News

Here's what to expect from Fed chair nominee Kevin Warsh's Senate hearing Tuesday

In a much-anticipated hearing before the Banking Committee, the former Fed governor will face questioning over a variety of subjects

JPMorgan expands $1.5 trillion economic security splurge into Europe

The banking giant is looking to invest in areas deemed critical to economic security, including defense and AI.

AST SpaceMobile shares drop after its satellite is placed in wrong orbit by Bezos' Blue Origin

Blue Origin acknowledged the satellite was placed in the wrong orbit, but has not commented since it was deemed lost.

AI startup Cursor in talks to raise $2 billion funding round at valuation of over $50 billion

Artificial intelligence startup Cursor in talks to raise a $2 billion fundraising round at an over $50 billion valuation, which does not include the investment.

Software stock dogs have joined market rally. There's a classic investing lesson in the rebound

In a 2026 market that had Microsoft down close to 20%, looking for opportunities to buy after big drawdowns is coming to more tech and software stocks.

Here are 3 forces that drove a remarkable, record-setting week on Wall Street

The S&P 500 closed above 7,100 for the first time as it completed its fastest turnaround since 1990.

If a violent downturn strikes the market, new ETF strategies may be vulnerable. Here's why

Innovation in the exchange-traded fund industry could come at a cost to investors during extreme volatility.

Retail traders pile into Allbirds after odd AI pivot. History shows it won't end well

This surge of speculative buying reflects a broader return of animal spirits among small traders.

Goldman Sachs bond traders stumbled as Wall Street rivals thrived: 'A fire is being lit under' them

Goldman's identity as a trader's firm — one expected to perform in turbulent markets — makes any stumble in the division notable.

Regulators are reportedly zeroing in on suspicious trades ahead of market-moving Trump post

The information sought includes so-called Tag 50 identifiers, which can be used to determine who was behind the trades.

Morgan Stanley tops estimates as trading revenue exceeds expectations by $1 billion

Morgan Stanley's results in the quarter were powered by the firm's fixed income and equities trading operations, which produced about $8.5 billion in revenue.

Bank of America tops estimates as CEO Brian Moynihan says consumer banking is 'healthy'

Bank of America, the second-largest U.S. bank by assets, has topped expectations for earnings per share for 23 consecutive quarters.
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