Articles

Chief AI officer: A necessity for companies or an expensive impediment?

CAIOs may have the hottest job in town, but they’re in for some cold truths.

Why investors should look beyond U.S. megacap stocks as interest-rate concerns ease

The “Magnificent Seven” stocks have shown no sign of slowing down so far in 2024. One way to diversify and search for segments with room to grow is to look at international stocks and small-caps, according to UBS Global Wealth Management.

FTC sues to block merger between Kroger and Albertsons

‘Kroger’s acquisition of Albertsons would lead to additional grocery price hikes for everyday goods, further exacerbating the financial strain consumers across the country face today,’ FTC says

Treasury’s $63 billion auction of 2-year notes produces solid outcome, strategist says

Monday’s $63 billion sale of 2-year notes was met with good demand, according to a strategist.

‘I want to do what is right’: My father died without a will. His wife moved out of state — and left me paying the mortgage. 

“She can’t afford the monthly payments. I am second in succession as his only child.”

JPMorgan’s global investment banking chief departs for Citi a month after top rank-reshuffle

Viswas Raghavan moves over to become head of banking and executive vice chair of Citi, while JPMorgan promotes two insiders.

Stock market’s ‘almost unprecedented’ rally, as shown in three charts

Historically, this stock-market rally is nearly off the charts, Deutsche Bank says.

Sales of new homes tick up in January

New-home sales were at a 661,000 annual rate in January, versus 651,000 in the prior month.

Amazon lost nearly $1 billion on its Rivian investment last week, as another analyst downgrades EV maker’s stock

The selloff of Rivian’s stock has been pretty painful to some high-profile corporate investors.

Nvidia’s stock sees one advantage that only two other chip makers share

Nvidia provides an example of how growth investors can miss out if they are fixated on price ratios.

Is Disney lagging on AI? That’s part of an activist investor’s latest critique.

Activist investor Blackwells Capital blasted Disney on Monday for its “mediocrity” on artificial intelligence and augmented reality.

Jack Ma’s Ant Group piles into fight with Citadel for Credit Suisse’s Chinese business: report

Ant Group’s bid follows the end of Beijing’s three-year-long crackdown that has limited the tech giant’s growth
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