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MFS Creditors Warn of £930 Million Shortfall From Double Pledges - Bloomberg.com
Some creditors of Market Financial Solutions Ltd., the failed UK mortgage firm backed by Wall Street lenders, warned there may be a £930 million ($1.3 billion) shortfall in collateral backing their loans.
Jack Dorsey lays off 40% of Block because of AI and sees most firms making similar cuts in next year - Fortune
The former Twitter CEO said AI was “enabling a new way of working” as his company scales back its workforce as a result of AI productivity gains.
Stock Market Today: Dow Sinks On Hot Inflation; CoreWeave, Rocket Lab Plunge (Live Coverage) - Investor's Business Daily
Stock Market Today: The Dow Jones index drops Friday after hot inflation data. Nvidia partner CoreWeave plunges after its quarterly report.
US wholesale prices arrive hotter than expected, up 0.5% from December and 2.9% from a year ago - AP News
U.S. wholesale prices came in hotter than expected last month. The Labor Department reported Friday that its producer price index, which measures inflation before it hits consumers, rose 0.5% from December and 2.9% from January 2025. Economists had forecast a…
Nvidia CEO delivers blunt 7-word rebuttal on software stocks - thestreet.com
The man who built the AI boom says investors are misreading software stocks.
Here’s Why CoreWeave (CRWV) Is Dragging Down Nebius and Iren After Its Mixed Q4 - TipRanks
AI cloud company CoreWeave’s ($CRWV) shares plunged over 21% on Friday afternoon, pulling down peers Nebius ($NBIS) and Iren ($IREN) following the release of its mixed fourth-quarter earnings. The results