Wall Street is growing louder with warnings that the artificial intelligence trade may be overheating. After months of record gains in AI-linked stocks and corporate spending, concerns are mounting that the boom is starting to look like a bubble. JPMorgan CEO Jamie Dimon underscored that tone of caution while speaking to reporters on Tuesday, calling…
NEW YORK (AP) — Wall Street had one of its most profitable quarters ever, if the earnings from four of nation’s biggest banks that reported Tuesday are to be believed; as banks were helped by a flurry of deal making, soaring stock prices and a global economy that remains resilient despite tariffs and geopolitical upheaval….
One of the newest tenants of Trump Tower in New York City is a startup investment bank called Dominari Holdings Inc. It’s located only two stories below the headquarters of the Trump Organization—a proximity that Dominari’s president, Kyle Wool, considers a point of pride. Wool spent years cultivating a relationship with the Trump family, and…
The earnings reports from Wall Street’s biggest banks are poised to get even more scrutiny than usual this week, as the US government shutdown leaves investors desperate for a fresh read on the economy. With the impasse in Washington threatening to delay crucial data on US employment and more for a third week, market watchers…
After nearly a decade spent studying the most famous stock market crash in history, financial journalist Andrew Ross Sorkin warns that the Wall Street of today echoes the market of 1929, when highs preceded a massive slump, leading to the Great Depression. Artificial intelligence and technology have contributed to a remarkable boom in recent years….
The country’s biggest Wall Street banks are riding high into the third quarter reporting season. Analysts expect profits among six major banks to climb 6% from the third quarter of last year, according to Bloomberg data. “It’s been a good environment,” Barclays analyst Jason Goldberg said. Expectations will be put to the test starting Tuesday…
U.S. President Donald Trump looks on during an announcement about lowering U.S. drug prices, at the White House in Washington, D.C., U.S., Oct. 10, 2025. Kent Nishimura | Reuters On Friday morning, the S&P 500 was less than a couple of points from another all-time high. Then, after a single social media post from President…
Here’s why Trump is threatening 100% tariff on China President Donald Trump issued a new threat in his trade war with China on Friday in response to new export controls on rare earth minerals. Updated: 9:16 AM EDT Oct 11, 2025 Editorial Standards ⓘ Stocks fell sharply on Friday after President Donald Trump announced plans…
A resurgence in trade tensions between the U.S. and China squeezed some of the excess out of an enthusiastic market, something investors will keep a close eye on in the week ahead as earnings loom. The government shutdown is also stretching into a new week. Stocks sold off Friday, with the Dow Jones Industrial Average…
Chinese stocks trading in the U.S. tumbled Friday after former President Donald Trump threatened to sharply raise tariffs on Chinese imports if he returns to office, warning that China has become “very hostile.” Alibaba and Baidu each slid about 8%, while JD.com and PDD Holdings fell 6.6% and 5.2%, respectively. The iShares MSCI China ETF…