Economy
Goldman Sachs partner sends urgent warning on what AI could destroy
Here’s a scenario worth thinking about. You hire a brilliant junior analyst. Instead of learning to build financial models from...
Schwab SCHD draws $679M as dividend ETF climbs 2.39%
The Schwab U.S. Dividend Equity ETF (SCHD) pulled in $679.26 million over five trading days as its share price climbed...
Jane Street turns bullish on volatile AI stock
Wall Street trading giant Jane Street Capital just made a big bet on one of the market’s most unpredictable AI...
The winners in China’s missile leap
On Aug. 22, the U.S. Navy pulled the cover off a new missile called AIM-424 Malice, built by Raytheon Technologies...
Target faces new political obstacle on its road to recovery
Just when it seemed like Target had turned the page on its controversies, a powerful new advocacy group is taking...
Nvidia just sent a huge signal to investors ahead of earnings
Nvidia has spent the past two years building the hardware behind almost every major AI breakthrough. Increasingly, it has also...
Walmart sales miss hides bigger shift in business
Walmart shoppers are increasingly treating the world’s largest retailer like an e-commerce company, and that is beginning to change the...
After Burry ditched Alibaba for JD, Alibaba proved his point
Investors have a habit of forgiving conviction calls that come too early. Michael Burry has spent the past two years...
Bill Ackman’s Pershing Square invests $1.1B in fintech giant
When Bill Ackman’s Pershing Square Capital Management puts capital to work, Wall Street pays attention. The billionaire investor’s firm just...
Bessent just made his case against debt-cutting
Every household that has ever carried a balance knows there are only two ways out. You spend less, or you...
