Traders pile into 'bubble puts' on CoreWeave as neocloud stocks plunge
A key corner of the artificial intelligence trade is taking a beating on Wednesday and traders are betting it could get even worse.
Monday, 2 November 2026
Independent coverage of global markets, trade and finance
A key corner of the artificial intelligence trade is taking a beating on Wednesday and traders are betting it could get even worse.
Abdulrahman Alfozan, the Saudi national charged with secretly installing a recording device in an executive conference room at OpenAI, had booked a one-way ticket from San Francisco to Saudi Arabia with his wife and a t…
Dell shares plummeted 11% on Wednesday and dragged down other data center equipment names on mounting concerns that enterprise spending on artificial intelligence won't justify the AI buildout.
CoreWeave’s bonds issued a few months ago fell to 81 cents on the dollar earlier Wednesday, yielding more than 15%.
The Stock Trading on Congressional Knowledge Act requires U.S. Senators and U.S. Representatives to publicly file and disclose any financial transaction within 45 days of its occurrence. We download those disclosures, p…
Eight states filed lawsuits against OpenAI on Wednesday alleging that the artificial intelligence company's ChatGPT chatbot is an unsafe product that's harmed children and deceived parents.
From a record high to a 10% drop in just two months: Why small-cap stocks have unraveled so fast Buckle up: Small-cap stocks just hit a market milestone they’d rather avoid. Read at source
CoreWeave's stock and bonds were both hit on Wednesday as investor fear grew that some technology companies are borrowing too heavily for the artificial intelligence build-out.
An attorney for Lisa Cook voiced strong doubts that President Donald Trump's committee investigating mortgage fraud allegations against the Federal Reserve governor would be fair and objective.
The COLA is aimed at helping about 68 million beneficiaries keep pace with inflation.
Local opposition to data center construction has been a feature of the midterm elections set for Tuesday, Nov. 3.
New Treasury Department findings may lend weight to President Donald Trump’s long-running grievance that major banks have discriminated against conservatives.
Tomorrow’s U.S. CPI report is the next big test for the markets. Will inflation remain concentrated in energy, or will the data show price pressures spreading more broadly? That question took on added importance after S…
Fannie Mae just put out its latest forecast for mortgage rates, and they are much higher than previous estimates.
U.S. consumers are in the midst of one of the longest stretches of elevated inflation of the past century. Some are beginning to act like it's a new normal, raising alarm bells for members of the Federal Reserve.
Consumer inflation just came in hot. Thursday will provide more clues on the impact of record diesel prices ahead of the midterm elections.
We expect these highly rated exchange-traded funds with big yields to outperform over the long term.
The inflation rate increased in September on the back of higher gasoline and energy prices amid the Iran war, further squeezing households' budgets and perhaps putting pressure on the Federal Reserve to raise interest r…
Third-quarter earnings growth is expected to be driven by energy and semiconductor companies, but what if the rest of the market shows up? HSBC envisages a stock market finally broadening out.
Mortgage rates moved to the highest level in nearly three years last week, causing overall demand to drop. Riskier mortgages, however, continue to gain a growing share of what demand there is.
Bank of America posted a sharp decline to third-quarter profit after being hit with a $1.2 billion penalty by the U.S. Treasury Department.
The truth about being a landlord in retirement Investing in rental property isn’t easy or ‘passive’ Read at source
In today’s Finshots, we talk about the falling markets and what ‘buying the dip’ really means.
The S&P 500 Index ($SPX ) (SPY ) closed down by -0.02% on Tuesday, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed down by -0.35%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -0.31%. December E-mini S&P…