Wall Street is feeling the tremor of artificial intelligence. Companies that could be affected by AI’s rise are seeing their shares drop sharply, from small software outfits to large wealth‑management firms. On a recent trading day, European asset managers St James’s Place Plc and AJ Bell Plc fell 1
Wall Street’s big bonuses are often tied to a question that many people don’t ask: what does the money actually do? In earlier times, banks took deposits and used them to build real things—railways, factories, homes. Today’s finance giants mostly make money by arranging deals, trading securities, an
Wall Street professionals are flocking to high-end gyms like Equinox and Life Time, but it's not just about the fancy equipment or luxurious amenities. These gyms have become a hotspot for networking and displaying social status. For many in the finance world, joining an expensive gym is like joini
Wall Street professionals are discovering that AI can be a helpful tool, even if it isn't ready to take over their jobs. While some worry about AI's accuracy, others are finding clever ways to use it to save time and gain insights. One interesting example is how Lance Roberts, the CIO at RIA Adviso
Wall Street's stance on climate change has taken a dramatic shift in recent years. Back in 2020, Larry Fink, the head of BlackRock, made headlines by vowing to use his company's massive funds to fight global warming. He called for a major overhaul in finance to tackle this issue. This bold statement
Wall Street saw a rebound on Monday, with major indexes reaching new highs. The S&P 500 added 0. 2% to its previous record, while the Dow Jones Industrial Average recovered from an early loss of nearly 500 points to gain 86 points. The Nasdaq composite also saw a 0. 3% increase. However, the market
Wall Street analysts made some big moves on Monday, shaking up the stock market with their bold predictions. Morgan Stanley, for instance, gave Datadog a thumbs up, saying the company's growth is set to keep climbing until 2027. They're betting big on Datadog's ability to monitor new apps and keep u
Wall Street is getting a tech upgrade. Nant Global Finance has just launched a new platform that blends old-school finance with cutting-edge blockchain technology. This isn't just about trading stocks; it's about making the whole process faster and more secure. The company has been busy buying up k
Week 18 of the NFL season is packed with excitement. Four division titles and the top seeds in both conferences are still up for grabs. This week, the spotlight is on Myles Garrett, who is just one sack away from breaking the single-season record. The Cleveland Browns will face the Cincinnati Bengal
Week 18 of the NFL season is here, and it's a wild one. Teams are either fighting for playoff spots or already packing their bags for vacation. It's tough to predict who's still focused on football and who's already dreaming of the beach. The Ravens and Steelers are in a big showdown. The Steelers
