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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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Nobody Likes Index Funds, Except Investors
The two best mutual fund inventions are also the two fund innovations that have been most heavily criticized.
Passives' Perfect Fit
Custom indexing, heralded by many in investment industry, revolution for ETFs. Specialist investors give us take on development and how pivotal it is.
BlackRock Will Let More Index Fund Investors Vote Their Own Shares
BlackRock will let more index fund investors vote their own shares after Republican backlash against ‘woke’ ESG views.
If You Thought the Tech Rout Was Bad, Spare a Dime for Retailers
The MSCI World Retailing Index is on track for its first negative year since 2008. The gauge was down about 29% in 2022.