Investment strategy

This AI-powered financial advisor has quickly gained $20 billion in assets

An automated financial advisor called PortfolioPilot has quickly gained $20 billion in assets in a possible preview of how disruptive…

Warren Buffett’s Berkshire Hathaway sells Bank of America for a ninth straight day

Berkshire Hathaway’s selling streak in its big Bank of America stake has extended to nine straight days, suggesting that Warren…

Bill Ackman’s IPO of Pershing Square closed-end fund is delayed, NYSE says

Billionaire investor Bill Ackman is delaying the highly scrutinized listing of Pershing Square’s U.S. closed-end fund, according to a notice…

Why the new spot ether ETFs may ‘be a hit’ despite recent weakness

It’s a historic week for the cryptocurrency markets with spot ether exchange-traded funds making their debut. Franklin Templeton is one…

Berkshire Hathaway dumps $2.3 billion of Bank of America shares in a 6-day sale

Berkshire Hathaway dumped more Bank of America shares this week, making it six straight trading days that Warren Buffett’s conglomerate…

A Silicon Valley executive had $400,000 stolen by cybercriminals while buying a home. Here’s her warning

After a yearlong search, Rana Robillard was elated to learn she’d beaten three other bidders for a house in the…