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Tech stocks today: Nvidia stock rises as guidance signals AI boom alive and well

Nvidia (NVDA), the world's largest company by market capitalization, reported fourth quarter results after the closing bell on Wednesday in a highly anticipated release amid growing concerns about how big bets on AI will pay off. Nvidia's quarterly results have become...

Pay Gap Complicates Global Hunt for Australian Pension Chiefs

For executive leaders or investment chiefs tempted by a move to Australia, some of the country’s most influential finance roles are up for grabs. The catch: the lifestyle upgrade may come with a slimmer pay packet. AustralianSuper, the country’s top pension fund, is...

Housing Stocks Hit Hard by Gloomy Outlooks, Trump’s Snub

Stocks exposed to the US housing market plummeted Wednesday as investors assessed grim outlooks from companies like home improvement retailer Lowe’s Cos Inc., and weighed the lack of a housing policy update during President Donald Trump’s State of the Union speech....

Jamie Dimon warns markets resemble pre-financial crisis era: ‘I see a couple of people doing some dumb things’

JPMorgan Chase (JPM) CEO Jamie Dimon said Monday that the financial world looks a lot like the heyday in the years ahead of the global financial crisis. “Unfortunately, we did see this in '05, '06, '07, almost the same thing," Dimon said at the firm's annual investor...

Bitcoin Heads for Worst Month Since Crypto Collapse of June 2022

Bitcoin remained tethered near the the lower end of its recent trading range even as global financial markets showed signs of a renewal of risk appetite, keeping the token on course for its steepest monthly decline since 2022. The original cryptocurrency fell as much...

Boaz Weinstein Warns ‘Wheels Coming Off’ Private Credit Funds

Activist investor Boaz Weinstein is stepping up his warnings on private credit, saying the turmoil surrounding Blue Owl Capital’s funds is exposing deeper cracks in the $1.8 trillion industry. “All you need is the snowball to start going down the hill and it started....

Home Depot Warns Homeowners Have Rising Economic Concerns

Home Depot Inc. reported a key sales metric that beat expectations in the latest quarter on steady demand, though the retailer cautioned that macroeconomic challenges remain. Comparable sales, which track performance at locations open at least a year, rose 0.4% in the...

Dimon Sees Pre-Crisis Parallels as Rivals Do ‘Dumb Things’

JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon, asked about fierce competition across the financial industry, said he’s starting to see parallels to the era before the 2008 financial crisis, when a rush to make loans ended disastrously. “Unfortunately,...

IBM Sinks Most Since 2000 as Anthropic Touts Cobol Tool

International Business Machines Corp. shares had their worst day in more than 25 years on Monday, after AI startup Anthropic PBC said its Claude Code tool can help modernize Cobol, a dated programming language that’s run on IBM computers. The stock plunged 13% in its...

Black Swan’s Taleb Warns on Software Bankruptcies, More Volatility

Nassim Taleb has a warning for investors: brace for escalating volatility and potential bankruptcies in the software sector as the artificial intelligence-driven rally enters a more fragile phase. To the author of The Black Swan, the markets are underpricing...