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Schroders Agrees $13.5 Billion Sale To Nuveen As Family Sells Out
Britain's Schroders (SDR.L), opens new tab is being taken over by U.S. asset manager Nuveen for 9.9 billion pounds ($13.5 billion).
The AI-Fueled Software Meltdown Is Overblown
The software sector has taken a massive beating on Wall Street over the past few months on fears that AI is destined to roll over the segment.
Recent
Shorts Are Circling Some Of The AI Boom’s Biggest Question Marks
A transformative technology juices a few companies, a bunch of more questionable outfits follow in their wake, and Wall Street buys it all.
HP Confirms It Will Pursue Mike Lynch’s Grieving Family For $4 Billion
Hewlett Packard has confirmed it will continue to pursue Mike Lynch’s family for up to $4 billion as it seeks to conclude a 13-year legal battle.
Hedge Funds Bet Against Banks, Insurance and Property, Says Goldman Sachs
Hedge funds continued to take bets against bank and financial stocks Goldman Sachs wrote in a note seen by Reuters.
Harris's Proposed Unrealized Capital Gains Tax is Unlikely to Pass: CIO
Unrealized capital gains tax proposals may be floating back into the zeitgeist as the Harris presidential campaign marches on.