Stocks Rise as CoreWeave, Super Micro Boost AI Trade

A stock just surged on news Situational Awareness had bought it. But its current fate is unclear.

JPY/USD: Why Yen Intervention by Japan and US Has Limited Impact

Hedge funds upped short AI bets in July, Hazeltree says

Hedge funds upped short AI bets in July, Hazeltree says LONDON, Aug 12 : Hedge funds upped short bets on AI-related stocks in July, according to a Wednesday report from data platform Hazeltree, part of a broad shift in the month that saw chipmaker shares tumble around the world Here are some details about hedge fund positioning in July: • Hedge funds increased short positions — bets that a price will fall — in chipmaker Super Micro Computer , as well as AI infrastructure firms Coreweave and...

Dollar ticks up on Iran tensions, with US data in focus

Dollar ticks up on Iran tensions, with US data in focus Aug 12 : The U.S. dollar ticked higher on Wednesday, underpinned by renewed Gulf tensions, with markets focused on upcoming U.S. economic data for signals on the Fed's policy trajectory. Oil prices edged up after the United States and Yemen's Iran-aligned Houthis reported separate attacks on shipping on Tuesday, with Tehran saying the Strait of Hormuz would remain closed unless Washington accepts its conditions.