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Articles from our Weekly Newsletters

JPMorgan Hires Goldman Banker for Prepay Energy Bond Deals

JPMorgan Chase & Co.’s public finance department hired a Goldman Sachs Group Inc. banker to specialize in prepay energy deals, marking a major hire for the team as the firm ramps up its work in the sector.

VettaFi Acquires RAFI Indices: Bringing Institutional-Grade Research to Your Portfolio

VettaFi today announced it has signed a definitive agreement to acquire RAFI Indices, the renowned pioneer in fundamental indexing, from Research Affiliates.

An Anthropic-OpenAI Price War Would Be Brutal

Things change fast in artificial intelligence. One minute corporate desk jockeys are competing to use AI coding and reasoning tools as much as possible, the next their bosses are complaining about budgets being pulverized and start rationing usage.

SpaceX Valuation Is Cheap for Space Peers But Pricey as AI Stock

The jury is still out on whether SpaceX is primarily a rocket company, as its name suggests, or actually more of a telecom provider or artificial intelligence play. Its expected valuation doesn’t help resolve the confusion.

SpaceX IPO Will Mint Billions for a New Silicon Valley Hierarchy

The initial public offering for SpaceX is poised to generate billions of dollars in profits for the fortunate few investors who got in early on Elon Musk’s rocket, satellite and artificial intelligence company.

Private Credit Is Still a Hot Asset for Bond Investors Buying Debt

As shareholders rush to pull money from private credit funds over troubling questions about software exposure, opaque loan values and non-payments, some bond investors are doing the opposite: buying their debt.

Vanguard’s Malloy Says Muni Yields Bolster Second-Half Outlook

Attractive yields and strong credit fundamentals are setting the municipal bond market up for a solid second half of the year, said Paul Malloy, the head of municipals at The Vanguard Group Inc.

Direct Marketing That Works for Financial Advisors

The biggest problem I find is that advisors don’t have the time they need to focus on growth. Sending out a mass invite via LinkedIn is fast and easy, but it doesn’t mean it is the most effective action you can take.

How Advisors Can Unlock True Hyper-Personalization in Wealth Management

Advisors now understand that clients expect a truly personalized experience. Clients no longer accept generic advice; they demand bespoke strategies, tailored communication, and engagement aligned with their unique needs and life stages.

Google-Tied Prepaid Energy Bonds See Flood of Muni Trader Demand

Prepaid energy deals are complicated transactions that allow utilities to lock in cheaper prices over long periods of time. They involve a financial middleman that receives bond proceeds in exchange for making regular payments needed to procure the energy for the utility.

Qatar Mega-Fund’s Plans for Bigger Deals Push Dented by War

With a new boss at the helm and expectations of billions in surplus gas revenue, the Qatar Investment Authority spent the past year telegraphing a step-up in dealmaking. Iran’s attacks on the country’s energy infrastructure and Doha’s inability to ship products risk hampering that push.

Costs to Hedge the $9 Trillion S&P 500 Rally Jump Ahead of Fed

Sentiment in the US stock market has shifted quickly from fear of missing out to fear of getting wiped out.

Inflated ‘Private’ Ratings Are Masking Credit Risk, Columbia Study Says

Ratings that underpin a growing slice of the $1.8 trillion private-credit market, the hottest corner of Wall Street in recent years, are systematically understating investment risk, according to a new study by Columbia Business School researchers.

SpaceX Owns a Real Business That Makes Big Money

A simple view of SpaceX is that it’s a low-cost rocket launcher that created the profitable Starlink satellite business and which is now burning cash to build orbital data centers and colonize Mars.

Apple Is Handing a Lot of AI Power to Its Huge Rival Google

Tim Cook’s last annual showcase of new software as Apple Inc.’s chief executive officer also marked the start of a deepening relationship with one of his biggest competitors: Alphabet Inc.