Hedge fund manager turned NBA owner Gabe Plotkin, who shut his firm after a bruising showdown with meme-stock traders, is planning to convert some of his own assets into an ETF using a tactic that’s helped a slew of wealthy investors defer tax.
A few weeks ago, I sat down at my laptop and built a trading platform. It connects to three financial exchanges. It ingests news from RSS feeds, web searches, Reddit and Twitter.
If venture capital investment is a measure of the economic future, California would seem to have locked things up. In the first quarter of this year — by far the biggest quarter for US VC investment ever — an unheard-of 85% of the money went to California companies, according to the PitchBook-NVCA Venture Monitor. For all of 2025, California’s share was an also-unprecedented 60%.
If you have an aging parent whose bills are starting to be neglected, or a client who needs more hands-on financial oversight than a planner provides, you might consider hiring a daily money manager. The American Association of Daily Money Managers can help you find someone in your area.
Every year, hundreds of thousands of life insurance policies lapse or are surrendered for cash. The policyholders walk away with whatever the carrier offers. Their advisors sign off. Their attorneys see nothing. And nobody asks the obvious question. Could this policy have sold for more?
No one likes that heart-drop feeling of missing an important detail. And yet, this happens all too often when it comes to healthcare planning. Healthcare and health insurance are complex topics. Without an expert or the right resources, it can be very difficult for financial advisors to do on their own.
Technology megacaps are pushing benchmark indexes to new records while the rest of the market is lagging behind. Traders can be forgiven for feeling like they’ve seen this movie before.
BlackRock Inc. is bringing its roughly $2.5 billion money market fund to cryptocurrency exchange operator OKX, with Standard Chartered Plc holding the underlying assets — the latest sign that Wall Street infrastructure and digital-asset markets are converging.
European stocks started the year much stronger than their US peers but the tantalizing prospect of the euro area clawing back some of its persistent gap in earnings growth, and the higher company valuations that come with it, looks to have slipped through its grasp again.
The chip industry seems to be the only game in town lately. The Philadelphia Semiconductor Index, known as the SOX, has risen 48% this year. Bourses in Taiwan, South Korea and Japan are riding the wave and hitting record highs, brushing away potential energy shocks from the military conflict over Iran.
Cook has spent 15 years focused on the King — the thousands of decisions about industrial design, manufacturing, and supply chains that make the iPhone an iPhone. Racing in AI would have meant counting pieces while leaving the King unguarded. Ballmer counted pieces, and it cost Microsoft $5.5 billion.
Many people seem surprised by the US stock market’s resilience during the Iran war. I’m not one of them, and I don’t see the war becoming a significant threat to the market, even if it drags on.
You don’t have to agree with Chater and Loewenstein’s “crowding-out” hypothesis or their policy prescriptions to benefit from It’s on You, which will, at a minimum, allow the reader to identify and deconstruct i-frame PR when they come across it.
With a better understanding of the derivatives and leverage that led to the GFC, we now explore private credit — a small “niche” financial sector, such as subprime mortgages — which is being called the next match to light a financial bonfire.
It’s tax season, and we’ve been reading a lot about taxes — and strategies for mitigating them. In this note, we’ll take a close look at one such strategy, known as leveraged long/short direct index tax-loss harvesting (LSDI), and explain how investors being pitched the strategy can assess whether it’s right for them.
If the first quarter of 2026 taught us anything, it's that markets are dynamic and that the factors shaping them extend well beyond corporate fundamentals. The road ahead presents a wider range of outcomes than investors have faced in some time. The outlook remains fluid and highly dependent on how several key factors evolve.
The world’s most important central banks will potentially hand investors fresh reasons to sell government bonds this week as policymakers find themselves forced to confront the risk of a war-driven inflation shock.
On Monday, the index returned to record highs, eclipsing the previous peak hit before the war started in Iran. Yet, when compared with the US market, emerging-market shares screen as cheaper than at the start of the war, reinforcing the case for investors to add exposure.
United Airlines Holdings Inc. Chief Executive Officer Scott Kirby confirmed he approached American Airlines Group Inc. and that talks have ended, laying out the virtues of a merger that he said could have strengthened corporate America and won approval from regulators.
US stock futures were little changed on Monday after a four-week rally, starting a busy week of corporate earnings and the US central bank’s policy meeting with a relative calm while investors monitor the reopening of the Strait of Hormuz amid stalled Iran peace talks.
A data center developer is seeking $4.54 billion in junk-debt financing for an artificial intelligence project tied to Nvidia Corp., testing investor appetite after a recent surge in offerings.
There’s no shortage these days of stories, posts and videos warning of the robot armies readying to vacuum up white-collar jobs in technology, finance, marketing, you name it. And there’s no doubt that artificial intelligence is rapidly changing how we live and work. Amid all this, though, a relative calm has descended on the labor market and should persist for the rest of this year, at least.
Budget airlines are going broke. Spirit Airlines may go under or get a government bailout, and JetBlue is just barely avoiding bankruptcy this year. It didn’t need to be this way. They tried to merge in 2024, but the merger was blocked because President Joe Biden’s administration was concerned that greater consolidation would lead to higher prices.
The bigger the vacuum becomes, the longer it will take to refill those inventories whenever whatever passes for normality finally arrives. Oil prices along the curve would need to rise accordingly to encourage excess production — or, conversely, achieve the same outcome by destroying demand.
Elon Musk’s SpaceX is no stranger to the stratosphere, and neither is its coming initial public offering.
As a more than $20 billion borrowing frenzy to build out data centers descended on the junk-bond market this year, some issuers offered up a rare sweetener: an early cash payback.
X-Energy Inc., a nuclear energy firm that counts Amazon.com Inc. as a backer, raised $1.02 billion in an upsized US initial public offering that priced above the marketed range.
Global bond markets are heading for their worst week in a month as investors grow increasingly uneasy about a stalemate between the US and Iran.
Intel Corp. shares are on track to hit their highest level ever after the chipmaker delivered a sales forecast that shattered Wall Street expectations.
Volatility, tighter margins, and rising client expectations are prompting many Advisors to reassess whether their current broker-dealer or firm is still the best long-term fit. If you’re considering a transition, in this article we will discuss 10 essential questions to help guide your decision.
After years weighing how to dive deeper into private credit, JPMorgan Chase & Co.’s $4.3 trillion asset manager is committing to a strategy that will plow tens of billions of dollars into loans sourced by the firm’s commercial bankers.
Jay Leno’s latest hosting gig involves a classic car, an airport construction site and municipal bonds.
Nearly two months into the conflict in Iran, global stock markets are staging a defiant rally. From the US to Taiwan and South Korea, a disconnect has emerged: while the geopolitical tensions remain high, equities are charging back toward all-time highs.
Intel Corp. has been one of the hottest stocks in the market over the past 12 months, soaring more than 240% to the highest price since the dot-com bubble. But the rally is facing a potential roadblock in the company’s first-quarter earnings report due after the close Thursday.
American Airlines Group Inc. lowered its full-year earnings target, saying it may end 2026 with a loss as the carrier absorbs $4 billion in additional fuel costs from the war in Iran.
Amid rising college costs and mounting student debt, parents are looking for more ways to lessen the financial burden of higher education. Luckily, 529 college savings plans can help. These unique savings vehicles offer several tax breaks for parents as they save for their children’s future education.
The problem is not digitization itself. Many of these tools deliver real value, from better intake and modeling to clearer client visualization, and for straightforward situations, a DIY approach may be entirely appropriate. The risk arises when convenience begins to substitute for accountable legal judgment in matters that are anything but simple.
Vanguard is boosting its holdings of Treasuries, taking advantage of higher yields following the Middle East conflict to lock in rates and hedge against the risks of a potential growth slowdown.
Without a clear owner, even the best marketing plans collect dust, while client work takes priority. But during those times when you're laser-focused on serving clients, the marketing that should be growing your practice isn't happening. Ideal prospects are finding someone else. Referral sources go quiet.
Stocks are trading near a record high, signaling Wall Street is learning to cope with lingering geopolitical risks. Main Street is struggling to catch up.
Investing pros say strong quarterly numbers that beat already lowered expectations aren’t likely to move the richly valued stock. Rather, Tesla needs one of two things to drag its shares out of their rut: Concrete signs of progress on its robotaxi plans or a shiny new object from Musk’s playbook that moves the goalposts for the company and resets the timer to show results.
Google has emerged as one of the most successful makers of in-house AI chips in an industry dominated by Nvidia Corp. TPUs have become a hot commodity in Silicon Valley in recent months, and the company is looking to build on that momentum with the latest versions.
As the spring session for my graduate class, Leadership Lab, comes to a close I am in Chicago working with middle management leaders in the financial advisory space on leading teams. It seems appropriate at this time to offer some reminders about simple things you can do to be a better leader for your team.
Every prospect is different. They have different interests, different decision timelines, and different levels of engagement. Treating them all the same because your CRM can't segment effectively is leaving money on the table.
In announcing on Monday that John Ternus would be succeeding Tim Cook as chief executive officer of Apple Inc. this year, the company’s board made it clear: We’re a hardware company and we’re going with the hardware guy.
The long-term care confidence gap is the difference between understanding the importance of a risk and consistently addressing it with clients. Advisors know, but they do not always say. The gap isn’t about intelligence or professionalism; it’s about the difference between technical knowledge and conversational leadership.
In practice, referrals depend less on how clients feel and more on how clearly they can represent what the advisor does when it matters. That moment is usually fleeting.
Early in my financial planning career, if a client told me they had a terminal diagnosis, every alarm in my head would go off. Before the meeting was over, I would have a to-do list that was three pages long.
A recently passed law in Indiana now requires some state retirement plans to allow participants to invest in cryptocurrency, setting the stage for broader crypto adoption by public funds.
JPMorgan Chase & Co. is working toward getting approval from Chinese securities regulators to launch actively managed exchange-traded funds in the country for the first time.
