Big banks’ record Wall Street profits are increasingly tied to AI
Wall Street’s biggest banks just posted a record first half, turbocharged by stock trading, dealmaking, and financing tied…
AI stock frenzy drives record revenue at Morgan Stanley, capping big bank earnings blowout
An AI-powered trading and dealmaking binge boosted profits 58% at Morgan Stanley (MS) in the second quarter. On…
SpaceX and other mega AI deals are lifting big bank profits. CEOs say more are coming.
Wall Street’s biggest banks are taking a victory lap this week after a global AI boom fueled one…
What’s at stake as China prioritises household spending in new five-year plan
Beijing has elevated household spending to a higher strategic priority, rolling out the country’s first stand-alone five-year plan…
Goldman Sachs profits soar amid roaring Wall Street activity
Goldman Sachs (GS) said Tuesday that profits soared 78% in the second quarter, fueled by a windfall of…
Oil slips below $72 as U.S.-Iran talks advance
(Bloomberg) — Oil prices declined Tuesday as positive signals from indirect U.S.-Iran talks eased concerns over disruptions to…
Here’s Why 3M (MMM) is Among the 12 Most Profitable S&P 500 Stocks to Invest In
3M Company (NYSE:MMM) is one of the 12 Most Profitable S&P 500 Stocks to Invest In. On June…
As China plans for demographic crisis, some sectors see opportunity
As China moves towards becoming one of the world’s fastest-ageing economies – a trend causing worry over future…
The copper crunch: inside the US-China battle for a critical global supply chain
As China and the United States compete for leadership in AI, energy and other strategic sectors, a quieter…
Big Tech’s $750 Billion AI Debt Binge Means Investors Now Have to Watch the Bond Market
Quick Read META raised its 2026 capex guide to $135 billion while GOOGL issued $55 billion in bonds,…
Students are Ditching Computer Science as AI Job Fears Grow
Goldman Sachs has found the first clear evidence that college students are steering away from majors exposed to…
Here’s What JPMorgan Thinks of Alibaba Group Holding Ltd (BABA)
Alibaba Group Holding Ltd (NYSE:BABA) is one of the best falling stocks to invest in, according to analysts.…