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Blackstone Boosts Stake In AI Startup Anthropic To About $1 billion, Source Says
Blackstone is increasing its investment in the Claude chatbot maker Anthropic, raising its stake to about $1 billion at a valuation of roughly $350B.
Wealth Manager Stocks Sink As Traders Flee Next AI Casualty
An artificial intelligence tool aimed at creating tax strategies sparked a selloff in wealth-management stocks Tuesday.
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Cathie Wood's ARKK Tests Pandemic Low as Market Sell-Off Batters Fund
A meltdown across equity and cryptocurrency markets has dragged the flagship ETF for Cathie Wood's ARK Invest closer to pandemic-era lows.
S&P 500 is Already Pricing in a Recession and Bear Market
Wharton professor Jeremy Siegel is one of the best stock watchers alive. He says the S&P 500 is already pricing in a recession and bear market.
JPMorgan Converts Enhanced Equity Fund Into ETF
JIRE seeks to outperform the MSCI Europe, Australasia, Far East (EAFE) Index over time while maintaining similar risk characteristics.
The Myth of Passive Index Funds and the Case for Evidence Based Active Management
Sanjeev Bhojraj, Ph.D and Matt Magari, MBA, believe blind adherence to passive management has the potential to be very costly for investors.