. If current trends hold, the new wealth created by generative AI alone will increase the racial wealth gap by $43 billion annually, according to McKinsey.
Stocks making the biggest moves premarket: VF Corp, McDonald’s, Pfizer, PayPal and more
These are the stocks posting the largest moves in premarket trading.
Chinese IPOs in the U.S. and Hong Kong are set to increase next year, analysts say
A few high-profile Chinese listings outside the mainland are adding to expectations for a pickup in initial public offerings next year.
Stocks making the biggest moves after hours: Cadence Design Systems, Ford, Boot Barn and more
These are the stocks posting the largest moves in extended trading.
JPMorgan begins suing customers who allegedly stole thousands of dollars in ‘infinite money glitch’
JPMorgan is investigating thousands of cases related to the glitch, which highlights the risk that social media can amplify vulnerabilities found at a bank.
Bret Taylor’s AI startup Sierra raises funding at $4.5 billion valuation
Sierra, the startup founded by ex-Salesforce co-CEO Bret Taylor, has raised a fresh round of capital that values the company at $4.5 billion.
Stocks making the biggest moves midday: Taiwan Semiconductor, On Semi, Delta Air Lines and more
These are among the stocks posting the largest moves in midday trading.
Stocks making the biggest moves premarket: Exxon, Spotify, Boeing, McDonald’s, TSMC and more
These are the stocks posting the largest moves in premarket trading.
Wise’s billionaire CEO fined £350,000 by UK regulators over failure to report tax issue
Kristo Käärmann, CEO and co-founder of Wise, was ordered by regulators to pay a £350,000 fine due to a breach of senior manager conduct rules.
Foreign investors flock to flagship Saudi economic conference — but face less free-flowing cash
Thousands of financiers, founders and investors are set to descend on the Saudi capital of Riyadh for the eighth edition of the kingdom’s Future Investment Initiative.