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One Equity Investigated by SEC
Finances

One Equity Investigated by SEC

The Securities and Exchange Commission is investigating whether private-equity firm One Equity Partners’ communications with investors about its past and future performance violated rules. Source

Oddity Prices Closely Watched IPO Above Expectations
Finances

Oddity Prices Closely Watched IPO Above Expectations

Beauty company sells more shares than planned, signaling investors may be ready to write checks for new companies again. Source link

Prologis Boosts Outlook on Record Quarterly Earnings
Business

Prologis Boosts Outlook on Record Quarterly Earnings

The logistics-property giant is building and buying warehouses even as interest rates rise and logistics demand falters. Source link

Morgan Stanley's Profit Falls, Hurt by Lower Trading Revenue
Finances

Morgan Stanley's Profit Falls, Hurt by Lower Trading Revenue

Results show that Wall Street-style businesses like investment banking and trading are still in the doldrums. Source link

Cathie Wood's ARK Writes Down Twitter Stake by 47%
Finances

Cathie Wood's ARK Writes Down Twitter Stake by 47%

Wood is still bullish on Twitter’s long-term outlook and said her fund updates its internal valuations of private companies frequently. Source link

Hong Kong Is Bullish on Crypto. Its Banks Aren't So Sure.
Finances

Hong Kong Is Bullish on Crypto. Its Banks Aren't So Sure.

Crypto CEOs used to talk about disrupting the financial system. Now some of them are struggling to find a bank. Source link

Venture Firms Scale Back Megafunds
Finances

Venture Firms Scale Back Megafunds

The prolonged startup bear market is forcing some venture firms to unwind investments and scale down expansion plans. Source link

Investors Are Bailing on Cathie Wood's ARK Fund
Finances

Investors Are Bailing on Cathie Wood's ARK Fund

Once the largest actively managed ETF, the fund has shrunk to roughly $9 billion. Source link

Binance Lays Off Over 1,000 Employees
Finances

Binance Lays Off Over 1,000 Employees

The giant crypto exchange, is cutting a big chunk of its workforce as it grapples with federal investigations and regulatory crackdowns in the U.S. and

Robinhood’s New Retirement Accounts Put a New Spin on ‘You Only Live Once’
Finances

Robinhood’s New Retirement Accounts Put a New Spin on ‘You Only Live Once’

The phrase “you only live once” is usually taken to mean that life is short, so have fun and take big risks. But if you