GeoWealth Secures Growth Investment Round Led by BlackRock
GeoWealth, a proprietary technology and turnkey asset management platform (TAMP), has closed a $18 million growth investment led by BlackRock (NYSE: BLK). GeoWealth will use the funding to support the continued development of offerings that enable advisors to meet client demand for access to an increasingly broad range of asset types in a unified account. Kayne Anderson Growth Capital, the dedicated growth capital strategy of Kayne Anderson, which led GeoWealth’s Series B funding in 2021, participated in the round, as did J.P.
Tesla Analyst Nearly Crashes While Using ‘Full Self-Driving’
William Stein, a Truist Securities analyst with a hold rating on Tesla’s stock, narrowly avoided a crash while using the Full Self Driving.
Morgan Stanley Says Glum Profit View To Dent Economy-Tied Stocks
A dimmer outlook for US corporate earnings is likely to hurt stocks that are tied to the economy as investors worry about falling inflation.
Why The Tech Stock Selloff Isn't Over Yet: Wall Street Strategists
The tech rout is far from over.
Temporary Block Of the Department Of Labor's Fiduciary Rule
A federal judge temporarily blocks the Department of Labor’s fiduciary rule, finding that the latest regulation doesn’t resolve the same legal issues.