SBI shares on gaining spree; hit record high

In 2024, America’s housing shortage experienced a significant change, as it nearly ceased to grow for the first time since the 2008 financial crisis. A recent analysis by Zillow, based on the latest American Community Survey data collected throughout 2024, revealed that the national housing deficit remained close to 4.7 million homes, with an increase…

Many advisors spend years mastering investments, but for affluent families, portfolio management is often just the starting point. Jason Diamond welcomes Constantine Hatzivassiliou, partner at Certuity, to discuss how his journey from aspiring professional golfer to leader of a nearly $5 billion multi-family office shaped his approach to client service. Their conversation explores why trust…

Key Points The transaction involved 20,833 shares valued at $10.6 million, based on a weighted-average execution price of $507.24 per share. This disposition reduced the executive’s direct equity holdings by 51%. The transaction was a same-day exercise and sale of 20,833 options with a strike price of $151.25. The activity was conducted under a Rule…

Satya Nadella took a quiet swipe at AI labs like Anthropic for how they train their models. In an X post on Sunday, the Microsoft CEO said that model makers complaining about distillation is hypocritical. Distillation is the process of training a less powerful model based on the outputs of a stronger one. “While the…

Financial infidelity — hiding financial information from a partner — is a topic wealth advisors often have to address with clients. Advisors weighing in said secret cash transactions, private accounts and not disclosing investments are behaviors they often see, and that conversations with clients participating in the behavior must be approached neutrally and with care. …