Big tech is spending billions on AI. How much time will Wall Street allow for the payoff

Charles Schwab hints at stock buybacks after beating Wall Street estimates

Charles Schwab also beat Wall Street’s fourth-quarter earnings estimate and reversed a revenue decline from the year-ago quarter.

MarketWatch - Jan. 21

D.R. Horton Clears Wall Street's Estimates Despite Fewer Closings

The Arlington, Texas, company reported net income of $844.9 million for the three months ended Dec. 31, down from $947.4 million a year earlier.

The Wall Street Journal - Jan. 21

‘Animal spirits alive’ as Wall Street bankers anticipate Trump boom

US president is expected to slash financial controls and prompt wave of dealmaking. Wall Street bankers say they are at the beginning of “go mode” as they expect Donald Trump’s return to the White ...

The Guardian - Jan. 21

Goldman Sachs rolls out an AI assistant for its employees as artificial intelligence sweeps Wall Street

Wall Street has embraced generative AI faster than any other disruptive tech in recent years because of how adept the models are in replicating human cognition.

CNBC - Jan. 21

Goldman Sachs taps new generation to lead key Wall Street units

Bank promotes clutch of executives to run banking and trading divisions and reshuffles international arm

Financial Times - Jan. 21

‘It was pure accident’: how Chase UK’s boss went from communist Poland to Wall Street banking … via linguistics

Having left the library behind, the once budding academic talks about building JP Morgan’s UK digital lender from scratch. It all started in spring 2019, in a secret office on the seventh floor of ...

The Guardian - Jan. 21

Lofty expectations pose tough earnings test for Wall Street

Strong results from $25tn worth of companies needed to help drive rally after shaky few weeks for S&P 500

Financial Times - Jan. 18

How the bonus season now unfolds on Wall Street

The past dramas of ‘comp days’ have given way to more sanitised procedures

Financial Times - Jan. 17

Wall Street Has No Clue What the Fed Will Do in 2025

Big banks and economists can’t agree on the monetary policy outlook.

Inc. - Jan. 17

Wall Street banks had a great quarter, and the boom times are just starting

JPMorgan Chase, Goldman Sachs and Morgan Stanley easily topped estimates for the fourth quarter.

CNBC - Jan. 16

Here are the Big Tech CEOs attending Trump's inauguration

The CEOs of several of the world’s biggest technology companies are planning to attend President-elect Trump’s inauguration Monday. The leaders of Amazon, Google, Meta, Tesla, TikTok and OpenAI ...

The Hill - Jan. 16

How Ozempic Has Forever Changed How Much People Spend on Food, According to a New Cornell University Study

Ozempic doesn’t just reduce weight. Research shows GLP-1s also changes how much people spend on food, and the types of food they buy.

Inc. - Jan. 16

Wall Street stocks post biggest rally since Trump’s election victory

Easing underlying US inflation and strong bank earnings boost equities

Financial Times - Jan. 15

AI Agents Are Here. How Much Should We Let Them Do?

WIRED’s advice columnist cracks open the publication’s archive to consider past promises about AI agents, and to get some advice on how we can use automation while retaining our humanity.

Wired - Jan. 15

Retailers post early holiday results — and Wall Street isn’t impressed

Lululemon, Abercrombie & Fitch and American Eagle all hiked their holiday guidance, but Abercrombie's growth is slowing.

CNBC - Jan. 13

How to assess Broadcom's China risk — plus, an economic-proof stock gets Wall Street love

The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET.

CNBC - Jan. 13

Big US banks set for $31bn quarterly profit as Wall Street business booms

Trading activity boosted in final quarter of 2024 by Donald Trump’s election win

Financial Times - Jan. 13

How’s my home life? Well, I’ve moved into the shed to spend more time with the chickens | Emma Beddington

It’s the only way I can think of to keep them safe from foxes. If only it wasn’t so cold …. I recently acquired three lovely new hens, but so far my husband’s schemes to protect them from foxes ...

The Guardian - Jan. 13

Wall Street looks forward to a bonfire of capital and climate rules under Trump

Profits are poised to dominate in a new era shorn of years of hard-won regulatory restrictions. When some of the biggest banks on Wall Street reveal their full-year earnings this week, they will ...

The Guardian - Jan. 11

Wall Street gets off to a bumpy start to 2025. How investors can prepare for more volatility ahead.

A sharp selloff in the world’s largest bond market sent shockwaves through the U.S. financial markets this week, leaving investors to ponder if that choppiness will persist throughout the new year.

MarketWatch - Jan. 10

The Big Question: How much sick pay should companies offer?

Policies vary dramatically between different countries, but striking the right balance is hard

Financial Times - Jan. 10

Why are the A's spending big this winter as they relocate to Sacramento?

Brent Rooker's $60 million extension marks the latest expenditure for the typically thrifty A's.

Yahoo Sports - Jan. 9

A $28 Trillion Corner of Wall Street Is Flashing a Warning About the U.S. Economy

Bond yields have surged since the Fed began cutting interest rates.

Inc. - Jan. 9

China steps up defence of renminbi against Wall Street bets

Currency softens over weakness in world’s second-largest economy and fear of Trump tariffs

Financial Times - Jan. 9

AI Startup Anthropic Plans to Raise $2 Billion at a $60 Billion Valuation

The new funding round, led by Lightspeed Venture Partners, sees the company at more than triple its 2024 valuation of $18 million.

Inc. - Jan. 8

Exodus by Wall Street Banks From Climate Group Worries Advocates

The end of the year saw five of the six largest U.S. banks leave the Net-Zero Banking Alliance, as conservative pressures discouraged their climate change policies.

Inc. - Jan. 6

Michael Barr to step down as Fed’s top Wall Street regulator

US central bank’s vice-chair for supervision will leave his role in February but stay on as a governor

Financial Times - Jan. 6

Microsoft Says AI Will Lead To Job Losses, Invests $80 Billion In The Tech

Microsoft has doubled down on its plan to invest $80 billion into artificial technologies in 2025, while at the same time admitting that advancements to the technology will lead to job losses. This ...

GameSpot - Jan. 6

Top Wall Street analysts pick these dividend stocks for 2025

TipRanks' analyst ranking service reveals three dividend-paying stocks, including Ares Capital and ConocoPhillips.

CNBC - Jan. 5

Microsoft expects to spend $80 billion on AI-enabled data centers in fiscal 2025

Over half of Microsoft's $80 billion in spending will take place in the U.S., Microsoft Vice Chair and President Brad Smith wrote in a Friday blog post.

CNBC - Jan. 4

Microsoft expects to spend $80 billion on AI-enabled data centers over next 12 months

Microsoft plans to spend $80 billion in fiscal 2025 on the construction of data centers that can handle artificial intelligence workloads, the company said in a Friday blog post.

NBC News - Jan. 3

It's time to boost 401(k) plan contributions for 2025 — here's how much more you can save

If you're feeling behind on retirement savings, you can make higher 401(k) plan deferrals and catch-up contributions for 2025. Here's what to know.

CNBC - Jan. 3

Why Wall Street Expects the Stock Market to Have a Big 2025

Analysts see corporate earnings improving beyond just big tech names.

Inc. - Jan. 2

Gold set to rally further this year, say Wall Street banks

Yellow metal expected to continue to benefit from buying by global central banks

Financial Times - Jan. 2

How to invest in a much-changed China

While Trump threatens punitive tariffs, investors need to understand how much the country has altered in recent years