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
The latest Market Talks covering Technology, Media and Telecom. Published exclusively on Dow Jones Newswires at 4:20 ET, 12:20 ET and 16:50 ET. 1113 ET – Bitcoin is trading up 0.4% to $63,712, managing to trade higher despite several sources of pressure.
Aug. 1, 2026, 7:00 a.m. ET A nasty reversal of the momentum trade in the U.S. stock market in July has led to tumult under the surface of major indexes like the S&P 500 — yet the
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
SANTA FE, N.M.—In a beige office park on the edge of town not far from a Walmart, waves of oil-and-gas money are crashing on Jon Clark’s desk. A flood of $7.6 billion arrived
The Depository Trust & Clearing Corp., a leading trade processor, plans to convert a batch of shares and Treasurys into digital tokens, the clearinghouse’s latest step toward a fully digital Wall Street. Almost 40 financial firms
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
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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
