Browsing: Wall

Wall Street’s biggest banks just posted a record first half, turbocharged by stock trading, dealmaking, and financing tied to the AI boom

F/m Investments’ Washington, D.C., office is just a short drive from the Federal Reserve’s headquarters. But under the central bank’s new leadership, CEO Alexander Morris has found the distance feeling far greater

A brutal tech selloff swept across Wall Street in the trading week ending July 17, hammering semiconductor stocks after their record-breaking rally as investors rushed to take profits on growing fears that hyperscaler AI investment is losing momentum and low-cost Chinese AI models could erode pricing power. 

The S&P 500 and Nasdaq hit multi-week lows on Friday as investors reassessed this year’s AI-fueled rally, triggering volatility in chip stocks, while a new AI model from China further soured sentiment

Netflix shares plunged into the red at the opening bell on Friday as Wall Street digested a lackluster second quarter earnings report. The streaming giant’s third-quarter revenue outlook missed expectations, and management offered little to reassure investors about slowing growth and engagement trends

Truth Social plans to sell Wall Street firms ‘fast’ access to president’s posts July 16, 202603:09

A phone screen displays the Truth Social app in Washington, DC, on February 21, 2022. See all topics

U.S. Treasury yields edged higher on Thursday as Wall Street awaits key employment data due later in the session. 

The Depository Trust and Clearing Corporation on Wednesday will complete a set of financial transactions using digital versions, or “tokenized,” of assets held at The Depository Trust Company, the company announced

The artificial intelligence (AI) revolution is in full swing, and several companies are capitalizing on it. The list includesAdvanced Micro Devices (NASDAQ: AMD). Investors have taken notice: The company’s shares have soared over the past 12 months. But have they risen too much, too fast? Some Wall Street analysts certainly think so. Based on its…