Wall Street expects Trump presidency will unlock deal making

Lucid CEO defends $1.75 billion capital raise following stock drop

Peter Rawlinson said the raise was a timely, strategic business decision to ensure the EV maker has enough capital for its ongoing operations and growth plans.

Business - CNBC - October 22

Lucid CEO says Wall Street misinterpreted $1.75 billion capital raise

DETROIT — Investors misinterpreted a public offering last week by Lucid Group that raised roughly $1.75 billion — and led to the stock’s worst daily performance in nearly three years — CEO Peter ...

Wall Street is worried stocks might be on the cusp of a ‘lost decade’

Stocks have been on a terrific run over the past decade. But the years ahead might not be quite so spectacular.

Business - MarketWatch - October 22

Wall Street Journal, NY Post sue AI startup

Media conglomerate News Corp, the conglomerate that owns the Wall Street Journal, New York Post and a number of other media properties, is suing artificial intelligence (AI) startup Perplexity over ...

Politics - The Hill - October 22

The Wall Street Veteran Leading Disney's Search for Iger's Replacement

James Gorman wanted a challenging board role after nailing succession at Morgan Stanley. He’s getting one at Disney.

Business - The Wall Street Journal - October 22

Wall Street slumps as rates climb, and more negativity on the iPhone 16 emerges

Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.

Business - CNBC - October 23

Tesla Surprises Wall Street With Strong Third-Quarter Results

The robust performance comes after a tumultuous start to the year in which Tesla’s profit fell for two straight quarters.

Business - The Wall Street Journal - October 24

Markets are moving in mysterious ways — and Wall Street is struggling to explain why

Traditional relationships between stocks, bonds, currencies and commodities like gold are breaking down once again in 2024. This time, even many financial professionals are at a loss to explain ...

Business - MarketWatch - October 26

A New Business on Wall Street: Defending Against D.E.I. Backlash

Companies are conducting vulnerability assessments, compiling research reports and writing plans for what to do if their diversity efforts come under attack.

Business - The New York Times - October 27

Visa says spending trends are stable, and this time Wall Street agrees

Visa’s CFO expects the “stable and resilient consumer” to keep up such spending trends into the company’s new fiscal year.

Business - MarketWatch - October 29

Robinhood earnings disappoint Wall Street despite company’s upward trajectory

The online brokerage’s third-quarter earnings missed analyst forecasts for both revenue and earnings per share.

Business - MarketWatch - October 31

Tech stock sell-off wipes out Wall Street’s October gains

Disappointing earnings from Microsoft help put US equities on track for biggest one-day drop since early September

World - Financial Times - October 31

Wall Street frets over Big Tech’s $200bn AI spending splurge

The four biggest US internet groups this week showed glimpses of benefits but warned of increased spending

Business - Financial Times - 6 days ago

Super Micro Computer Stock Crashes, Wall Street Concerns Grow

Shares of the Nvidia customer have crashed since its accounting firm, Ernst & Young, resigned.

Business - Inc. - 6 days ago

Top Wall Street execs are getting skeptical on the Fed's easing path

Speaking at the Saudi Arabia's showcase economic conference, the Future Investment Initiative, last week, they see more inflation on the horizon for the U.S.

Business - CNBC - 3 days ago

Some traders see opportunity in Wall Street’s election-related anxiety

Wall Street is still on edge ahead of Tuesday’s U.S. election. But some traders appear to be getting a head start on bets that a relief rally will take hold once the vote tallies are known.

Business - MarketWatch - 3 days ago

Wall Street Financiers Queue Up for a Chance at Billions in Saudi Oil Cash

Are you an international business titan on the hunt for billions of dollars of Saudi oil cash? Prepare for “a mind game.”

Business - The New York Times - 2 days ago

Wall Street Rallies on Election Day Indicating Strong Economy

Despite election results remaining up in the air, the market has shown serious resilience.

Business - Inc. - Yesterday

Wall Street rejoices as the bell tolls for Biden-era regulation

Bankers, private equity executives and money managers anticipate change in personnel and tone

World - Financial Times - 18 hours ago

US elections live: Obama ridicules Trump’s boasts on economy as Walz dismisses Republican nominee’s McDonald’s ‘stunt’

Democratic VP nominee joined by Barack Obama at Wisconsin campaign event. Don’t miss important US election coverage. Get our free app and sign up for election alerts Kamala Harris has a ...

World - The Guardian - October 22

Trump says the death of Hamas leader Yahya Sinwar makes a peace deal 'easier'

Former President Donald Trump said that the death of Hamas leader Yahya Sinwar would make it “easier” to end the war in Gaza.

Kamala Harris delivers ‘closing argument’ in Washington: ‘It is time for a new generation of leadership’ – live

Tens of thousands of Harris supporters gather as she condemns ‘petty tyrant’ on the grounds where Trump spoke the day of the Capitol riot. Don’t miss important US election coverage. Get our free ...

World - The Guardian - October 30

Trump doesn't rule out banning vaccines if he wins

In an interview with NBC News, Trump said that a push by RFK Jr. to remove fluoride in water "sounds OK to me" and he wouldn't rule out banning vaccines.

Watch Live: President Biden to make first remarks since Harris' loss to Trump

President Biden will address the nation on the election results and the transition of power, with his predecessor set to return to the White House.

How would a President Harris deal with Saudi Arabia?

As president, Harris would need to engage with Saudi Arabia or take a conscious — and momentous — decision not to do so.

Politics - The Hill - October 29

BlackRock's ETF chief says 75% of its bitcoin buyers are crypto fans new to Wall Street

Bitcoin ETF inflows surpass $2.1 billion in a week as bitcoin touches highest price level since July.

Business - CNBC - October 18

America’s economy looks strong. So why is Wall Street worrying about renters and younger borrowers?

It isn’t only subprime — renters and younger borrowers are weaker spots in an otherwise solid backdrop for consumer debt.

Business - MarketWatch - October 21

AI on the trading floor: Morgan Stanley expands OpenAI-powered chatbot tools to Wall Street division

Nearly 50% of employees at Morgan Stanley and 60% at JPMorgan Chase have access to generative AI software provided by OpenAI.