The remarks show how a technology welcomed by corporations as a productivity boon can also pose serious threats, like uncovering new ways to hack into systems.
David Einhorn signals caution as his hedge fund Greenlight prioritizes capital protection
“It probably won’t surprise anyone that we are again putting capital preservation at the top of our priorities,” Einhorn said in his latest investor letter.
CEOs are betting AI will augment work rather than displace all workers
Panelists at the Semafor World Economy conference said artificial intelligence can supplement the work that’s already done, improving its quantity and quality.
Inside Blackstone private wealth
CNBC’s Robert Frank reports the latest on Blackstone.
Global recession is inevitable if Strait of Hormuz stays shut, says Citadel’s Ken Griffin
A prolonged blockage of the Strait of Hormuz for the next six to 12 months will mean an unavoidable recession, the billionaire investor said.
Blackstone’s Joan Solotar says investors should separate ‘signal from the noise’ in private credit
Joan Solotar, global head of Blackstone Private Wealth, said the capital flight from private credit isn’t justified by the likely returns and potential losses.
Investor survey shows most bearishness in 11 months. So the contrarian call is to buy
The latest Global Fund Manager Survey from Bank of America shows sentiment fell to its most bearish reading since June 2025.
Wholesale prices rose 0.5% in March, much less than expected despite war impact
The producer price index was expected to increase 1.1% in March, according to the Dow Jones consensus estimate.
Treasury Secretary Bessent now says it’s OK for the Fed to wait to lower rates amid oil surge
Bessent has previously said the Fed should hasten cutting interest rates, calling reductions “the only ingredient missing” for stronger economic growth.
Inside Alts: Blackstone Private Wealth’s Joan Solotar on changing private market landscape
CNBC Wealth Editor Robert Frank speaks exclusively with Blackstone Private Wealth’s global head Joan Solotar about private credit concerns and Blackstone’s growth and market opportunities.