Wall Street

Wall Street giants like Goldman Sachs and UBS think AI investments will continue to grow in the coming years as the AI revolution transitions to Phase 3 of companies monetising the technology to boost revenue streams.

Microsoft is facing a wide-ranging antitrust probe, while Warren Buffett's Berkshire Hathaway shares could be overvalued, according to the Oracle of Omaha himself.

BofA's former head of Financial Institutions Group, Gary Howe, is known for enforcing long working hours on junior bankers under him, which potentially played a role in the death of an ex-Green Beret who joined the bank to support his family.

Bill Perkins doesn't plan on leaving anything to his two children as an inheritance, believing that giving them money earlier in life can have a meaningful impact.

Boeing has trimmed delivery and production of its 737 Max fleet, while Broadcom's quarterly revenue jumped 34% YoY on high chip demand for AI data centres.

By bridging the gap between Big Tech and finance, these recruiters are driving innovation and efficiency on Wall Street. This promises a tech-driven future for finance.

JPMorgan CEO Jamie Dimon thinks the odds of a recession are higher than people think despite markets reaching record highs and the consensus rooting for a sustained bull run.

Employees of Bank of America have reported working 100-hour work weeks, leaving their posts due to a toxic work environment and feeling depleted.

Two of the world's largest paper and packaging producers are in discussion to merge into a combined entity named Smurfit WestRock, with its global headquarters in Dublin, Ireland.

European markets fell in the red after starting the day in the green.

Most European indices closed down as well, including the FTSE 100 in London which dipped into the red after earlier gains.

Markets are looking ahead to Wednesday's release of key consumer price data

U.S. stocks turned sharply lower and benchmark Treasury yields dropped on Tuesday as disappointing earnings and soft economic data stoked recession fears, sending investors fleeing riskier assets for safe havens.

Earlier this week, the US received encouraging economic indicators. However, analysts are considering the pros and cons as Chinese growth also beat expectations.

U.S. stock indexes clawed back from steep losses to a mixed close on Monday as investors digested Friday's employment report and prepared for an eventful week of inflation data and bank earnings.

Wall Street bounced but European markets wobbled Thursday as investors weighed fresh interest rate hikes by central banks and signs of a possible pause in US monetary tightening following turmoil in the banking sector.

Wall Street looked set to open higher on Tuesday after consumer prices in the world's largest economy rose in line with expectations, bolstering bets of a smaller interest rate hike by the Federal Reserve at its next meeting.

Markets sank Wednesday, the dollar held big gains and oil struggled to recover from hefty losses after Federal Reserve boss Jerome Powell opened the door to a quicker pace of interest rate hikes as officials battle to tame inflation.

Arm Ltd, the British chip designer owned by Japan's SoftBank Group Corp, is likely to aim to raise at least $8 billion from what is expected to be a blockbuster U.S. stock market launch.

U.S. prosecutors on Friday urged a judge to sentence former Goldman Sachs banker Roger Ng to 15 years in prison after he was convicted of helping loot billions of dollars from Malaysia's 1MDB sovereign wealth fund.

Asian shares nudged higher on Tuesday, tracking small gains on Wall Street.

A new report into the current market landscape by Hargreaves Lansdown's Susannah Streeter suggests a potentially bleak future ahead on Wall Street.

Some 293 companies are currently registered to go public, up 39 percent compared to this time last year

Global shares edged higher on Tuesday, tracking a rebound on Wall Street ahead of a key U.S.

Online travel booking company Expedia Group Inc missed Wall Street estimates for fourth-quarter profit on Thursday, hit by a spike in cancellations and bad weather near the end of the quarter.

U.S. main stock indexes rose on Thursday with Disney and Salesforce boosting the blue-chip Dow index, while data showing a rise in weekly jobless claims helped ease concerns about the Federal Reserve's rate-hike path.

U.S. stock indexes looked set to open lower on Wednesday as investors worried the Federal Reserve would keep hiking interest rates this year, while Microsoft rose after laying out its AI push.

Cigna Corp beat Wall Street estimates for quarterly profit on Friday, aided by a sharp fall in medical costs due to lower COVID-19-related hospitalizations.

Global stock markets slid Tuesday as Wall Street weakness offset positive economic data, while investors looked ahead to key interest rate decisions due this week.

Comcast Corp's fourth-quarter revenue beat Wall Street expectations on Thursday, as the media company saw continued demand at its theme parks and experienced modest gains in broadband subscribers outside of regions hit by Hurricane Ian.