Top Story
Hedge funds post worst week since 2024 as Goldman flags $65 billion CTA overhang
Systematic funds lost 2% in a week in which the S&P 500 slipped less than half a point, as money rotated out of the AI names they own most.
Big Tech Stocks
Nvidia to invest $3 billion in Meta share sale
The chipmaker is buying into a customer that aims to raise as much as $97.5 billion for artificial intelligence, in a deal that...
Big Tech Stocks
Microsoft offers voluntary buyouts to 60,000 staff as AI costs climb
The offer covers 27% of the group’s 223,000 employees, in the UK, the US, Canada and India.
Big Tech Stocks
Meta seeks up to $95 billion from shareholders to fund AI buildout
The raise follows Meta’s first negative free cash flow in more than a decade, with Nvidia, AMD and Broadcom signaling interest...
AI & Tech
Big Tech Stocks
Nvidia to invest $3 billion in Meta share sale
The chipmaker is buying into a customer that aims to raise as much as $97.5 billion for artificial intelligence, in a deal that has split Wall...
Big Tech Stocks
Microsoft offers voluntary buyouts to 60,000 staff as AI costs climb
The offer covers 27% of the group’s 223,000 employees, in the UK, the US, Canada and India.
Big Tech Stocks
Meta seeks up to $95 billion from shareholders to fund AI buildout
The raise follows Meta’s first negative free cash flow in more than a decade, with Nvidia, AMD and Broadcom signaling interest in buying up to...
Economy & World
Economy & World
Italy’s lowest declared income, EUR 7,959, is on the Swiss border
Ministry of Economy figures for 2024 put Milan above EUR 40,000 and Calabria at EUR 18,474, but the bottom of the table is filled with...
Energy Geopolitics
In Italy, diesel now costs more than gasoline in 5,101 of Italy’s 5,118 municipalities
A tax realignment at home and a refining bottleneck abroad have flipped the math that made diesel Europe’s default fuel, and Italian pump...
Fed & Central Banks
US inflation runs hot but Treasury yields fall: El-Erian on the paradox unsettling markets
In his weekly bulletin, economist Mohamed El-Erian flags an anomaly: three hotter-than-expected US inflation readings failed to lift Treasury...
Lifestyle Money
Luxury
Kering stock sinks 14% as Gucci drags down the third quarter: Barclays maps the best and worst case
A wave of target-price cuts followed Kering’s third-quarter results, with Barclays sketching a bull case at €310 a share and a bear case at €110.
Luxury
LVMH disappoints in the third quarter: China slows again and the stock slides after a difficult 2026
Third-quarter revenue grew just 1% organically, against a luxury sector expected to run closer to 5%, as Fashion & Leather Goods — the...
Pop Economics
Britain’s least reliable cars of 2026, according to a major owner survey
The What Car? annual reliability survey has ranked the best and worst cars on British roads, and three German models and one French model sit...
Markets
Stocks
Hedge funds post worst week since 2024 as Goldman flags $65 billion CTA overhang
Systematic funds lost 2% in a week in which the S&P 500 slipped less than half a point, as money rotated out of the AI names they own most.
IPOs & Earnings
Anthropic files for Nasdaq IPO with $80.7 billion half-year loss
The company behind Claude plans to list under the ticker ANT in the week before Thanksgiving.
Bonds & Rates
Société Generale 9% cumulative callable bond trades near 95
The 90% maxi coupon at 2036 maturity is paid only if the 10-year BTP yield sits at or below 6%, and nothing is paid if it does not