Core Viewpoint - Alibaba's stock price has experienced a strong rally in Hong Kong following an increase in target price by JPMorgan analysts, marking the highest trading level since August 2021 [1] Group 1 - Alibaba shares have jumped for four consecutive weeks [1] - The stock is currently trading at its highest level since August 2021 [1]

Core Insights - Morningstar has launched the Morningstar PitchBook US Modern Market 100 Index, which tracks 100 top public and private market companies, including 90 publicly traded and 10 venture-backed firms like SpaceX and OpenAI [1][2] Group 1: Index Structure and Purpose - The index's 90/10 mix reflects the actual structure of the modern equity landscape, utilizing secondary market transactions for private equity data and official exchanges for public companies [2] - The inclusion of private companies in investment portfolios is essential, as they represent some of the fastest-growing and most dynamic companies [3][4] Group 2: Investment Accessibility - Retail investors face challenges in buying shares of private companies due to securities laws that restrict private firms from selling securities to the general public [5] - Investment in private companies is generally limited to accredited investors, who are defined as individuals or entities with a net worth of at least $1 million, excluding their primary residence [6] Group 3: Types of Private Investments - Private investing can take various forms, including angel investing for early-stage startups, venture capital for growth support, and late-stage investments known as private equity investing [7]

Core Insights - Morningstar, Inc. (NASDAQ:MORN) is identified as one of the 12 High-Risk High-Reward Growth Stocks to consider for investment [1] - The company reported a revenue increase of 5.8% year-over-year to $605.1 million in Q2 2025, driven by strong performance from its PitchBook and Morningstar Direct platforms [2] - Morningstar launched the Morningstar PitchBook US Modern Market 100 Index, the first index to track both public and private market companies, enhancing its position in investment research [3] - The company announced the acquisition of the Center for Research in Security Prices (CRSP) for $375 million, gaining access to CRSP Market Indexes that benchmark over $3 trillion in U.S. equities [3] - Despite a beta of 1.01 indicating market sensitivity, the consensus upside potential for Morningstar is 37.07%, making it a strong growth stock contender [4] - Morningstar, founded in 1984 and based in Illinois, provides a wide range of investment research and management services, becoming a key source of independent analysis for various investors [5]

Core Viewpoint - Morningstar has announced the acquisition of the Center for Research in Security Prices (CRSP) from the University of Chicago for $375 million, aiming to enhance its index business capabilities and strengthen its position as a leading global index provider [2][4]. Group 1: Index Business Development - CRSP, established in 1960, is a reputable academic research center under the University of Chicago's Booth School of Business, known for providing high-quality financial data and market indices [4]. - The CRSP Market Indexes, which serve as performance benchmarks for over $3 trillion in U.S. equity assets, will be integrated into Morningstar's index ecosystem, catering to the growing demand for passive investment tools [4][5]. - The acquisition will combine CRSP's index system with Morningstar's global business reach, aiming to offer a broader and more precise range of index options for global investors [5]. Group 2: Strategic Insights - Morningstar's global CEO, Kunal Kapoor, emphasized that integrating CRSP's trusted data validation processes and robust index construction methodologies aligns with the company's mission to provide high-quality, data-driven tools for investors [6]. - Madhav Rajan, Dean of the Booth School of Business and Chairman of the CRSP Board, noted that the collaboration will leverage Morningstar's industry insights and global experience to unlock CRSP's potential [6]. Group 3: Company Overview - Morningstar, Inc. is a leading investment research firm with operations across North America, Europe, Australia, and Asia, providing financial information, analysis, and ratings for various investment products [7]. - As of June 30, 2025, Morningstar manages and advises on approximately $352 billion in assets, operating in 33 global markets [7].

Group 1 - Morningstar, Inc (NASDAQ: MORN) has experienced a total return of -30% in 2025, indicating poor recent performance [1] - Despite the recent decline, Morningstar shares have achieved an impressive total return of 1,210% since the company's inception [1]

Group 1 - Morningstar, Inc (NASDAQ: MORN) has experienced a total return of -30% in 2025, indicating poor recent performance [1] - Despite the recent decline, Morningstar shares have achieved an impressive total return of 1,210% since the company's inception [1]

Group 1 - Morningstar announced the acquisition of CRSP for $375 million, which will strengthen its position as a leading global index provider [1]

Core Insights - Morningstar has announced an agreement to acquire CRSP, which is recognized as a leading provider of historical stock market data and indexes [1] Company Summary - The acquisition of CRSP by Morningstar is expected to enhance Morningstar's data offerings and strengthen its position in the financial services industry [1]

CHICAGO--(BUSINESS WIRE)--The board of directors of Morningstar, Inc. (Nasdaq: MORN), a leading provider of independent investment insights, today declared a quarterly dividend of 45.5 cents per share, consistent with the dividend paid in July. The dividend is payable Oct. 31, 2025, to shareholders of record as of Oct. 3, 2025. Please contact investors@morningstar.com with any questions. About Morningstar, Inc. Morningstar, Inc. is a leading provider of independent investment insights in North. ...

Core Insights - Morningstar, Inc. published findings from its fourth annual Voice of the Asset Owner survey, indicating a shift in asset allocation strategies among investors [1] - The survey highlights increasing disparities in ESG (Environmental, Social, and Governance) approaches and environments globally [1] - There is notable progress and innovation in climate-related investing, reflecting a growing focus on sustainability [1] - The demand for more standardized and higher quality ESG indexes, data, and investment tools is on the rise [1]