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Software Stocks Jump As Wall Street Pushes Back On 'Doomsday Scenario' For Industry
Software stocks mostly rebounded on Monday as Wall Street analysts pushed back against growing investor fears.
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.
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Hedge Fund Basis Trade Faces Scrutiny as Regulators Mull Probe
Hedge funds’ record bet on US Treasuries facing fresh scrutiny as world’s most powerful financial watchdog mulls deep dive into money-spinning trade.
JPMorgan Chase Agrees to Pay Over $151mn in Combined Penalties
Two divisions of JPMorgan Chase agreed to pay over $151mn in combined penalties to resolve regulatory charges of misconduct.