Wall Street Bank Moelis Bet Big on Middle East. It’s Now Cashing In

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 »

Nvidia earnings, Fed minutes on deck next week as Wall Street assesses interest rate outlook

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 »

What Is Goldman Sachs CEO Paid? David Solomon Gets $31 Million for 2023 (GS)

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 »

Nvidia rally fueling FOMO in overall market: Evercore’s Julian Emanuel

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 »

Taylor Swift will lead to more Super Bowl betting, especially at one sportsbook: analyst

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 »

Oil stocks should be popular like semis, but no one cares: VanEck CEO

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 »

Hedge Funds to Share More on Their Strategies Under SEC Rule

US regulators will begin requiring hedge funds to confidentially share more information about their investment strategies. New rules approved on Thursday will require firms to provide more details with watchdogs, including investments,... Read more »

NYU’s ‘Dean of Valuation’ says Nvidia is ‘particularly overpriced’

New York University’s Aswath Damodaran said Nvidia is overpriced, even when compared with the rest of the so-called ” Magnificent Seven ” companies. “They were amazing buys at some point in time,”... Read more »

These stocks are expected to have the wildest moves this week

It’s time to buckle up: Investors holding these stocks could be in for a wild ride this week. A review of companies set to report earnings this week shows that some names... Read more »

Too exposed to Big Tech? These ETFs may help broaden out your risk

Big Tech’s market dominance may push more investors to equal-weight exchange-traded funds, according to VettaFi’s Todd Rosenbluth. “Investors are getting nervous that too much money is concentrated in a handful of stocks... Read more »

Wall Street heads into the week ahead as traders worry the rally is running out of steam

Wall Street continues to climb a wall of worry even as investors deliberate how much longer equities can maintain their record run. The stock rally continued on Friday , with the major... Read more »

Ken Griffin and Ja Rule Converge in Miami as Power Meets Glamour

No one in New York or LA orders a Carlyle Fresco. Source link Read more »

META, AMZN, AAPL and more

Check out the companies making headlines after the bell . Amazon — Shares gained nearly 10% after the e-commerce giant reported fourth-quarter results that exceeded analysts’ expectations . Amazon reported earnings of... Read more »

Are Remote Workers More Likely to Be Laid Off?

It’s time for some real talk about remote work: It’s getting riskier for your career. My fingers didn’t want to type those words. Like many, I thrive from home. I’m focused, efficient,... Read more »

Blackstone Hires Thomas Nides, Ex-Israel Ambassador and Morgan Stanley Alum

Blackstone Inc. is hiring Washington and Wall Street power broker Thomas Nides, bringing on the former diplomat as the firm navigates its growing reach as a $1 trillion powerhouse. Nides, 62, will... Read more »

Stock market to ‘nowhere?’ Experts see more trouble ahead in China

China may have trouble attracting investors again this year. ETF Action’s Mike Akins sees challenges tied to the country’s ability to generate stock market returns. “It’s kind of the old cliché. Fool... Read more »

Why weakness in small caps may be a short-term setback

Small cap stocks may be on the cusp of a turnaround. According to Fairlead Strategies market technician Katie Stockton, the Russell 2000‘s underperformance so far this year is likely a near-term setback.... Read more »

Morgan Stanley Pays James Gorman $37 Million for His Final Year as CEO

Morgan Stanley increased James Gorman’s compensation 17% for his final year as chief executive officer, boosting his pay to $37 million. Three-fourths of Gorman’s bonus will be paid in deferred stock over... Read more »

Stocks making the biggest moves after hours: IRBT SMCI, PPG, JBHT

Check out the companies making headlines after the bell : PPG Industries — Shares of the paint and coatings firm slid 1% after PPG Industries issued guidance for first-quarter earnings that came... Read more »