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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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Hedge Funds Chasing ESG Billions Get Help From Researchers
Hedge funds eager to prove that short-selling is a legitimate ESG strategy just got some fresh material to back their case.
Crypto-Related Stocks Plunge as Bitcoin Falls Below $24,000
Crypto-related stocks cratered early Monday as a broader sell-off in Bitcoin (BTC-USD), Ethereum (ETH-USD) and other cryptocurrencies accelerated.
Key Signal Shows It’s Time to Worry About Junk Bonds
The chasm -- now at the widest since May 2020 -- underscores anxiety among investors as fears of recession in Europe and the US mount.
Traders Pounce on Recession Hedges at Fastest Pace Since 2020
Money managers around the globe are pouncing on market hedges that pay off in a recession at the fastest pace since the dark days of the pandemic.