Thiel, Bezos Back Startup Treating Tumors With Sound Waves

Peter Thiel’s Thiel Bio and Jeff Bezos’ Bezos Expeditions are among the investors backing health-care company HistoSonics Inc. at a $3 billion valuation — betting that its technology that can help treat tumors using sound waves. The startup, which currently focuses on...

Wall Street’s Risk Arms Race Amps Up With 5-Times Leveraged ETF

Just days after the latest crop of hyper-leveraged products tested the outer edges of regulatory tolerance, a new ETF proposal is doubling down — literally. Volatility Shares has filed to launch funds offering five times the daily return of some of the most volatile...

US Stocks Close Lower After Volatile Session Tests Dip Buyers

Stocks closed lower on Tuesday, in a session that offered a taste of the volatility that dip-buyers will likely face if trade tensions between the US and China keep rising. The S&P 500 ended down 0.2%, after a series of trade-related headlines sent it careening...

Anduril’s Luckey Wants China Cut Out of US Defense Supply Chain

The supply chain for US defense manufacturing is too reliant on China, Anduril Industries Inc. founder Palmer Luckey said on Friday, shortly after new tariff threats by US President Donald Trump sent the markets skittering. “We have to get off the Chinese supply...