Fund Bosses Hungry for Returns Are Now Piling Into Defense Bets

ESG fund bosses battered by years of underperforming returns are rapidly redefining their mandates to make room for highly lucrative defense bets. Since Russia’s 2022 invasion of Ukraine and through the end of the fourth quarter of last year, the share of sustainable...

Cathie Wood Says Most Memecoins Will End Up ‘Worthless’

Most of the so-called memecoins that are flooding the $2.6 trillion cryptocurrency space will probably end up “worthless,” according to Cathie Wood. The combination of blockchain technology and artificial intelligence is creating “millions” of meme cryptocurrencies...

BofA Survey Shows Biggest-Ever Drop in US Stock Allocations

Investors have slashed holdings of US equities by the most on record, according to Bank of America Corp.’s latest survey, underscoring the massive rotation that’s underway in global markets. Fund managers reported being about 23% underweight in US stocks — a plunge of...

Trump tariffs to raise bar to invest in the U.S., JETRO says

President Donald Trump’s tariff campaign is likely to worsen inflation and raise the bar for Japanese companies to invest in the US, defying the president’s aim to lure investment and revive American manufacturing, according to the chair of the Japan External Trade...

BYD Shares Jump to Record on Five-Minute EV Battery Charging

BYD Co. shares jumped to a record after the Chinese automaker unveiled a lineup of electric vehicles that it says can charge almost as fast as it takes to refuel a regular car. The automaker’s stock climbed as much as 6% at the open of trading in Hong Kong Tuesday,...