CrowdStrike Outage Nets Short Sellers $978 Million Windfall
Short sellers piling into bets against CrowdStrike Holdings Inc. have been rewarded after a botched software update sparked a global outage.
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JPMorgan's Investment Strategy Chair Accurately Predicted Biden's Departure
Michael Cembalest, JPMorgan Asset Mgmt's market and investment strategy chair, accurately predicted Pres. Joe Biden's withdrawal from the 2024 race.
U.S. Wealth Management And Brokerage Firms Disrupted By Worldwide Outage
A worldwide IT outage has disrupted some functions at U.S. wealth management and brokerage firms, leaving investors unable to access their accounts.
Dalio’s Bridgewater Exit Terms Said To Delay Abu Dhabi Plans
An investment partnership between Ray Dalio’s family office and Abu Dhabi royal Sheikh Tahnoon bin Zayed Al Nahyan has been delayed.
Prominent Main Street Investment Firm Customers Drive Stock Prices Down
Some of the most prominent Main Street investment firms have experienced significant declines in their stock prices driven by their own customers.
Faulty CrowdStrike Update Causes Major Global IT Outage, Taking Out Banks, Airlines And Businesses Globally
Businesses across the world are reporting IT outages in what has already become one of the most widespread IT disruptions in recent years.
Former Goldman, Blackstone Analyst Gets 28-Month Prison Sentence For Insider Trading
A former Goldman Sachs and Blackstone analyst was sentenced to 28 months in prison on Wednesday for insider trading.
