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China’s Passive Equity Assets Exceed Active Ones for First Time

(Bloomberg) -- Chinese stocks managed by passive funds have overtaken the size of those under actively-managed peers, marking a major...

62% of Warren Buffett’s $313 Billion Portfolio Is Invested in These 4 Magnificent Stocks

Arguably no money manager garners more attention on Wall Street than Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) CEO Warren Buffett. During...

Goldman Sachs Is Forecasting a Dead Decade for the S&P 500. Should You Sell Your Stocks?

The S&P 500 (SNPINDEX: ^GSPC) is on track for a banner year in 2024. The broad-market index had its best...

Philips cuts annual sales outlook as China demand deteriorates

By Bart H. Meijer AMSTERDAM (Reuters) -Philips said on Monday that demand in China slumped significantly in recent months, forcing...

Asset managers roll out new ETFs to tap in to AI buzz

By Suzanne McGee (Reuters) - Exchange-traded funds focused on artificial intelligence are proliferating as asset managers offer investors new ways...

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