Goldman Sachs CEO David Solomon has taken his lumps in the past year, but hope is building for a turnaround.
Category: Finance News
Jack Ma is praising Alibaba. Wall Street is more cautious
Alibaba shares got a boost last week from news founder Jack Ma is pleased with the company’s turnaround so far.
‘Buffett really was not a great stock picker’: Financial researcher Larry Swedroe on how investors can emulate the billionaire investor
Larry Swedroe, who’s considered one of the market’s most esteemed researchers, thinks Warren Buffett’s investment style doesn’t work well anymore.
Surging inflation fears sent markets tumbling and Fed officials scrambling
The early data is in for the path of inflation during the first three months of 2024, and the news so far is not good.
Stocks making the biggest moves midday: Globe Life, JPMorgan, Zoetis, Wells Fargo and more
These are the stocks posting the largest moves in midday trading.
Beyoncé bounce: Western boot sales jump more than 20% week over week since ‘Cowboy Carter’ launch
The iconic shoe is getting a lift from Beyoncé’s latest album.
BlackRock’s Larry Fink sees Fed cutting rates twice this year but missing 2% inflation goal
The head of the world’s largest money manager said it’s unlikely the central bank will hit its 2% goal anytime soon.
90% of qualifying electric vehicle buyers opt for $7,500 ‘new clean vehicle’ tax credit as upfront payment, Treasury says
Most qualifying buyers of new electric vehicles choose to get their tax break as an advance payment instead of waiting until tax season.
Cathie Wood takes a stake in OpenAI, saying it’s at the forefront of a ‘Cambrian explosion’ in AI
In a Thursday email to clients, the St. Petersburg, Florida-based asset manager said her ARK Venture Fund has invested in OpenAI as of Wednesday.
Stocks making the biggest moves before the bell: JPMorgan, BlackRock, Globe Life and more
These are the stocks posting the largest moves in premarket trading.