Baron Discovery Fund underperformed its benchmark in Q1 2026, falling 10.65% as compared to a 2.81% decline for the Russell 2000 Growth Index. Among portfolio changes, the fund established new positions in Forgent Power Solutions (NYSE: FPS ) and Enpro (NYSE: NPO ). Portfolio exits during Q1 2026 included Exact Sciences, Masimo (NASDAQ: MASI ), Clearwater Analytics (NYSE: CWAN ), Arcellx ( ACLX ) ...
Baron Discovery Fund underperformed its benchmark in Q1 2026, falling 10.65% as compared to a 2.81% decline for the Russell 2000 Growth Index. Among portfolio changes, the fund established new positions in Forgent Power Solutions (NYSE: FPS ) and Enpro (NYSE: NPO ). Portfolio exits during Q1 2026 included Exact Sciences, Masimo (NASDAQ: MASI ), Clearwater Analytics (NYSE: CWAN ), Arcellx ( ACLX ) and GitLab (NASDAQ: GTLB ). Source . More on Baron Discovery Fund;Retail Baron Discovery Fund Q1 2026 Commentary
DNY59/iStock Unreleased via Getty Images Elon Musk has frequently questioned the value of higher education, but many universities are poised to benefit handsomely from one of his biggest business successes, The Wall Street Journal reported Tuesday. SpaceX's ( SPCX ) upcoming initial public offering is expected to generate substantial gains for college and university endowments that invested in the...
DNY59/iStock Unreleased via Getty Images Elon Musk has frequently questioned the value of higher education, but many universities are poised to benefit handsomely from one of his biggest business successes, The Wall Street Journal reported Tuesday. SpaceX's ( SPCX ) upcoming initial public offering is expected to generate substantial gains for college and university endowments that invested in the company through venture capital firms and private-market funds. Endowment executives say SpaceX ( SPCX ) has become one of the most widely held private investments across higher education portfolios. Several institutions have unusually large exposure to the company. The University of North Carolina system has roughly 10% of its endowment tied to SpaceX ( SPCX ), largely through an early investment with Founders Fund. Washington University in St. Louis reportedly has a mid-teens percentage of its endowment linked to the company, while Stanford University also holds a significant position through multiple venture capital managers. SpaceX's ( SPCX ) valuation has climbed dramatically over the past several years, rising from about $140 billion in late 2022 to roughly $1.77 trillion based on a planned share sale announced last week. The surge reflects the company's expansion beyond rocket launches into satellite internet, social media and artificial intelligence initiatives. The gains could translate into billions of dollars in paper profits for some institutions. However, endowment managers caution that not all of the value will be immediately available. Many endowment assets are legally restricted for specific purposes, and some schools may face lockup periods that limit their ability to sell shares after the IPO. The rapid appreciation has also created portfolio-management challenges. Universities generally seek diversified holdings and may reduce their SpaceX ( SPCX ) exposure after the company begins trading publicly. Some institutions have already sold portions of their s...
Program alumni have raised $375 million and created 1,600 jobs since 2018; 2026 cohort includes founders from MIT, Harvard, Oxford, and veterans of Apple, Amazon, and Boeing 2026 Tampa Bay Wave Tech|X Accelerator Cohort Tampa Bay Wave welcomes 15 startups to 2026 Tech|X Accelerator Tampa, Fla., June 09, 2026 (GLOBE NEWSWIRE) -- Tampa Bay Wave, Inc. (Wave), a leading nonprofit accelerator and entre...
Program alumni have raised $375 million and created 1,600 jobs since 2018; 2026 cohort includes founders from MIT, Harvard, Oxford, and veterans of Apple, Amazon, and Boeing 2026 Tampa Bay Wave Tech|X Accelerator Cohort Tampa Bay Wave welcomes 15 startups to 2026 Tech|X Accelerator Tampa, Fla., June 09, 2026 (GLOBE NEWSWIRE) -- Tampa Bay Wave, Inc. (Wave), a leading nonprofit accelerator and entrepreneurial support organization, is dedicated to fostering groundbreaking technologies and scaling h
Petrobras secures access to eight offshore blocks in the Ivory Coast, a move that could accelerate exploration in one of West Africa's rising energy hubs.
Petrobras secures access to eight offshore blocks in the Ivory Coast, a move that could accelerate exploration in one of West Africa's rising energy hubs.
Many Americans retire without any savings at all. If you've managed to retire with a $2 million nest egg, that's an accomplishment to celebrate. But does having $2 million in retirement savings guarantee a comfortable lifestyle? Let's find out. Image source: Getty Images. Continue reading
Many Americans retire without any savings at all. If you've managed to retire with a $2 million nest egg, that's an accomplishment to celebrate. But does having $2 million in retirement savings guarantee a comfortable lifestyle? Let's find out. Image source: Getty Images. Continue reading