Stocks to play the China trade until the latest stimulus package kicks in

China’s surging stock market after the government outlined plans to boost the economy has suddenly tipped hedge funds and strategists to what would have recently been seen as one of the most contrarian trades around. The CSI 300, an index of stocks traded in...

Treasurys on the blockchain: How a new deal could reshape the ETF industry

Blockchain technology and tokenization could challenge the traditional ETF model.Janus Henderson said recently that it’s partnering with Anemoy Limited and Centrifuge to create Anemoy’s Liquid Treasury Fund (LTF), an on-chain technology-based fund that...

Stocks making the biggest moves midday: Wynn Resorts, Rocket Lab USA, Cassava Sciences and more

Check out the companies making headlines in midday trading: Bristol-Myers Squibb — The drug maker jumped 1.6% after the U.S. Food and Drug Administration approved a highly anticipated schizophrenia drug , the first novel type of treatment for the chronic mental...

OpenAI CFO tells investors funding round should close by next week despite executive departures

OpenAI’s Sora AI tool allows users to create AI-generated videos from text-based inputs.Costfoto | Nurphoto | Getty ImagesOpenAI CFO Sarah Friar is looking to reassure its investors that the richly valued artificial intelligence startup is still in a strong...

Why JPMorgan Chase is prepared to sue the U.S. government over Zelle scams

JPMorgan Chase CEO and Chairman Jamie Dimon gestures as he speaks during the U.S. Senate Banking, Housing and Urban Affairs Committee oversight hearing on Wall Street firms, on Capitol Hill in Washington, D.C., on Dec. 6, 2023.Evelyn Hockstein | ReutersBuried in a...