Iran, AI, and California fuel hedge funds’ energy stock bets
CNBC’s Power Insider reveals the 15 energy stocks hedge funds own most, from Williams and Chevron to Solaris, as Iran, AI, and California fuel market shifts.
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Kalshi Traders See Bitcoin Ending 2026 Barely Above Current Levels
Bitcoin’s recent surge has lifted it above $77,000, but Kalshi prediction market traders estimate it will end 2026 near $75,000, a slight decline.
Treasury’s debt buyback expansion stirs fresh inflation worries in bond market
Investors are increasingly pricing in higher inflation after the Treasury’s expanded debt buyback program, raising concerns about policy implications.
U.S. military helped 660 million barrels of oil cross the Strait of Hormuz
More than 660 million barrels of oil have crossed the Strait of Hormuz with U.S. military assistance since early May, but exact flow estimates vary widely.
How American Brands Lost Their Edge in China
Once a growth engine for American brands, China has become a battleground. Here’s why Nike, Starbucks, GM and others are falling behind.
Tesla Recalls Around 3 Million Vehicles in China Over Two Safety Issues
Tesla will recall roughly 3 million vehicles in China to address doorhandle and driver attention monitoring safety defects, with free software updates planned.
Ken Griffin says Citadel unwound more than 80% of risk tied to Situational Awareness portfolio
Ken Griffin says Citadel unwound more than 80% of the risk tied to the Situational Awareness portfolio, executing over $4 billion in block trades.
Bitcoin surges 22% in a week as Treasury move and short squeeze reignite investor optimism
Bitcoin closed with a 22% weekly gain, climbing to $76,943.90 after a Treasury intervention and a massive short squeeze fueled a crypto rally. Coinbase and Strategy also advanced.
Treasury Yields Rise as Bond Buyback Rally Fades and Debt Concerns Linger
Longer dated U.S. Treasury yields rose Friday, with the 30 year bond reaching 5.273%, as markets look to Fed Chair Warsh’s Jackson Hole remarks.
International Student Enrollment Slumps as Visa Rules Tighten
New reports show a sharp decline in international student enrollment in U.S. colleges, with a record drop in applications and billions in economic impact.