JPMorgan’s picks outside the U.S.

JPMorgan’s picks outside the U.S.

Erratic policy decisions, bubbling geopolitical tensions and concerns about the Federal Reserve’s independence have left some investors pivoting away from U.S. assets over the past year — and JPMorgan is among them. In a wide-ranging Monday note, equity strategists at the investment bank said they remained long emerging markets versus developed markets, and that within…

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Led by Texas, New Hampshire, states race add bitcoin to public finance

Led by Texas, New Hampshire, states race add bitcoin to public finance

Led by Texas and New Hampshire, U.S. states across the national map, both red and blue in political stripes, are developing bitcoin strategic reserves and bringing cryptocurrencies onto their books through additional state finance and budgeting measures.  Texas recently became the first state to purchase bitcoin after a legislative effort that began in 2024, but…

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Ackman wants to form a mini Berkshire. But there’s one secret ingredient

Ackman wants to form a mini Berkshire. But there’s one secret ingredient

Billionaire investor Bill Ackman just took a step closer to building a conglomerate modeled on Warren Buffett’s Berkshire Hathaway , but the success of that ambition may come down to a deceptively simple ingredient, according to analysts at Piper Sandler. Ackman this week filed to list his hedge fund holding company Pershing Square Capital Management…

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Amazon acquires ‘approachable’ humanoid maker Fauna Robotics

Amazon acquires ‘approachable’ humanoid maker Fauna Robotics

Rob Cochran and Sprout. Courtesy: Fauna Robotics Amazon has acquired Fauna Robotics, a startup that builds “approachable” humanoid robots for consumers and businesses, the company confirmed Tuesday. Terms of the deal weren’t disclosed. “We are excited about Fauna’s vision to build capable, safe, and fun robots for everyone,” an Amazon spokesperson told CNBC in a statement. “Together…

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