Situational Awareness, the hedge fund whose aggressive AI bets soured badly in July, is backed by a formidable lineup of Silicon Valley and Wall Street investors who put their faith in a 20-something founder with
Updated July 30, 2026, 6:09 p.m. ET One of the wildest months in recent memory for the U.S. stock market is ending on yet another remarkable note: A highflying hedge fund run by an AI wunderkind
When Blackstone BX -1.61%decrease; down pointing triangle bought a majority stake in Jersey Mike’s Subs early last year for about $6 billion plus debt, the private-equity firm didn’t want to mess with the
The latest Market Talks covering Financial Services. Exclusively on Dow Jones Newswires at 4:20 ET, 12:20 ET and 16:50 ET. 1223 ET – EasyJet shares fall close to 12% on a report the European Union is preparing a review of airline
A record level of private-equity investments are stuck in funds limping along past their intended lifespans. Often known as zombie funds, these funds are no longer raising money or making new acquisitions, in part because
BlackRock BLK -0.28%decrease; down pointing triangle is leading a debt sale targeting at least $12 billion for its massive new El Paso data-center project backed by Meta Platforms META 0.26%increase; up pointing triangle, people familiar
Truelink Capital said Monday it had acquired Lyons Magnus, a company that specializes in making flavored ingredients and beverages. The deal value wasn’t disclosed. The Wall Street Journal earlier reported that it would be
The latest Market Talks covering Financial Services. Exclusively on Dow Jones Newswires at 4:20 ET, 12:20 ET and 16:50 ET. 1446 ET – An acquisition of PayPal by Stripe and Advent International may be the company’s best path toward
Armed with grit and determination, these would-be business owners scrape together financing on a deal-by-deal basis to buy up HVAC outfits and specialized manufacturers. investment News bfe-mustread,personaljournal,worklife,Trusts/Funds/Financial Vehicles,Private Equity,
1. FROM MY DESK One of the biggest shocks to Wall Street this week was IBM’s AI profit warning, which triggered a 25% plunge in its shares—the worst in the company’s history. The news
