Sequoia Capital led a $1 billion funding round for Valar Atomics Inc. that the nuclear startup says will help it shift from demonstrating small reactors to producing them in volume.
JPMorgan Chase & Co. is vowing to funnel $750 billion into housing over the next decade, nearly 40% more than it has over the past 10 years, as part of Chief Executive Officer Jamie Dimon’s push to invest more money in US communities.
US stocks rose into the first trading day of the month as attention turned to this week’s heavy slate of earnings reports.
The deeper promise may be in human-AI collaboration. AIs may prove most valuable not as autonomous traders but as a counterweight to our very human behavioral biases such as overconfidence, recency bias, and the tendency to bet too big on views that feel certain but aren’t.
2008. 1929. 1907. 1893. These dates strike fear into the hearts of investors. Panics, crashes, and bear markets have been part of the investing ecosystem for as long as markets have existed. Some say they are the price of progress — others, a flaw in the system. Whatever you think of periodic market crashes, they’re here to stay.
In this article, I explain why baby boomers in target date funds (TDFs) should not feel lucky today or in the near future. There’s a 40% chance that the typical TDF will have at least one losing year during the next five years. These are bad odds, especially since retirement with dignity is at stake.
“Carnage” and “exploding” are very misleading descriptors of what is happening to hyperscaler credit spreads. Yes, the basket of CDS spreads is certainly moving upward, but it is not evenly distributed. Oracle's CDS spreads have moved by multiples, while the other four hyperscalers' CDS spreads have increased by a much more subdued amount, and from unusually tight initial levels.
In the race to win a coveted role on the next mega US IPO and manage the ensuing riches, Wall Street’s wealth advisers are ramping up lending to founders and entrepreneurs based on the soaring values of their private companies.
For anyone worried about the gargantuan costs of developing artificial-intelligence infrastructure, it was comforting to think that Big Tech firms could just turn off the spending taps if demand for chatbots and coding tools didn’t pan out. That’s starting to look like wishful thinking.
It’s true enough that history rhymes, even if it doesn’t necessarily repeat. But that creates danger when we pick up resonances from the wrong episode of history, particularly in the fraught task of identifying and avoiding speculative bubbles.
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.
Europe’s big banks have joined the global stock trading party. Danger lurks, however: When the market turns, it is often brutal.
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.
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.
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.
Investors overwhelmingly recognize the value of financial planning, but a substantial planning gap remains. The desire for guidance is there. Access remains the challenge.
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.
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 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.
The US dollar will weaken if the Federal Reserve leaves interest rates unchanged this week, according to TD Securities.
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.
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.
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.
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 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.
CME Group Inc. said the debut weekend of 24/7 trading for its one-ounce gold futures saw stronger-than-expected demand with deep liquidity despite subdued volatility.
Registered investment advisors (RIAs) are increasingly adopting artificial intelligence (AI) tools that automatically transcribe and summarize client calls. While these technologies may offer efficiency gains, they introduce significant legal and compliance risks. This article discusses the intersection of AI transcription tools with state wiretapping laws, privacy considerations, Securities and Exchange Commission (SEC) requirements, and the evolving litigation landscape.
Pimco has been one of the loudest voices warning of risks in private debt markets, and Ivascyn, 56, has cautioned on the trillions of dollars pouring into the infrastructure underpinning the artificial intelligence boom.
US state and local government debt hit its cheapest level since the spring, after inflation fears caused municipal bonds to see their worst week of returns since April 2025.
Microsoft Corp., Meta Platforms Inc. and Amazon.com Inc. face renewed investor anxiety over their debt-fueled capital expenditure plans after Alphabet Inc. raised the upper end of its spending forecast this year by as much as $15 billion.
The narrative presented in this article is uniquely suited only to the retirement scenario. (And it neglects such complications as tax-deferred accounts, etc.) Other investing narratives will be different — for example, those of pension funds or endowment funds.
To evaluate SpaceX from a fundamental perspective, investors need to quantify the implied growth in its valuation and compare it with both their own and market forecasts. In this article, we attempt to help by providing context for growth expectations, using Amazon’s history as a proxy. The question we pose is: What does the Amazon playbook require of SpaceX?
Whenever faced with tradeoffs between risk and return, we recommend turning to expected utility. The method of maximizing expected utility is the most sensible technique for making these tradeoffs, taking into account both your personal preferences and the specifics of the situation.
Your client needs income. Investment-grade corporate bonds are offering it in the form of yields above 5%. That's a compelling number, and you're thinking about how to position this client's portfolio. Here's the problem: That 5% shouldn't be possible right now. And that's what should worry you.
Kioxia Holdings Corp. faces more wild price swings with leveraged exchange-traded funds tracking the Japanese memory chipmaker’s shares set to be listed in the US.
Jefferies Financial Group Inc. is hiring several muni sales and trading veterans, according to a person familiar with the matter.
US Treasuries edged higher as oil prices softened after the US paused its nearly two-week campaign of strikes against Iran, while traders eyed a roughly one-in-three chance of a Federal Reserve interest rate hike on Wednesday.
Goldman Sachs Group Inc. and T. Rowe Price Group Inc. are launching their first interval fund for the masses as Wall Street races to bring private investments to Main Street.
Let’s get this out of the way right away: It’s highly unlikely the Federal Reserve will raise interest rates when policymakers meet this week after the latest data showed inflation has slowed.
It is one of the great paradoxes of our time: Americans have never been richer — or more negative about the economy.
Artificial intelligence operates at speeds and levels of complexity that its human creators can’t match. So what happens when it’s unleashed on financial markets?
Intel Corp.’s long-awaited turnaround is in progress, now that the artificial intelligence data center boom is fueling demand for its chips.
Gold edged higher, holding firmly above the key resistance point of $4,000 an ounce even as the widening conflict in the Middle East fuels expectations for tighter monetary policy.
US equity futures on Friday were little changed, indicating stocks are poised to steady from the deepest one-day drop in a month, as Brent crude prices fell below $100 a barrel and a selloff in Big Tech shares eased.
BlackRock Inc. began marketing $12.3 billion of high-grade bonds to fund a Meta Platforms Inc. data center project, testing investor appetite amid growing concerns about excessive AI infrastructure spending.
Washington, DC is stepping up to borrow $1.2 billion this week at its annual municipal debt sale, tapping the market as its credit stabilizes.
US Treasuries are offering investors solid protection against losses as yields remain elevated, according to BlackRock Inc.
Intel Corp. is expected to report strong second-quarter earnings after the market close Thursday, but even blowout results likely won’t be enough to reverse the stock’s July slide.
US President Donald Trump said a civil nuclear agreement with Saudi Arabia would be contingent on the kingdom normalizing ties with Israel, throwing cold water on a landmark deal his administration finalized just a day earlier.
Alphabet Inc.’s impressive second-quarter earnings release on Wednesday seemed on course to go down mostly well with investors. Until the earnings call, the Google parent’s share price was up marginally in after-hours trading, buoyed by cloud growth that smashed estimates.
