
Wall Street looks askance at the White House
The uncertainty about who will be the new US president is sure to bring some degree of volatility, but in the medium term investors will be more focused on the economic situation
The uncertainty about who will be the new US president is sure to bring some degree of volatility, but in the medium term investors will be more focused on the economic situation
After founding his own firm in 1999, this former Norwegian military man has amassed a fortune of almost $6 billion
Wall Street’s rally got going with hopes that cooling inflation would get the Federal Reserve to dial down the pressure by cutting interest rates
The bill suggests penalties of up to 20 years for using environmental, social and governance guidelines, and follows in the footsteps of other initiatives taking aim at ‘woke capitalism’
The ‘nearshoring’ narrative, strength of the exchange rate and economic expansion have convinced international markets, which support a historic bond issuance: the $7.5 billion placed this week exceed the total debt issued during the entire 12 months of recent years
Supervisors like the SEC and the ESMA are warning about misleading information regarding companies’ tech capabilities, and working to ensure artificial intelligence does not create a systemic risk for investors down the line
All three stock indexes racked up weeks of gains, but the tech-heavy Nasdaq stands out, rising 43%, its best performance since 2020
For most of the year, gains in the broader market were driven largely by seven stocks — Apple, Microsoft, Alphabet, Amazon, Nvidia, Meta Platforms and Tesla — dubbed the Magnificent 7
The AI chip leader closed the year as the best-performing stock on the S&P 500 index, with a revaluation of more than 200%
Buffett has long said investors are better served focusing on Berkshire’s operating earnings, which exclude the value of its investments that can vary widely quarter to quarter
An increase in Venezuelan oil production may open the door to a debt restructuring, according to the financial sector
JPMorgan, Bank of America, Wells Fargo, Citi and Goldman Sachs earn 20% more in the third quarter of the year
The U.S. primary market is regaining momentum with high-profile IPOs by brands like Arm Holdings, Instacart, Klaviyo and Birkenstock after a long period of dominance by other alternatives
The video game company with which the meme stock phenomenon was born, the subject of the movie ‘Dumb Money,’ has tightened its belt but is operating at a loss
Craig Gillespie tells the story of a large group of small investors who united on social networks to deliver a crushing blow to the stock market investment firms
EL PAÍS spoke with the filmmaker behind ‘Dumb Money,’ the story of the Reddit users who in 2021 made a fortune by ruining investment funds
Vladislav Klyushin, who ran a Moscow-based information technology company that did work for the highest levels of the Russian government, was convicted in February of charges including wire fraud and securities fraud
Big investors often take advantage of crises to place their most lucrative bets
With the UBS settlement, the last remaining outstanding legal case from the Great Recession has now come to a close, the Justice Department said
Pittsburgh-based U.S. Steel said it rejected the offer because Cleveland-Cliffs was pushing it to accept the terms without being allowed to conduct proper due diligence
UniCredit shares closed down nearly 6%, Intesa Sanpaolo fell more than 8.5%, Banco BPM dropped 9%, and BPER and Banca MPS both plummeted almost 11%
The quarterly divided slash comes months after a May 2 report from short-selling firm Hindenburg Research, which claimed that IEP has been using inflated asset valuations
The price cuts, both for special orders and on existing inventory, raised questions from analysts who expect the cuts to reduce Tesla’s profit margins
The financier and philanthropist, who in 1992 staged an all-out attack on sterling that earned him a billion dollars in 24 hours, hands over control of his business to his son Alexander
The 37-year-old, who goes by Alex, told ‘The Wall Street Journal’ that he is ‘more political’ than his 92-year-old father, who has been a right-wing target for his backing of liberal causes such as reducing racial bias in the justice system
Without a political agreement between the Republicans and Democrats, the risk of default looms large, while shocks are guaranteed across the global market. Financial experts are advising clients to buy gold and keep cash on hand
Stocks fell sharply Tuesday, led downward by smaller banks with heavy exposure to uninsured deposits and commercial banks like Western Alliance Bank, PacWest Bancorp, Comerica and Zions Bank