Burry exits Alibaba, builds large JD.com position over valuation concerns

Key insight: After two press conferences with scant policy explanations for forward guidance, market participants and banks are questioning the credibility of the Warsh-led Federal Open Market Committee to raise rates to combat inflation. Expert quote: “The vacuum from Warsh declining to give a reaction function — not just forward guidance — means the market…

Edelman Financial Engines and Prime Capital Financial have agreed to settle an ongoing lawsuit between the firms, closing the book on a multi-year litigation battle. As part of the settlement, Prime Capital has agreed to an injunction detailing procedures that the company and any Edelman planner who opts to leave for Prime Capital must take…

New Coldwell Banker Affiliates president on AI, rates, luxury market Skip to content © 2006-2026 HW Media, LLC. All rights reserved.Powered by WordPress VIP What’s New? Updated 1 minute ago Latest

This as-told-to essay is based on a conversation with David Hatcher, the managing partner of Baringa. It’s been edited for length and clarity. I’ve been a consultant since the late ’90s. I spent most of my career focused on the energy sector, but these days, AI has become a big topic of conversation. I joined…

A vessel is anchored off the coast of Sharjah in the United Arab Emirates on Aug. 3, 2026. AFP | Getty Images Oil rose Friday amid worries over supply disruptions after Iran published a restrictive draft plan for the Strait of Hormuz. Futures for international benchmark Brent crude for October delivery gained 1.25% to $83.52 a…

Alts investment platform CAIS announced a $170 million Series D financing. The round includes investments from lead participant Vista Equity Partners, as well as AllianceBernstein, funds managed by Blue Owl Capital, Carlyle, Fortress Investment Group, Golub Capital, Lord Abbett, and Royal Bank of Canada. The round values CAIS at over $2 billion, bringing total capital…