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Behind Goldman's $2.3B Deal for NEOS Investments
What are our options? Asset managers are growing increasingly determined to bring options-based strategies, traditionally tools of institutional and accredited investors, to the masses. Goldman Sachs is emerging as one of the more aggressive forces in the
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Vanguard's New Custom Model Portfolios Hope to Prove One Size Doesn't Fit All
There are models everywhere, and we're not talking about fashion week. Vanguard on Wednesday announced new customizable model portfolios, which will allow advisors to tweak the firm's existing strategies and customize them based on client preferences. Adv
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The SEC's Proposed Semi-Annual Reports Could Hide Negative Earnings
Negative quarterly earnings could start going the way of a certain 2025 heist movie starring Jesse Eisenberg: Now you see me, now you don't. With the SEC's proposed change to allow companies to report earnings semi-annually rather than quarterly, negative
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Sticky Inflation, Job Loss Prolong Fed's Interest-Rate Limbo
No surprises. More time. That's what July's inflation report delivered to the Federal Reserve on Wednesday. The Bureau of Labor Statistics' latest Consumer Price Index update showed the broad gauge of goods and services costs rose 3.4% year-over-year. Tha
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CoreWeave Signals Sunny Skies for AI Infrastructure
CoreWeave did a double-double, and no, that's not a burger order. The AI-cloud provider doubled its revenue and doubled its cash burn in the second quarter. Its stock popped nearly 20% Wednesday after executives shared quarterly results, with investors ho
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Why This ETF's 1,700% Return Isn't Attracting Buy-and-Hold Investors
This year's breakout star in the ETF world is a small fund, one with just $45 million in assets. The Breakwave Tanker Shipping ETF (BWET) returned over 1,700% this year as of Tuesday, making it by far the best-performing fund on the market. And, that's no
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Private Market ETFs May Have an Institutional Problem
Private market investments are more available than ever. So why aren't retail investors buying? Exchange-traded funds designed to give everyday investors access to private markets, and some of the hottest IPOs on the market, are attracting tons of institu
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Big AI IPOs Get Headlines. The Real Story Takes Longer To Tell
One down, two to go. SpaceX is now public, with a series of lock-ups scheduled to expire through mid-2027 offering the chance for significantly more float to hit the market, and OpenAI and Anthropic aren't far behind. The trio of "cannonball IPOs" has the
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Nvidia Underscores Support for Open-Source AI, a Boon for Hardware Spending
The emergence of frontier artificial intelligence is the new front in Silicon Valley's open- vs. closed-model Forever Wars, and the battle lines are now clear. On one side: OpenAI and Anthropic, championing a closed-model ecosystem in the name of safety.
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Apollo Places $2.6 Billion Bet on New York Yankees
Ruth and Jeter built the house. Wall Street is financing the latest renovations. The holding company of Major League Baseball's New York Yankees revealed a $2.6 billion financing agreement with private equity giant Apollo Global on Tuesday, showcasing the
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