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Microsoft CFO says OpenAI investment will cut into profit this quarter
Microsoft has invested over $13 billion in OpenAI, a bet that's weighing on the company's profitability.Business - CNBC - October 31 -
BNP Paribas Investment Bank Growth Offsets Retail Weakness
BNP Paribas reported a rise in third-quarter earnings that was in line with market expectations, as growth in its investment bank offset softness in its domestic retail business.Business - The Wall Street Journal - October 31 -
Morgan Stanley is launching an investing index tied to sports leagues
Sports have proven to be an attractive and growing asset class as valuations have skyrocketed over the past decade.Business - CNBC - October 31 -
John McQuown, Who Pioneered Index Funds and Transformed Investing, Dies at 90
The Illinois native jumped from family farm to mechanical engineering and then led a ‘Manhattan Project’ of finance.World - The Wall Street Journal - October 31 -
Amazon reports boost in quarterly profits, exceeds revenue estimates as it invests in AI
Amazon reported a boost in its quarterly profits Thursday and exceeded revenue estimatesTech - ABC News - October 31 -
Arizona counties invest millions to reassure voters of election security
The ballot boxes in Arizona's Pinal County are equipped with GPS tracking devices, something officials say can assure the public all election equipment is protected.Top stories - CBS News - October 31 -
US investment group Ares on course to raise more than $80bn
Credit-focused fund enjoys fastest pace of fundraising as high yields draw investors to private marketsBusiness - Financial Times - November 1 -
These tips for investing in mutual funds and ETFs can inflation-proof your portfolio
Prepare for the possibility of higher interest rates.Business - MarketWatch - November 1 -
Democrats invest in American voters abroad hoping to make the difference
The votes of overseas Americans could make the difference in tight U.S. elections, and are being courted by Democrats and Republicans alike.Top stories - NBC News - November 1 -
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Mubadala and KKR among groups that have held talks with UK data firm 9fin
Investment valuing market information provider at about $500mn would be the sector’s latest high-profile dealBusiness - Financial Times - November 1 -
This Electric Aircraft-Maker Just Landed a $318 Million Investment
Beta Technologies’s Series C funding comes just a month after a $20 million investment to build out charging infrastructure across the country.Business - Inc. - November 1
