Stanley Druckenmiller piled into regional banks and made this health-care stock his biggest bet

Key Points

Billionaire investor Stanley Druckenmiller built a sizable position in regional banks and made one health-care name his biggest position last quarter.
Druckenmiller bought $115 million worth of shares in the SPDR S&P Regional Banking ETF in the third quarter, making it the firm’s seventh-biggest holding.

Source

OpenAI in talks to raise funding that would value AI startup at up to 0 billion

Finance

OpenAI in talks to raise funding that would value AI startup at up to $340 billion

January 30, 2025

Key Points OpenAI is in talks to raise new capital at a valuation of up to $340 billion valuation, CNBC has confirmed SoftBank would contribute $15 billion to $25 billion of the roughly $40 billion being invested. OpenAI faces growing competition in the generative artificial intelligence market, including from China’s DeepSeek. Source

Finance

Stocks making the biggest moves midday: IBM, Caterpillar, Nvidia, Comcast, UPS and more

January 30, 2025

Check out the companies making headlines in midday trading: American Airlines — Shares fell 2.5% after an American Airlines regional jet collided with an Army helicopter in Washington, D.C., marking the first fatal commercial airline crash on U.S. soil since 2009. Nvidia — Shares pulled back more than 3% as the chipmaker remained under selling […]

Finance

Big investors strike a cautious tone on markets for 2025 with Trump policies, inflation posing risks

January 30, 2025

The backdrop should be reassuring for many investors: A lively bull market, pro-business policies promised by the Trump administration and a Federal Reserve close to pulling off a soft landing. However, Wall Street’s biggest names aren’t sounding so bullish for the year ahead. Convening at an alternative investments conference in Miami this week, hedge-fund titans and […]