Shares of the biggest alternative asset managers tumbled Wednesday after Cliffwater LLC’s flagship private credit fund reported even larger redemption requests than in the first quarter, setting off a new wave of fears about the industry. Shares of Blackstone...

Wall Street’s top prosecutor said his office is looking at possible valuation discrepancies in the private credit marketplace. Jay Clayton, the US attorney for the Southern District of New York, addressed the issue Wednesday while speaking at the Bloomberg Global...

Bitcoin has fallen 36% over the past year and slipped below $70,000 this week, extending a retreat that is undermining several of the arguments that helped carry the cryptocurrency into the financial mainstream. The decline comes as investors pull money from Bitcoin...

Mizuho reduced its price target on MSTR’s stock to $265 from $320 but maintained its 'Outperform' rating after slashing its year-end forecast on Bitcoin. It noted Strategy's roughly $2 billion cash reserve, which management says can cover about two years of...

Chipmakers are by far the hottest stocks in the market, but their recent surge is lending urgency to the debate over whether investors are buying into an artificial-intelligence bubble that’s due to burst. The Philadelphia Stock Exchange Semiconductor Index is on pace...

He invented the electric future. We're just running out of silver trying to build it. In 1899, Nikola Tesla was dreaming about a world powered almost entirely by electricity — wireless transmission, electric motors, massive power grids, automation, remote control...