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Articles from our Weekly Newsletters

US Stocks Rally With Boost From Microsoft’s Surge; Chips Jump

US stocks rose at the open on Thursday as Microsoft Corp. soared 16% after reporting the fastest cloud unit growth in four years. Top semiconductor companies, like Micron Technology Inc. and Nvidia Corp., gained as well.

Should European Banks Be Crashing the Hedge Fund Party?

Europe’s big banks have joined the global stock trading party. Danger lurks, however: When the market turns, it is often brutal.

Zuckerberg Finally Has a Dystopian-But-Lucrative AI Plan

The conventional wisdom in tech is that it’s better to overspend than miss out on a blockbuster hit. Of course, Big Tech’s investors hate when their companies overdo it.

America Is Undergoing a Massive Debt-for-Equity Swap

The arithmetic of doom on America’s debt and budget shortfalls has been a favorite parlor game for fiscal conservatives since 1971, when Richard Nixon removed the last constraint on federal borrowing by ending the dollar’s convertibility to gold.

On AI Bubbles & Keeping Clients Invested Without Ignoring Risk

Clients do not need us to predict whether the next 10% move is up or down. They need help staying invested in a way that matches their goals, their time horizon, and their actual tolerance for risk. Staying invested is easier when clients understand what each part of the portfolio is designed to do.

AI's Real Promise for Wealth Management Is Closing the Advice Gap

Investors overwhelmingly recognize the value of financial planning, but a substantial planning gap remains. The desire for guidance is there. Access remains the challenge.

Finding Solutions When Leaders & Teams Diverge on Priorities

The combination of succession planning — where the lead advisor wants to have a successful and well-funded retirement and the successors want to get paid for taking over — along with the riches of the market over the last few years are all adding up to significant unrest within many teams.

BlackRock Sets Out for Private Credit Glory After Year of Upheaval

At the party, hosted on a hot day last July at HPS business development head John Christmas’ New Jersey beach house, bandana-clad colleagues across his teams mingled poolside with the wind at their backs. With the addition of HPS, one of the biggest names in private credit, it seemed BlackRock was set to break through in the market in a way that had eluded the asset manager for years.

Wall Street Races to Sell SpaceX-Linked Products as Stock Sinks

Wall Street is racing to roll out complex investment products tied to SpaceX shares that aim to shield buyers from future losses amid a sharp selloff following its market debut.

TD Warns Dollar Set to Drop as Market Misprices Fed Rate Risk

The US dollar will weaken if the Federal Reserve leaves interest rates unchanged this week, according to TD Securities.

Wall Street Banks Eyed as Overlooked Beneficiaries of AI Trade

One of this year’s hottest themes in the stock market has been the crowds of traders chasing the recipients of all the planned spending on new artificial-intelligence data centers.

State Capitalism Is Back in Fashion. That’s Not Good

Politicians all over the world are showing renewed enthusiasm for public ownership of private companies. The methods range from modest government stakes to outright nationalization, but the trend is apparent.

Advisor Roundtable: Navigating the Complexities of Equity Compensation

As equity compensation becomes a larger component of employee wealth, financial advisors are helping clients navigate the complexities of stock options, RSUs (restricted stock units), and ESPPs (employee stock purchase plans). Here, three financial advisors discuss how to balance the upside potential of equity awards with tax planning, concentration risk, diversification, and strategic exercise decisions.

Is Your Team Ready for the Growing Shift to Financial Planning?

In the coming years, more investors will expect financial planning to be a key part of the services they receive from advisors. To be prepared, advisors will need technology to help streamline added workflows, as well as the expertise of certified financial planners to support their clients long term.

BlackRock Dodges AI Bond-Trading Flop After Offering Junk Yields

BlackRock Inc.’s $12.55 billion bond sale tied to a Meta Platforms Inc. data center rallied in early trading on Monday in a sign that relatively high yields on the debt ultimately attracted investors.