Not long ago, Michael Burry became bearish on the AI trade. In fact, he called some of the biggest names frauds, referring to their accounting practices. Morgan Stanley has now come out with a warning: the huge investments in AI could result in higher-than-anticipated...

Vanguard Group has unleashed another round of fee cuts across its lineup of mutual funds and exchange-traded funds, further tightening the screws on an industry already known for its low costs. The Jack Bogle-founded asset manager, which oversees about $12 trillion,...

Artificial intelligence tops the investment priority list for family offices globally, a survey from JPMorgan Chase & Co.’s private bank shows, though allocations lag and remain concentrated in public equities. Of the 333 single family offices surveyed from 30...

Nvidia Corp. Chief Executive Officer Jensen Huang said the company will be participating in OpenAI’s latest funding round, describing it as potentially “the largest investment we’ve ever made.” “We will invest a great deal of money,” Huang told reporters while...

In a Wall Street era marked by investor crowding and retail momentum, this week showed how quickly conviction can evaporate. Trillions of dollars swung at a rapid clip as the most popular trades stumbled, with heavy positioning leaving little room for error. Precious...

Bitcoin traded near two-month lows after Donald Trump named Kevin Warsh as the next Federal Reserve chair — a choice that did little to lift sentiment in a market already under pressure from persistent ETF outflows. The largest cryptocurrency dropped as much as 4% to...