Citigroup has tapped Shobhit Varshney, a longtime IBM executive, as its new head of AI, the latest sign of how Wall Street is racing to bring artificial intelligence deeper into banking. Varshney comes from IBM, where he was the head of data and artificial intelligence for the technology pioneer's consulting business. At Citi, he will report to Anand Selva, the bank's chief operating officer; and will work closely with the firm's chief technology officer, David Griffiths, to scale AI across the company, ac ...

CoreWeave stock price jumped by 5% on Monday, mirroring the performance of the US equity market. CRWV rose to $93.35, up from this month's low of $84.65, while its short interest has risen to 15.6%, a... ...

Dubai, Sept. 09, 2025 (GLOBE NEWSWIRE) -- Vantage Drilling International Ltd. (the "Company") announces, further to the Conditional Letter of Award announced on 23 April 2025 and extended on 22 July 2025, the Company has entered into a contract for the drillship Platinum Explorer. Operations for the approximately 260-day campaign, inclusive of mobilisation and demobilisation time, are expected to commence in Q1-2026. In addition, the board of directors of the Company has established a Strategic Review Commi ...

I'm Ali Canal and you're taking a look at a live shot of the opening bells on Wall Street this Tuesday morning. Train Technologies ringing the bell at the New York Stock Exchange today. And over at the NASDAQ, CNBC is celebrating 30 years of squawk box with a special bell ringing of its own.this as traders await a revision to jobs numbers that could shape future Fed policy. Along with Apple's anticipated iPhone event, now opening bid is all about serving up investing analysis you need to know to unleash the ...

By Emily Chow and Marwa Rashad MILAN (Reuters) - Exxon Mobil expects strong growth in demand for liquefied natural gas (LNG) in China, driven by transport and marine sectors, and sees rising opportunities in new markets across Asia Pacific, Africa and Latin America, a senior company executive told Reuters on Tuesday. China, the world's largest LNG importer, signed deals on September 2 to boost gas supply through the existing Power of Siberia pipeline and to build the Power of Siberia 2, raising concerns ...

One of Big Tech's last remaining RTO holdouts is officially sending employees back to the office. Microsoft is mandating employees work from offices at least three days a week, according to an internal email the company sent to staff on Tuesday.The mandate will happen in three phases beginning on February 23, 2026 with Seattle-area employees who live within 50 miles of a Microsoft office. It will then expand to other US offices and eventually internationally, according to the email from Microsoft HR chief ...

Heads up, Prime sharers. Amazon is cracking down. Starting October 1st, the company is eliminating its Prime invite tee program.That's the one that lets people outside of your household piggyback on free shipping and Prime benefits. From now on, if you want those perks, you'll need your own membership. Amazon is offering a steep discount for that, just $14.99% for the year compared to the standard $139 price.There is one loophole called Amazon Family, but that only works for adults and teens living in the s ...

Varun Sikka, AlphaValue SAS Metals and Mining Analyst, says the Anglo-Teck deal that will create a more than $50B mining company is a win win for both firms' shareholders, with copper being a big focus area that aligns both firms' leadership team. He tells Open Interest the firms' value alignment is likely reflected in the rising shares today. ...

The Commodity Futures Trading Commission (CFTC) is weighing approval for foreign crypto exchanges to operate under U.S. regulatory frameworks, Acting Chairman Caroline D. Pham said on September 8 Speaking before the UK Parliament’s All-Party Parliamentary Group on Blockchain Technologies, Pham outlined a cross-border framework that could widen market access for American traders and bring offshore activity back under U.S. oversight. This came barely a week ago when the CFTC issued an advisory allowing for ...

Baby boomers are often viewed as the last generation to truly have a good financial situation handed to them. After all, according to multiple reports, those over 55 control 70% of the household wealth in the U.S. Up Next: 6 Best Side Hustles for Seniors To Offset Social Security Cuts For You: 25 Places To Buy a Home If You Want It To Gain Value However, the sad reality is that there are people of every age, including boomers, who find themselves without financial security, especially in retirement. While ...