Wall Street drifts near its all-time high
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Two of Wall Street’s biggest firms say the AI boom isn’t a bubble, arguing real spending and earnings support the stock market rally even as near-term risks emerge.
With Powell’s Fed term ending, Trump readies a new chair. Analysts eye Kevin Hassett and fear a “shadow chairman” could reshape U.S. monetary policy.
The U.S. stock market is holding stronger as both bond yields and bitcoin stabilize. The S&P 500 rose 0.5% Tuesday, coming off its first loss in six days.
Citigroup Inc. strategists recommend emerging-market investors seek trades cushioning against a potential rebound in the dollar, in contrast with Wall Street peers that expect more weakness for the US currency.
The short-term bears and the long-term bulls can both be right.
Netflix submitted a mostly-cash bid for Warner’s studio and HBO Max. Michael Burry says Tesla is ‘ridiculously overvalued.’ Amazon aims for delivery in 30 minutes.
The S&P 500 had an amazing turnaround in the past week, coming back from one of its worst Novembers. But can it keep the party going?
A group of Democratic state prosecutors seeking to address rising living costs and widespread fraud hired Rohit Chopra, former director of the US Consumer Financial Protection Bureau, to lead the effort.
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Finally, a major Wall Street firm is going against the grain and warning of an AI 'air pocket'
It's not quite as bad as a bubble, but an "air pocket" in stocks can still hurt.
This under-the-radar income stock has paid a dividend under all but three U.S. presidents, and its 209-year streak of continuous payouts is 60 years longer than the next-closest company.