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Popular legal AI tool Harvey will now be using leading foundation models from Anthropic and Google, moving beyond strictly using OpenAI's, Harvey announced in a blog post on Tuesday. This is noteworthy because Harvey is one of the OpenAI Startup Fund’s most successful early-backed portfolio companies. The OpenAI Startup Fund is an OpenAI-associated fund to back companies developing products on top of AI technologies, primarily OpenAI's own. While Harvey says it's not abandoning OpenAI, merely ad

Although investor sentiment is turning bullish on optimism that a global recession can be avoided, gold stocks have been a pleasant hedge against market volatility.

The Dow Jones Industrial Average fell 0.6%, and the Nasdaq composite rose 1.6% as AI and other tech stocks led the way. The report on inflation could give the Federal Reserve more leeway to cut interest rates later this year to help the economy, but analysts and economists cautioned that inflation could still run higher in coming months because of President Donald Trump's tariffs. On Tuesday: The S&P 500 rose 42.36 points, or 0.7%, to 5,886.55.

A new report from Morningstar compares the classic 60/40 investment mix to an all-stock portfolio, with surprising results.

The S&P 500 rose around 1% Tuesday, erasing losses for the year.

A pause in the trade feud with China had Tesla investors cheering yesterday. The momentum continued today even amid troubling sales data from China. CEO Elon Musk may be working to tap into a new market on his visit to Saudi Arabia.

(Bloomberg) -- Treasury debt slipped as gains for US stocks reinforced the broadening conviction on Wall Street that Federal Reserve interest-rate cuts are unlikely before December.Most Read from BloombergAs Coastline Erodes, One California City Considers ‘Retreat Now’A New Central Park Amenity, Tailored to Its East Harlem NeighborsWhat’s Behind the Rise in Serious Injuries on New York City’s Streets?Lawsuit Challenges Trump Administration Policy on Migrant ChildrenThe US government bond market

Caterpillar stock rose after Baird analysts upgraded the stock to "outperform" and lifted their price target to $395 following the easing of tariffs on China.

Even as the top digital asset dips below $104K, crypto-linked equities—including Coinbase, Robinhood, and major miners—are flashing green.

NEW YORK (Reuters) -Global hedge funds reaped limited gains from a big Wall Street stock rally triggered by a U.S.-China agreement on tariffs on Monday, a Morgan Stanley note on Tuesday showed. Hedge funds rose 0.60% on average on Monday, underperforming the S&P 500 index, which advanced 3.23% and closed at its highest level since March 26. Morgan Stanley said global portfolios are less invested in the United States than in the last two years, as hedge funds and other investors shifted funds to other regions after U.S. President Donald Trump started a global trade war that shocked financial markets.