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Investment banking divisions expected to shine for traditional Wall Street rivals after year of rising animal spirits
Wall Street's main indexes bounced back on Thursday after a two-day fall, riding a chip-led rally sparked by TSMC's blockbuster results, while investors sifted through earnings from Morgan Stanley and Goldman Sachs to wrap up big banks' reporting season.
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Airlines to save big money on fuel as new weight loss pills gain popularity, Wall Street says
Jefferies argued that a 10% reduction in average passenger weight could translate into roughly 2% total aircraft weight savings.
Goldman Sachs regained its crown as the top investment bank for equities trading in the fourth quarter, ending Morgan Stanley’s three-month period of supremacy over its longtime rival. Goldman reported equities trading revenues of $4.31bn, well ahead of the $3.7bn Morgan Stanley delivered.
Wall Street's investment bankers expect to stay busy this year after reaping a windfall from big-ticket deals and stock market listings in 2025.
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Wall Street pulls back from its records as JPMorgan Chase and Delta kick off earnings season
Wall Street pulled back from its records following a mixed start to the latest profit reporting season for big U.S. companies.
The Cboe Volatility Index, better known as the VIX or Wall Street's "fear gauge," touched its highest level since Dec. 18 on Wednesday, FactSet data showed. The index was up 7.5% at 17.18 in recent trade,
Artificial intelligence (AI) is shaping up to be the most revolutionary technology in at least a decade. Barron's estimates that AI spending accounted for over a third of U.S. economic growth during the first three quarters of 2025, and AI spending is forecast to increase at 31% annually through 2033, according to Grand View Research.
President Donald Trump’s proposal to impose a one-year 10% cap on credit card interest rates is being met with indifference on Wall Street, according to TV host Jim Cramer. Wall Street ‘Doesn’t Seem To Care’ Cramer said Trump has “decided that credit card companies will have to cap rates at 10% for a year,
President Trump’s affordability push ahead of the midterm elections has turned some of the financial sector’s darlings into punching bags.