Author: Charlotte

A 24-year-old AI wunderkind dubbed the “Nostradamus of AI” has become Wall Street’s newest obsession after growing his hedge fund into a more than $20 billion powerhouse in less than two years. Leopold Aschenbrenner, a former OpenAI researcher with no professional investing experience, launched Situational Awareness in 2024 with a few hundred million dollars — and has since ridden a series of blockbuster AI bets to eye-popping returns. The Germany-born investor has become a cult figure among traders and tech executives, with fans poring over his regulatory filings for clues about his next move and even copying his trades through…

Yuga Labs has recovered 68 NFTs worth more than $500,000 in an emergency white-hat operation, securing assets exposed by a Flooring Protocol exploit before attackers could drain them. The recovered haul includes 29 Bored Apes, two CryptoPunks, and four Mutant Apes, now held in Yuga’s custody for return to owners once the protocol is fixed. How the Exploit Unfolded Flooring Protocol is an NFT liquidity platform. Users lock NFTs and receive fungible fpTokens pegged one-to-one to those deposits. The attacker started with a small amount of Wrapped Ether (WETH). They then abused a flaw in the protocol’s packed accounting logic…

The Dow’s industrial-era anchors are quietly outpacing the broader market. Over the past year, the SPDR S&P 500 ETF Trust (NYSEARCA: SPY) returned 24.37%, and the Dow tracker returned 20.22%. Three “old economy” Dow components have left both benchmarks in the dust, and they share more than just a ticker on the same index. What unites them: Hard-asset moats (industrial machinery and dealer networks, a global capital franchise, a national pharmacy and insurance footprint) B2B and cycle sensitivity (construction and power, dealmaking and trading, healthcare utilization and PBM volumes) Dominant market positions with steep scale barriers. Each is also leveraging…

New fund to offer investors access to CLOs MINNEAPOLIS, MN, June 8, 2026 /PRNewswire/ – RBC Global Asset Management (U.S.) Inc. (“RBC GAM-U.S.”) today announced the launch of the RBC BlueBay Enhanced Income Fund (“the Fund”), a closed-end interval fund providing U.S. investors with access to alternative credit markets through collateralized loan obligations (“CLOs”). The Fund is an actively managed portfolio primarily investing in equity and junior debt tranches of CLOs, with the flexibility to invest in other structured credit securities. CLO tranches are bond securities backed by a pool of corporate loans with BB and B credit ratings. Regionally, the…

HMRC has published updated guidance on the revised share reorganisation anti-avoidance rules following the changes introduced by Finance Act 2026. The guidance provides welcome confirmation that standard private equity management rollover arrangements should continue to benefit from share-for-share exchange relief despite concerns raised by the widening of the anti-avoidance provisions. Previous Concern In order to achieve management re-investment in the buyer’s structure, which is a typical feature of private equity transactions, management shareholders will often exchange a portion of their sale shares for shares in the acquisition structure as part of a UK private equity buyout. These arrangements, which usually involve a…

Agadir – Siemens Healthineers and Mediot AI, a subsidiary of ABA Life, have entered into a strategic partnership to generate a new artificial intelligence-enhanced healthcare infrastructure across Africa and other emerging markets. “MEDIOT AI, a subsidiary of ABA Life, and Siemens Healthineers are collaborating to strengthen health infrastructure through the integration of artificial intelligence and digital systems in Africa and emerging markets,” Mediot AI announced. The collaboration brings together Siemens Healthineers’ expertise in medical imaging, diagnostics, hospital systems, and biomedical technologies with Mediot AI’s sovereign artificial intelligence platforms and healthcare operating systems.According to the Mediot AI announcement, the initiative will focus…

On Thursday, October 23, the Department of Economics, in partnership with the Economics Association, hosted the annual Women in Economics Networking Night at the University Club’s Scriptorium Room. The event brought together over 50 students for an inspiring evening of conversation, mentorship, and professional connection. The night featured keynote speaker Alaina Hartley ’16, Private Equity Expert and former EA President, who shared insights from her journey in finance and offered encouragement to current students pursuing careers in economics and related fields. Students had the opportunity to engage directly with alumnae representing a wide range of industries, including asset management, consulting,…

A reader asks HerMoney CEO Jean Chatzky: “We’ve had a bar of silver for 40 years. I would like to sell it, but I don’t know how. Do we sell it at a bank?” Twice a week, our CEO and resident money guru Jean Chatzky tackles your burning questions in the HerMoney newsletter. We’ve pulled some of the best to feature on our website — and this one made the cut! Got a question for Jean? Send it her way right here.  Q: Today’s question comes from Jill. She writes: “We’ve had a bar of silver for 40 years. I would like…

Bitcoin (BTC-USD) opened at $63,310.30 on Monday, 4% higher than Sunday’s opening price. As of 8:50 a.m. ET this morning, the price of bitcoin moved up to $63,515.91. Ethereum (ETH-USD) opened at $1,689.78 on Monday, up 7.7% from Sunday’s opening price. The price of ethereum hasn’t moved much this morning and was $1,689.60 as of 8:50 a.m. ET. Opening prices for bitcoin and ethereum steadily moved lower last week, even lower this weekend, but seem to be rebounding toward Friday’s opening-price range. Bitcoin prices moved below $60,000 this weekend, the first time they’ve dipped that low since 2024. There are multiple…

Company Engages Caram Media Alongside Leading Shareholder Communications and Market Awareness Partners to Support Continued Growth and VisibilityMetalsource Mining Inc. (CSE: MSM,OTC:MSMMF) (OTCQB: MSMMF) (FSE: E9Z) (the “Company” or “Metalsource”) is pleased to announce the engagement of several strategic consulting, communications, shareholder awareness and market outreach partners as the Company continues advancing the Silver Hill Project in North Carolina, widely recognized as America’s first silver mine.The Company has assembled a group of experienced consultants and market awareness providers to support its ongoing efforts to broaden awareness of the Silver Hill story, strengthen shareholder communications, expand market visibility, and effectively communicate the Company’s…