Wall Street, AI
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Wall Street waffles around its records
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17hon MSN
Meta’s stock slide erases $215 billion in market value, as Wall Street pans ‘runaway’ AI spending
Meta’s spending is hard to rationalize, some analysts say, as it’s uncertain whether heavy investments into the metaverse will generate compelling returns.
11hon MSN
US stocks sink as Wall Street sees both good and bad in Big Tech profits, US-China relations
Asian shares have retreated after President Donald Trump's meeting with Chinese leader Xi Jinping. Trump said the meeting was “amazing” and had resolved many issues.
Chipotle's stock tumbled after the company cut its full-year forecast for same-store sales. At least five Wall Street analysts have lowered their price targets for shares of the chain after it reported third-quarter earnings.
Top executives from across Wall Street dismissed fears of a brewing credit crisis — even as some of the industry’s biggest names set aside hundreds of millions more to cover potential losses.
Wall Street was trending lower in early Thursday trading after U.S. President Donald Trump said he was dialing back some of the tariffs imposed on China following a meeting met with Chinese leader Xi Jinping.
Traders and investors watch the markets look for clear direction on Wednesday after the FOMC announced a 25-basis point rate cut.
Analysts at TD Cowen recently called Frost “perhaps the best run bank in the nation” based on its ability to offer investors “stronger than peer growth.”
With almost two decades as CEO, he’s turned JPMorgan into a colossus of capitalism. But as he approaches 70, the question now is: Who will succeed him?
Wall Street is mixed on Thursday as Meta ( META) and Microsoft ( MSFT) earnings failed to impress investors. Market focus now has shifted to Apple ( AAPL) and Amazon ( AMZN) ahead of their reports, while traders also digest the latest updates from U.S.-China trade talks.