1+ hour, 20+ min ago   (326+ words) The handoff therefore puts an executive steeped in enterprise customers and sales atop a company whose most visible competitive threat is emerging in creative software. Canva, Figma and a rapidly expanding universe of generative AI products are changing how creative…...

2+ hour, 2+ min ago   (466+ words) Anthropic hasn’t gone public yet, but some of Wall Street’s biggest wealth businesses are already competing for the fortunes its employees are expected to make. Goldman Sachs, Bank of America, BNY, JPMorgan Chase and Wells Fargo have been in discussions…...

4+ day, 1+ hour ago   (371+ words) Goldman Sachs is seeing a “huge uptick” in inquiries from AI founders, executives, researchers, developers and investors whose equity has suddenly become life-changing wealth. Brittany Boals Moeller, the firm’s San Francisco head of private wealth management, says the speed and…...

5+ day, 7+ hour ago   (278+ words) That distinction could be worth billions. Wilson and affiliated family entities now control roughly 8.7% of Lululemon, recently worth close to $1 billion, while his nearly 18% stake in Amer Sports is valued at almost $3 billion. His family office also holds substantial real…...

1+ week, 1+ day ago   (259+ words) Blue Owl already has plenty invested in the theme. The firm closed its latest digital infrastructure fund in May with $7 billion of commitments, while its Stack Infrastructure business owns data centers across the Americas, Europe and Asia. Stack is separately…...

1+ week, 6+ day ago   (311+ words) Big Tech has spent earnings season startling investors with ever-larger AI budgets, but Goldman Sachs’ Eric Sheridan thinks the surprises are nowhere near finished. He expects AI supply and demand to remain out of balance until the first half of…...

2+ week, 4+ hour ago   (696+ words) thewealthadvisor.com Jeff Gundlach has found something in the AI boom that bothers a bond investor more than an expensive stock: questionable collateral. The DoubleLine Capital CEO is warning that Nvidia’s plan with six financial giants to mobilize more than…...

3+ week, 2+ day ago   (316+ words) Bank of America strategist Michael Hartnett has put a number on Scott Bessent’s bond-market problem: 5% on the 30-year Treasury yield. If the Treasury secretary’s expanding buyback program can’t push long rates below that threshold, Hartnett expects pressure to spread beyond…...

3+ week, 2+ day ago   (525+ words) Ken Griffin’s Citadel has already shed more than 80% of the risk it acquired from Leopold Aschenbrenner’s Situational Awareness, completing nearly 100 block trades representing more than $4 billion in market value. Citadel bought the portfolio only last month, after heavy losses in…...

3+ week, 2+ day ago   (304+ words) The inflation data are finally giving that argument something tangible. Consumer prices rose 3.4% from a year earlier in July, down from 3.5%, while core inflation slowed to 2.5%, its lowest level since February. Producer-price inflation also came in softer than expected, adding…...