chevron Refinery in El Segundo Thursday, Oct. 2, 2025. Allen J. Schaben | Los Angeles Times | Getty Images A huge fire broke out on Thursday night at a Chevron oil refinery in California, one of the largest […]
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The AI trade could rapidly unravel – and one hedge fund is preparing for the fallout
The AI boom is turbo-charging technology stocks, pushing the S & P 500 , the Nasdaq and Dow Jones to fresh record highs. But Karim Moussalem, chief investment officer of equities at Selwood Asset Management, sees “enormous risks” on the horizon for the AI trade which could rapidly unravel — and he is positioning his […]
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CNBC Daily Open: U.S. stock indexes charge ahead with three record closes
The “Charging Bull” statue at Bowling Green in New York’s Financial District. Drew Angerer | Getty Images Investors continue to pile into stocks, undeterred by a government shutdown or shaky jobs data, with all three benchmarks hitting record highs Thursday. With the Senate not meeting yesterday because of Yom Kippur, the U.S. government stayed shut […]
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