3+ day, 1+ hour ago   (373+ words) These transitions are huge benefits to employees and their portfolios, but they come with complexity that requires sophisticated planning Wanna take some of this off my hands? SpaceX’s June IPO made thousands of current and former employees overnight millionaires. Anthropic…...

3+ day, 1+ hour ago   (392+ words) AI hyperscalers are increasingly dedicating much of their record AI capital spending to EU- and UK-based infrastructure. Think of it as a different kind of data center freeze. A massive surge in AI and data center investments mirroring those in…...

5+ day, 1+ hour ago   (378+ words) They’re increasingly considering new portfolio tax optimization and estate planning tools as the bar for sophisticated advice goes higher. To borrow from Apple’s famous slogan of the late aughts, there’s an app for that. Or at least, there’s wealth management…...

6+ day, 46+ min ago   (451+ words) Oracle stock is down 18.5% this year and ratings agency S&P Global downgraded the company’s credit rating to one notch above junk status. Shares in Oracle have tumbled 18.5% this year and, in July, ratings agency S&P Global downgraded the…...

1+ week, 3+ day ago   (485+ words) Over 69% of consumers prefer some in-person or hybrid communications with their advisor, a recent survey found. We may be 14 years past pop singer Carly Rae Jepsen’s breakout hit, but many advisors are still using her refrain: Call me … maybe. “If…...

1+ week, 3+ day ago   (313+ words) Bringing some of Altruist’s AI financial planning tech to Vanguard Digital Advisor may be a core reason the asset manager made the offer in the first place. “Vanguard [will own] the AI capability to build that without licensing it from…...

1+ week, 4+ day ago   (404+ words) Providers are targeting AI-adjacent companies abroad in pursuit of returns, with some leaving US firms behind altogether. Emerging markets are booming, tech is ballooning … anybody up for a twofer? “There’s a saying, the best time to plant a tree is…...

1+ week, 5+ day ago   (398+ words) OpenAI has been slowly introducing ads to users’ chat boxes since launching them less than a year ago, but the reaction has been mixed. OpenAI thinks it’s on pace to make $1 billion in revenue from its ad biz annually. The…...

1+ week, 6+ day ago   (385+ words) Equal-weighted index funds are surging amid concerns of a tech bubble. Giving everyone their fair share just got more popular. “Right now, we’ve got the Mag Seven about 34% of the total S&P 500 index, which is at historic levels,” said…...

2+ week, 4+ day ago   (420+ words) The toymaker whose brick sets let buyers build anything from Hogwarts to Porsches attributes its success to staying human. There are way more Legos on the ground ready to inflict pain on feet around the world, with the toymaker reporting…...