Legal artificial intelligence (AI) startup Harvey is in talks to raise $500 million at a $15.5 billion valuation, including the investment, The Information reported Friday (Aug. 7), citing an unnamed source. The reported valuation would be up from the $11 billion valuation Harvey achieved in a March funding round in which it raised $200 million. Harvey’s annualized revenue has leapt…
Why did I just buy my first bond ever, after years of being 100% invested in stocks? It comes down to a single number: 5.2%. That’s the highest 30-year Treasury yield we’ve seen since 2007, and it’s reshaping the calculus for every other investment out there. In this month’s First Friday economic update, I break…
Tracking Ken Fisher's Fisher Asset Management Portfolio – Q2 2026 Update
Barry Sternlicht’s Starwood Asset Management has acquired two affordable housing properties in Miami-Dade County from the Gatehouse Group, paying a combined $63.8 million, property records show. In the largest deal, the investor paid $34 million for the 150-unit Magnolia Landing Apartments in the Naranja neighborhood, near the southern end of the county. Built in 2011,…
The Trump administration is moving ahead with its efforts to fire Federal Reserve governor Lisa Cook, two months after the Supreme Court allowed her to retain her job while she fights the president’s effort to terminate her over mortgage fraud allegations that she has denied. The justices in a 5-4 decision in June said Cook, who was…
Doximity at the New York Stock Exchange for its initial public offering on June 24, 2021. Source: NYSE Shares of medical platform Doximity more than doubled at one point in overnight trading Friday after some bold comments on the margin for its new AI search tool. CEO Jeffrey Tangney said the product brings in 10…
Samenstelling van de treasury van Eightco op 5 augustus 2026: 90 miljoen dollar aan OpenAI-aandelen (indirect), 18 miljoen dollar aan aandelen in Beast Industries, 16.278 ETH, bijna 302 miljoen WLD-tokens en 142 miljoen dollar aan liquide middelen en kasequivalenten, goed voor een totale waarde van ongeveer 378 miljoen dollar Eightco nam onlangs deel aan de…
Global financial technology and trading company XS.com has named Andreas Achniotis as its new Head of Affiliates. The move is part of the company’s plan to grow its network of partners and improve one of the main ways it brings in new clients. Affiliate marketing, where partners help promote a company in exchange for commission,…
Financial literacy is becoming a key feature in the competition for the next generation of banking customers. Google’s latest Wallet update reflects that shift, introducing parent-managed accounts that allow children to make purchases while parents set limits and monitor activity. Google Wallet will now allow parents to establish a balance for children under 18, complete…
This earnings season, the metric advisors say they are watching most closely is revenue growth tied to AI products and services, cited by 42 percent. Corporate guidance followed at 21 percent, capital expenditure at 18 percent and profit margins at 17 percent. Chris Pepper, vice-president of corporate affairs at Fidelity, said AI had been…