Nikkei 225, Kospi, Hang Seng Index, Nifty 50

Nikkei 225, Kospi, Hang Seng Index, Nifty 50

Aerial view of vehicles being driven on the road through the central business district in Beijing, China. Vcg | Visual China Group | Getty Images Asia Pacific markets were mostly set to fall Wednesday, mirroring losses on Wall Street, which was pressured by declines in artificial intelligence-related names like Palantir. Australia’s S&P/ASX 200 started the…

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How a string of bad loans has bank investors hunting for hidden risks

How a string of bad loans has bank investors hunting for hidden risks

Big banks including JPMorgan Chase and Goldman Sachs had just finished taking victory laps after a blockbuster quarter when concerns emerged from an obscure corner of Wall Street, sending a collective shiver through global finance. Regional bank Zions late Wednesday disclosed a near total wipeout on $60 million in loans after finding “apparent misrepresentations” from…

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GS, JPM kick off the season

GS, JPM kick off the season

The latest earnings season is set to kick off in earnest, and the stakes are high. More than 30 S & P 500 companies are slated to release their calendar third-quarter results this week. Among them are Goldman Sachs, JPMorgan Chase and Bank of America. Johnson & Johnson are also on deck. Analysts on average…

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Goldman Sachs says we're not yet in a bubble — but still has a warning for investors

Goldman Sachs says we’re not yet in a bubble — but still has a warning for investors

The market is awash with talk of artificial intelligence (AI) – corporates are rushing to outline their strategies, cash is flowing to AI-related stocks, and the race is on to develop sovereign AI supply chains. Investors have flocked to technology firms taking advantage of and enabling AI’s development, sending their share prices soaring. U.S. stocks have…

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