by Bloomberg.com | Aug 6, 2024 | alerts, Markets/Economy
Company had replaced its CEO this year, restructured High rates and California subsidy changes have dragged sector After a drawn-out saga involving a restructuring and a management shakeup, one of the most prominent names in US solar, SunPower Corp., has now filed for...
by Bloomberg.com | Aug 6, 2024 | alerts, Markets/Economy
Abnormal Security Corp. raised $250 million in a funding round valuing the startup at $5.1 billion, highlighting investors’ appetite for AI companies trying to reinvent existing technology categories like security. San Francisco-based Abnormal uses AI to protect...
by Bloomberg.com | Aug 6, 2024 | alerts, Markets/Economy
Two-year yield dipped below 10-year for first time since 2022 Traders are pricing in risk of a cut before September meeting A major rally in the $27 trillion Treasury market is laying bare anxiety that the US economy is sliding into recession and the Federal Reserve...
by Bloomberg.com | Aug 5, 2024 | alerts, Markets/Economy
Losses in copper and crude underscore worries over growth Investors bail on profitable gold trades to cover other losses Commodities from copper and gold to crude oil tumbled, while paring back some of the losses, as global economic malaise dimmed the outlook for...
by Bloomberg.com | Aug 5, 2024 | alerts, Markets/Economy
Vol-control funds and CTAs sharply cut stock exposure High volatility may cause more selling from systematic players Systematic funds have offloaded more than $130 billion of global stock bets in recent weeks. Now these rules-based players threaten to take their...
