The vast majority of active managers underperform their risk-adjusted benchmarks.  How come so few fund managers beat the market?

That lofty valuation makes Chime the most valuable American fintech start-up serving retail consumers.

The newly created lender, which will keep the CaixaBank brand, will have assets of more than 664 billion euros, the companies said.

The decline continues a trend of the last three years, reversing a flurry of mergers and acquisitions by Chinese conglomerates in the U.S. that included purchases such as the Waldorf Astoria in New York.

These are the stocks posting the largest moves in the premarket, including Oracle, Tesla, Home Depot, Beyond Meat, and more.

Many companies this year have had first-day pops bigger than Snowflake. 

Warren Buffett’s Berkshire Hathaway made the investment despite his aversion to IPOs.

Larry Fink doesn’t think 100% of employees will ever return to the office.

Details of the pressure the New York-based bank faced from its activist investor hadn’t been reported until now. The lessons from this episode will likely inform how Corbat’s successor interacts with the bank’s large investors.

These are the stocks posting the largest moves before the bell, including Snowflake, Carnival, Tesla, Moderna, and more.