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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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Evercore's Roger Altman Applauds Fed's 'Nearly Perfect' Economic Conditions
In a Monday-morning interview on CNBC, Evercore founder Roger Altman lauded the Federal Reserve for creating "nearly perfect" economic conditions.
Hedge funds Snap Up US Tech Stocks Amid Falling Rates, Says Goldman Sachs
Hedge funds bought US tech and media stocks at the fastest pace in four months last week, said a Goldman Sachs prime brokerage note to clients.
Mark Cuban Speaks Out On Trump's Crypto Vision
Mark Cuban, the renowned billionaire entrepreneur, recently shared his perspective on cryptocurrency.
Morgan Stanley’s Wilson Says Take Profits on Defensive Stocks
Investors should lock in gains on US defensive stocks as their recent outperformance has left valuations looking pricey, according to Morgan Stanley.