hedging

Investors haven’t lost their appetite for risk in that new world—the AI-crazed stock market is at records—but instead are hedging their bets with investments not denominated in weakening dollars.

When it comes to hedging bets, OpenAI just placed a big one of its own.

The same is true of purchases in China, the world’s biggest market, where consumers are hedging a property market collapse with gold bullion.

Studios that once ran on instinct and big personalities now operate more like data-driven conglomerates, reshuffling execs and hedging bets in a fractured, streaming-dominated market.

It is a conservative estimate, too, because it does not include various fees to banks, financial advisers and other financing costs, including currency hedging.