Zuckerberg Debuts Meta ‘Superintelligence’ Group, More Hires

Jun 30, 2025 | Markets

Meta Platforms Inc. Chief Executive Officer Mark Zuckerberg announced a major restructuring of the company’s artificial intelligence group, including a commitment to developing AI “superintelligence,” or systems that can complete tasks as well as or even better than...

Citigroup Sees Bigger IPOs as Private Deals Bulk Up Valuations

Jun 27, 2025 | Markets

A wave of big initial public offerings is building as emerging growth companies stay private for longer and bulk up their valuations through secondary stock sales. “I don’t know if it’s here forever, but I think you are winding up a coil,” said John Collmer, global...

Fannie, Freddie Ordered to Find Ways to Count Crypto as an Asset

Jun 25, 2025 | Markets, Private Markets

Bill Pulte, who leads the Federal Housing Finance Agency, ordered Fannie Mae and Freddie Mac to propose ways to consider cryptocurrencies when the entities assess risk for mortgage loans. “Today I ordered the Great Fannie Mae and Freddie Mac to prepare their...

Private Funds for Retail Investors Jump to $350 Billion, Morningstar Says

Jun 24, 2025 | Markets, Private Credit

Wealthy retail investors in the US piling into private credit are pushing the market for semi-liquid funds to about $350 billion and exposing themselves to new risks, according to a Morningstar Inc. report. The total market for semi-liquid funds has surged 60% since...

Investors Are Most Positive on EM in Two Years, HSBC Survey Says

Jun 24, 2025 | Markets

Investors’ bullishness on emerging markets is at its highest in over two years, according to HSBC’s quarterly survey of 100 money managers. About 44% of respondents now have a bullish outlook on EM for the coming three months, according to the survey, which canvassed...