Photos show Altman, Iger and Cook arrive at ‘summer camp for billionaires’ in Sun Valley

Photos show Altman, Iger and Cook arrive at ‘summer camp for billionaires’ in Sun Valley


Key Points
  • Top executives from tech, media and finance gathered in Sun Valley, Idaho, for Allen & Co.’s annual conference this week.
  • The gathering is often referred to as “summer camp for billionaires.”
  • Apple CEO Tim Cook, Walmart CEO Doug McMillon, Disney CEO Bob Iger and OpenAI CEO Sam Altman were pictured entering the lodge.



Source

Stocks making the biggest moves midday: MongoDB, Pinterest, NRG Energy, Kontoor Brands & more
Finance

Stocks making the biggest moves midday: MongoDB, Pinterest, NRG Energy, Kontoor Brands & more

Check out the companies making headlines in midday trading. AeroVironment — The drone maker’s stock jumped 9% after AeroVironment said it is still in talks with the U.S. Space Force for the SCAR program contract. Negotiations had been paused in order to revise the terms to speed up delivery times. The company said it is […]

Read More
Blackstone’s Gray: Market ‘noise’ fueled record redemptions from world’s largest private credit fund
Finance

Blackstone’s Gray: Market ‘noise’ fueled record redemptions from world’s largest private credit fund

Key Points Blackstone president Jon Gray defended the quality of loans within the firm’s flagship private credit fund after investors as concerns in the sector are growing. Source

Read More
New York Fed’s Williams says tariff burden falls ‘overwhelmingly’ on U.S. businesses and consumers
Finance

New York Fed’s Williams says tariff burden falls ‘overwhelmingly’ on U.S. businesses and consumers

Key Points American consumers and businesses are taking most of the hit from President Donald Trump’s tariffs, New York Fed President John Williams said in remarks that counter White House claims. A study Williams cited on the issue has generated a fair amount of controversy over the past few weeks, with White House economist Kevin […]

Read More