Tech & AI News - Page 6 of 6

Polymarket Announces Palantir Partnership for ‘Advanced Analytics’ in Prediction Markets

Thomas ShelterMarch 11, 2026March 10, 202605 mins

Prediction market operator Polymarket has entered a partnership with analytics technology provider Palantir Technologies to develop monitoring systems designed to track trading activity across sports-related prediction markets. The collaboration aims to deploy advanced analytical tools capable of identifying irregular market movements and suspicious trading patterns as the prediction platform expands its presence in event-based markets….

Blackstone President Gray Responds as Investors Withdraw Billions, Private Credit Scrutiny Intensifies

Thomas ShelterMarch 8, 2026March 8, 202606 mins

Blackstone faced renewed scrutiny this week after investors withdrew nearly eight percent from its flagship private credit vehicle, triggering a sharp market reaction and raising broader questions about stability within the fast-growing private lending sector. The asset management giant disclosed in a regulatory filing that investors were allowed to redeem 7.9% of the Blackstone Private…

JPMorgan Chase CEO Jamie Dimon Highlights AI Redeployment And Ethical Risks

Thomas ShelterFebruary 27, 2026February 27, 202604 mins

Jamie Dimon, CEO of JPMorgan Chase, spoke at an investor meeting on Monday about the bank’s plans to redeploy staff as artificial intelligence reshapes roles, while urging society to prepare for broader economic consequences. Dimon explained that the bank is implementing significant internal measures to shift employees into new positions, ensuring displaced staff from automation…

Aramco Faces Liquidity Shift As Merrill Lynch Halts Market-Making, Oil Rebounds

Thomas ShelterFebruary 7, 2026February 26, 202604 mins

Merrill Lynch Kingdom of Saudi Arabia is set to halt its market-making activities for Saudi Arabian Oil Co from February 8, following approval from the Saudi Exchange. The exchange confirmed the decision in a formal notice, marking a notable shift in trading dynamics for one of the region’s most closely watched stocks. Why Market-Making Matters…

NatWest Nears Multi-Billion Pound Deal For Evelyn Partners Amid Strategic Expansion

Thomas ShelterFebruary 7, 2026February 26, 202604 mins

British bank NatWest Group is closing in on a takeover of one of the UK’s largest wealth managers, with a deal for Evelyn Partners reportedly nearing the final stages. The proposed acquisition is expected to value Evelyn at around £2.5 billion, with market sources suggesting an announcement could arrive in the coming days if talks…

Oracle Shares Drop As $50bn Fundraising And Layoff Talk Rattle Investors Amid AI Demand Surge

Thomas ShelterFebruary 2, 2026February 7, 202604 mins

Shares of Oracle fell around three percent in premarket trading after the company unveiled plans to raise up to $50 billion while analysts flagged potential large-scale workforce reductions. The technology giant said it intends to generate between $45 billion and $50 billion in gross cash proceeds during 2026 to expand data center capacity for contracted…

Goldman Sachs Surpasses Q4 Profit Expectations With $14.01 EPS, Beating Estimates

Thomas ShelterJanuary 20, 2026February 7, 202603 mins

Goldman Sachs reported fourth-quarter profit that exceeded expectations, driven by strong equities trading and asset and wealth management. The bank announced earnings of $14.01 per share, compared with a $11.67 per share estimate from LSEG analysts. Revenue reached $13.45 billion, slightly below the $13.79 billion forecast. Profit rose 12% from a year earlier to $4.62…

Bombardier Global 7500: Price, Range, and Key Specifications

Thomas ShelterDecember 12, 2025February 7, 2026010 mins

The Bombardier Global 7500 has a market price of around $73 million, with a range of up to 7,700 nautical miles (14,260 kilometers). The Bombardier Global 7500 is one of the most advanced long-range business jets in the world, known for its combination of luxury, performance, and cutting-edge technology. Since its introduction, the aircraft has…

Treasury Secretary Scott Bessent Says No Restrictions Planned for Children’s New “Trump Accounts”

Thomas ShelterDecember 8, 2025February 7, 202605 mins

Treasury Secretary Scott Bessent has confirmed that children who qualify for the newly created “Trump accounts” will have full control over how the funds are used once they turn 18. Speaking on CBS News’s “Face the Nation,” Bessent described the program as a generational investment mechanism designed to give every child a stake in America’s…