Wall Street drifts near its all-time high
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Not a 'bubble,' but maybe an 'air pocket': Wall Street says it's time to reset the AI narrative
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 lofty valuation is fueling volatility, and the stock will likely fall dramatically at some point over the next year or so. Over the long term, however, Palantir's accelerating revenue and profit growth will likely drive huge gains. 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.
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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.