Boaz Weinstein would offer Sculptor Capital Management Inc. clients the chance to join his investment in the money manager under the same terms as his billionaire backers, according to people familiar with the plan.
For stock investors for much of this year, the trillion-dollar AI promise has masked a big threat in this era of Federal Reserve hawkishness: Real-world borrowing costs have jumped across Corporate America.
Wall Street analysts are souring on Frontier Group Holdings Inc. as a stark decline in traveler demand and elevated fuel costs worsen the airline’s earnings outlook.
As the $69 billion deal between Microsoft Corp. and Activision Blizzard Inc. looks ever more likely to win approval in the UK, the gap between the video-game maker’s stock price and takeover offer is narrowing.
A look at what investors will be watching in the upcoming week.
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