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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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Donald Trump's Likely Choices To Run The SEC Include A Robinhood Exec And 'CryptoDad'
If Donald Trump wins this year’s presidential election, he will quickly have to begin the transition into power and put together a team to lead.
Merrill Lynch Closes Quarter 3 With $3.5 Trillion In Client Assets
Merrill Lynch concluded Q3 with $3.5 trillion in client assets, marking an 18% increase from the same period in 2023.
Bank Of America Joins Rivals In Topping Q3 Estimates
Bank of America (BAC) reported third-quarter results above analysts' estimates Tuesday morning, as revenue rose year-over-year and profit fell.
Goldman Profits Surge 45% As Dealmaking Stages Comeback
Goldman Sachs (GS) third-quarter profits surged 45% from a year ago as a rise in dealmaking and stock trading lifted the Wall Street giant.