Tag: Wall Street
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Warren Buffett calls Bill Gates’ actions with Epstein ‘distasteful,’ but people make mistakes
The Berkshire Hathaway chairman left out the Gates Foundation from his annual charitable stock gifts for the first time in 20 years.
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Morgan Stanley posts record quarterly revenue and profit as equities trading surges 69%
Like at peers Goldman Sachs and JPMorgan Chase, a massive beat in equities trading drove the quarter’s outsized results.
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Nasdaq rebounds as cooling US inflation weighs on dollar
JPMorgan CEO Jamie Dimon said the US economy has “demonstrated notable resiliency” despite inflation and higher oil prices.
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Wall Street banks see AI ‘super cycle’ set to boost deals, financing
NEW YORK, July 14 : A rush by technology companies to fund AI infrastructure is boosting dealmaking and financing activity for Wall Street, bankers said on Tuesday, generating lucrative fees from capital raising and loans.Investment banks have reaped strong fees from AI-related deals, including SK Hynix’s $26
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Earnings season plays: Profit expectations are growing for these stocks while their valuations get cheaper
Investors can find opportunities in stocks where declining share prices are pushing valuations below their historical average.
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Warren Buffett excludes Gates Foundation from his annual donations of Berkshire stock
Warren Buffett omitted the Gates Foundation from his annual charitable stock gifts.
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A July rate hike from the Fed? The odds are rising
Chances of a rate hike in July by the Federal Reserve rose as oil prices jumped on the latest developments in the Strait of Hormuz.
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Kalshi launches ‘Pro’ product for users trading multiple markets at same time, perpetual futures
The platform is designed to alleviate problems the company’s most active traders have run into, according to a memo provided to CNBC.
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South Korean chip giant SK hynix surges on first day of trading on Wall Street
SK hynix’s NASDAQ listing raised US$26.5 billion, making it one of the largest stock sales in history.
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SK hynix: From near collapse to AI chip powerhouse behind record US listing
Once on the edge of financial ruin, the South Korean chip giant has rebounded to debut on Wall Street in what is the largest US listing by a foreign company.
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