Venture Firm Behind Chip Startup Groq Targets $10 Billion Megafund
Winning bets on hot AI startups are vaulting a little-known Dallas firm into a small group of firms raising gigantic funds.
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How one trend-following fund outperformed rivals by bringing humans back into the decision-making process
One trend-following fund has outperformed rivals this year by deciding to take profits.
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Financial Services Roundup: Market Talk
Find insight on Tower, Banco Santander and more in the latest Market Talks covering financial services.
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Wall Street Bonuses Are Expected to Hit Another High This Year
New York reports that the industry is now on pace for $90 billion in profits this year, leading to higher compensation.
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Fintech Plaid Bets on Credit Scores to Fuel Next Phase of Growth
EXCLUSIVE: Plaid is doubling down on its credit-scoring business with new AI models as the company aims to chart its next era of growth with a suite of products beyond its core business.
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Companies Raise More Than $1 Trillion in Equity Markets, But AI, Bond Yields Sour Mood
Markets had been expecting a bumper quarter following an ebullient start to the year crowned by SpaceX's record-breaking IPO.
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Forbion Raises $2.6 Billion in Boost to European Biotech Industry
Dutch haul comes despite European drugmakers and investors warning the region is losing ground.
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Hackers Use Chinese AI Tool to Hit South Korean Banks, Exposing New Risk
The attacks were the latest to highlight the vulnerability of even hardened targets to hackers using freely available artificial-intelligence tools.
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KKR Strikes Deal to Buy Private-Capital Fund Administrator Gen II
Private-capital funds have proliferated in recent years as investors seek to reduce reliance on public markets.
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NYSE Owner Launches Gold Futures in London
The contract began trading Monday alongside new futures for silver, platinum and palladium.
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Dan Ives Launches Another AI Fund Amid Conflict of Interest Questions
A new closed-end fund carrying Dan Ives' name seizes on the analyst's reputation as one of Wall Street's most visible tech and AI optimists.
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Bank Stocks Are Haunted by the Ghosts of 2023
Lenders have stronger balance sheets now as they face a new rate-hiking cycle.
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Intesa Sweetens Monte dei Paschi Bid to $35.3 Billion, But Warns on Rival Deals
The bank sweetened the total offer value and warned it could pull out if Monte dei Paschi shareholders backed rival deals.
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Trump Accounts' Extraordinary Expansion Puts Individual Stocks Into Kids' Holdings
The latest shift in the program ties children's wealth building directly to the fate of particular companies.