News

Is bitcoin really digital gold? In 2025, the leading crypto has failed to answer that question

Bitcoin's big drop from a record price has led to questions about crypto's correlation to the broader market, and what it really represents in a portfolio.

London's answer to Wall Street gains momentum as major firms sign on

HSBC, BBVA, Barclays, Citibank and others have also recommitted to Canary Wharf in 2025.

$208 million wiped out: Yieldstreet investors rack up more losses as firm rebrands to Willow Wealth

Yieldstreet is attempting to move past a troubled track record by rebranding to Willow Wealth while customers reel from a still-unfolding collapse of its funds.

SoFi's stock drops on $1.5 billion share sale announcement

SoFi said it's selling $1.5 billion in stock after the company's market cap almost doubled this year.

Buyer beware? Increasingly complex ETFs may burn investors due to market backdrop

Retail investors may be getting in over their heads.

Kalshi makes move to court crypto traders with tokenized betting contracts

Tokenization refers to creating a digital version of a real-world financial asset such as a stock, bond or treasury note.

As regime change looms at the Fed, one candidate emerges as frontrunner for chair

President Donald Trump knows who he's going to select as the next Federal Reserve chair but isn't saying yet.

Goldman Sachs acquires ETF firm for $2 billion in latest deal to bolster asset management division

Goldman Sachs has made asset and wealth management a priority since pivoting away from a consumer banking push.

'Green light' away from AI trade: Two ETF executives see a key market shift underway

Markets may have entered a new cycle. Here's why.

SEC investigates Jefferies over First Brands collapse, report says

The FT said the SEC is looking into whether Jefferies gave investors enough information on their exposure to the failed auto business.

Nvidia namechecks Michael Burry in secret memo pushing back on AI bubble allegations

The chipmaker quietly circulated a private memo to analysts that explicitly namechecked investor Michael Burry and pushed back on many of his claims.

Michael Burry's next 'Big Short': An inside look at his analysis showing AI is a bubble

The investment world is "expecting far more economic importance out of this technology than is likely to be provided," Burry's associate portfolio manager said.
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