Lu Wang

It's the latest attempt by Wall Street to market sophisticated investment concepts to the masses. While portable alpha strategies have delivered solid risk-adjusted gains in good times, they burned pensions and endowments alike in 2008 when leveraged and illiquid wagers backfired.

Abstract: We find that the cross-entropy loss curves of neural language models empirically adhere to a scaling law with learning rate (LR) annealing over training steps ( s L

The Big Tech boom is causing headaches for all-powerful index providers on Wall Street, who can send billions of benchmark-tracking dollars on the move with just a stroke of the pen.

Updated · (Bloomberg) — The Big Tech boom is causing headaches for all-powerful index providers on Wall Street, who can send billions of benchmark-tracking dollars on the move with just a stroke of the pen.

Dovish Fed helps markets bounce back from early-August rout Data on jobs, manufacturing will test faith of economic bulls

Up 25% in the past 12 months, the S&P 500 has never climbed this much in the run-up to the first interest-rate cut of an easing cycle, seven decades of data compiled by Ned Davis Research and Bloomberg show.

It's no secret that the index-fund revolution is shaking up Corporate America, as the likes of BlackRock and Vanguard Group become ever-more dominant investors in the world's biggest companies.

Index-tracking stock funds with $350 billion in assets are due for a big revamp later this month, after S&P Dow Jones Indices retooled its rules to curb the dominance of the largest companies.

Index provider adopts fresh capping method after consultation Changes to fuel $31 billion of trades, Piper Sandler estimates

Stocks resume selling after decoupling from bonds, commodities JPMorgan model shows a wide range of recession odds in assets