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Tiger Global launches new fund as it takes more disciplined approach
Tiger Global Management announced Monday the launch of its latest venture capital fund, Private Investment Partners 17, targeting a raise between about $2 billion and $3 billion, according to a letter to investors viewed by CNBC. The hedge fund wrote that it’s expecting PIP 17 to be similar in “strategy, size and construction” to its…
Little known semiconductor packaging, testing stock poised to gain
Amkor Technology isn’t a household name, but it’s poised to become a big winner as artificial intelligence spreads. Shares of the semiconductor packaging and testing provider have jumped 47% just since the start of the year, and have almost quadrupled over the past 12 months. The S & P 500 is little changed and up…
Victor Perez Shoots 9-Under 62 in Round 1 for First LIV Golf Lead in Mexico City
Victor Perez expected an adjustment period to start his first season on LIV Golf. New courses to learn. Music during rounds. Increased energy and enthusiasm from a younger gallery. Night golf in Riyadh. Record crowds in Adelaide and South Africa. In Thursday’s opening round at LIV Golf Mexico City, the 33-year-old Frenchman showed he’s getting…
Projecting the USA’s World Cup Roster And Starters For Opening Match
As much as modern World Cup squads are typically constructed using a forensic examination of data points collected over a four-year cycle combined with the gut feelings of experienced national team coaches and their staffs, the United States’ roster for the 2026 FIFA World Cup was always going to be different. USA boss Mauricio Pochettino…
Nvidia backs AI company Vast Data at $30 billion valuation
Vast Data announced a $1 billion funding round at a $30 billion valuation on Wednesday, with Nvidia among those backing the AI company. Founded in 2016, Vast makes software infrastructure for managing large amounts of data, with a focus on AI applications. The company says it supports projects powering millions of GPUs. Customers include CoreWeave,…
Market indicator turns bullish for Apple just before earnings
Apple reports fiscal second-quarter earnings Thursday after the bell, and something unusual is happening in its options market. One measure of downside risk has fallen precipitously in the past five weeks as traders turn bullish and it has done so heading directly into the earnings print. Traders are ready for fireworks. Apple’s average one-day move…
Ex-Meta employee whistleblower suit alleged security flaws WhatsApp
Thomas Fuller | SOPA Images | Lightrocket | Getty Images An ex-Meta employee sued the social media company on Monday over allegations that its WhatsApp messaging service contained “systemic cybersecurity failures” that potentially compromise user privacy. Attaullah Baig, WhatsApp’s former head of security, alleged that Meta retaliated against him after he notified leaders, including CEO…
CFP Bad Beat: Late James Madison TD Dooms Oregon Spread Backers
Bettors who backed Oregon -20.5 saw their tickets flip on the final possession of Saturday night’s game against James Madison, turning a nearly guaranteed win into a last-minute loss. The Ducks dominated from the jump, jumping out to 27-3 lead with over nine minutes left in the second quarter. After forcing a punt on the…
Iran war disrupts oil prices; consumers may be ‘hammered’: economist
In February, Americans were feeling pretty good about their financial standing. But that was before the Iran war, which is threatening to upend household budgets. A New York Federal Reserve survey released Monday found that consumers expected inflation to be lower in the year ahead, and households, overall, said they were better off than a year ago. The New York…