The hedge fund industry’s biggest stars are looking beyond money when they plot their career moves, according to IDW Group founder and Chief Executive Officer Ilana Weinstein. After a year or two... Read more »
The stock market is starting to show signs of a “leadership rotation,” meaning that some previously overlooked sectors hold promising investment opportunities — including some notably “old economy” stocks — according to... Read more »
As a retirement economist — not to be confused with a retired economist, which are rare — I often find myself talking to Wall Street types who happen to be in charge... Read more »
The window for interest rate cuts may be closing. On the eve of the Federal Reserve’s two-day policy meeting, Wall Street forecaster Jim Bianco believes the central bank will likely stay on... Read more »
Bitcoin may start to lose its reputation as a volatile asset. According to Bitwise Asset Management’s Matt Hougan, the cryptocurrency’s wild price swings have come down substantially over the past decade. “What’s... Read more »
Cathie Wood is a lot of things to a lot of people in St. Petersburg, Florida. Her Ark Investment Management is the lead tenant on a state-of-the-art startup incubator. She’s partnered with... Read more »
JPMorgan Chase CEO Jamie Dimon endorsed Disney CEO Bob Iger in his proxy battle with activist Trian Partners, CNBC’s David Faber has learned. Dimon gave the following statement on Iger to Faber:... Read more »
Good morning. Stocks struggle for direction after another record day on Wall Street and Ken Griffin becomes the latest big hitter to tell the Fed to move cautiously on rate cuts. Here’s what’s... Read more »
U.S. equities aren’t the only ones on a bull run — the Japanese stock market is also enjoying an upward climb. Last week, Japan’s benchmark Nikkei 225 Index hit its highest level... Read more »
An Alaska airlines Boeing 737 is taking off from Los Angeles International AirPort (LAX) in Los Angeles, California, on March 6, 2024. Daniel Slim | Afp | Getty Images The Justice Department... Read more »
Check out the companies making headlines in extended trading. Nvidia — The chip giant saw shares climb more than 8% in after-hours trading on the back of record quarterly revenue driven by... Read more »
In a low-key second-floor office in the heart of Dubai’s bustling financial center, bankers working for Moelis & Co. are busier than ever — so much so that the firm has had... Read more »
Wall Street’s biggest AI darling is about to report earnings next week, and the results may show whether the mega-cap fueled market rally is justified as investors deliberate the path forward for... Read more »
Goldman Sachs Group Inc. boosted David Solomon’s compensation 24% to $31 million for a year when earnings slumped at the Wall Street giant. The board lifted the chief executive officer’s pay after... Read more »
Evercore ISI’s Julian Emanuel thinks Nvidia’s monster rally is fueling a fear of missing out in the market. He finds clients, including many who traded through the dot-com boom and subsequent collapse,... Read more »
Penn Entertainment’s ESPN Bet sports betting service could prove to be a winner at the Super Bowl on Sunday — helped by the Taylor Swift effect, according to Bank of America. “While the... Read more »
Investors may want to consider putting money to work in a lagging part of the market. According to VanEck CEO Jan van Eck, oil stocks are getting a raw deal. “The [oil]... Read more »