Cathie Wood isn’t pleased about one of her most popular investments, Tesla Inc., being excluded from a prominent index that tracks eco- and socially friendly companies. “Ridiculous,” was essentially Wood’s terse response to news that the S&P 500 ESG Index has dropped Elon Musk’s electric-vehicle … Read More

The probability of a “hard landing” for the U.S. economy has jumped, with stock and bond investors worried about slowing economic growth, according to Morgan Stanley’s wealth-management division.  “The stock- and bond-market downturn has advanced to behavior resembling a classic cyclical bear market rather than … Read More

Carlyle Group Inc.’s acquisition of software company ManTech International Corp. suggests that private equity might be getting more bullish on defense and national-security contractors, research analysts said. Carlyle agreed to buy ManTech for $96 a share in a transaction that values the company at about … Read More

Shares of Robinhood Markets Inc. rocketed Friday, to extend their bounce off a recent record low, after the trading app disclosed a large active investment by Sam Bankman-Fried, who founded and runs the cryptocurrency exchange FTX Trading. The stock HOOD, +24.88% shot up 23.3% in … Read More

One of the biggest names in crypto is bullish on the future of Robinhood Markets. That makes sense. But others might think twice before settling down in Sherwood forest. The disclosure on Thursday that Sam Bankman-Fried, the 30-year-old billionaire who founded the cryptocurrency exchange FTX, … Read More

The wheels have really come off the wagon of the stock market and Cathie Wood’s ARK Invest has, arguably, seen the most dramatic fall from its parabolic rise, amid the current downdraft in markets. However, the S&P 500 SPX, -1.65% hanging on the precipice of … Read More

““We have no risk of bankruptcy.”” That’s from Brian Armstrong, chief executive and co-founder of cryptocurrency exchange platform Coinbase COIN, -26.40%. In a series of tweets Tuesday afternoon, Armstrong addressed a recent Coinbase 10-Q document filing with the Securities and Exchange Commission that used language detailing risk … Read More

A selloff in a cryptocurrency that was supposed to be pegged to $1 accelerated Wednesday, briefly sending its price to less than a quarter of that value. TerraUSD traded as low as 23 cents Wednesday, according to data from CoinDesk. As of 2:43 p.m. ET, … Read More

The biggest cryptocurrency exchange in the U.S. said it was bleeding users, reflecting continued destruction in the crypto market and investors’ unease about risky assets. Coinbase Global Inc. said Tuesday that it lost hundreds of millions of dollars in the first quarter, sending the stock … Read More

Elon Musk has assembled a group of investors including a Saudi prince, Larry Ellison and a bitcoin exchange to pony up more than $7 billion to back his bid to buy Twitter Inc. Tesla Inc.’s chief executive has received letters committing about $7.14 billion from … Read More