There’s been an ongoing general diversification away from US assets, especially by global central banks, according to Ray Dalio, the founder of hedge fund firm Bridgewater Associates. “When you look at gold being up 67%, it’s not a precious metal that goes up 60%,” Dalio told Bloomberg Television’s Francine Lacqua in Davos on Thursday. “It was bought by central banks particularly, but others, and in order to diversify fiat currencies, not just dollars.” Most Read from Bloomberg Weighing in on global te ...

If OpenAI's internal drama were a Netflix series, CNBC's Jim Cramer says, it would be a binge-worthy mix of tension, comedy and cliffhangers — and Wall Street would be glued to every episode.On Tuesday, Cramer seized on reporting that CEO Sam Altman recently declared a "code red" inside the company that suggests OpenAI fears Google's Gemini 3 may be catching up fast in user traction. Cramer said the comparison isn't about which model answers questions better, as both can be wrong, but about distribution and ...