Tag: Loeb, Daniel S

Sam Altman’s Ouster at OpenAI Scrambles the A.I. Power Dynamic

Big Tech is reeling from the ouster of Sam Altman at a leading A.I. start-up and his subsequent jump to Microsoft, moves that reset the power dynamic underpinning the sector.

Markets Expect Fed to Raise Rates Despite Bank Turmoil

A ‘shock pause’ by the central bank would spook an already jittery market, one analyst said, even as shares in regional lenders fall.