Defensive stocks have been underperforming the market for too long—and they also look reasonably valued. Signs of a comeback ...

In aggregate, equity fund managers hold about 3.8% of their portfolios in cash, down from almost 5% early this year, ...

In a press release, Microsoft opened a window on how much it has invested in OpenAI. It also offers a look at the AI developer’s significant losses.

Morgan Stanley is acquiring a firm that operates a well-known platform for trading shares of privately held companies such as ...