What you need to know on Wall Street today

pulse

July 19, 2017 5:50 PM

Hello. Here's what you need to know on Wall Street today.

Morgan Stanley CEO James Gorman

Welcome to Finance Insider, Business Insider's summary of the top stories of the past 24 hours.

That makes two quarters in a row.

Baupost Group, a $30 billion hedge fund, has laid out a road map for market chaos. In a second quarterly private letter that was reviewed by Business Insider, Baupost said that the problem lies with a signature feature of current markets: low volatility.

Betterment has taken its first step into one of the hottest areas of investing. And the head of Yale's $26 billion endowment is calling out Wall Street.

Here's the inside story on the decades-long quest to bring down financial information giant Bloomberg.

Jeff Gundlach trolled Chipotle after its latest food scare. Chipotle have been doing it all wrong's the best way to trade the market's hottest stocks.

BP is thinking about an IPO for its US pipeline assets. here's how it compares to other popular startups. And here's what it's like behind the scenes at QVC —the retail powerhouse that plans to buy rival HSN for $2.1 billion.

And here's how the CEO of a $50 billion drugmaker sees tech companies "disrupting" healthcare.

Lastly, here are 21 of the world's most beautiful restaurants.

pulse