Where Meta's Metaverse Vision Went Wrong
When Zuckerberg rebranded Facebook to Meta in October 2021 the founder/CEO presented the name change as the next step in the company's evolution.
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JPMorgan Introduces New Special Advisory Services For Key Clients
J.P. Morgan has introduced a new advisory capability designed to deepen strategic engagement with a select group of sophisticated clients.
Chip Stocks Jump As Nvidia Supplier TSMC Dismisses Bubble Fears: 'AI Is Real'
Chip stocks jumped on Thursday as Nvidia's (NVDA) chip manufacturer TSMC (TSM) gave financial forecasts that signaled strong demand for AI.
Goldman Sachs, Morgan Stanley Profits Soar As Wall Street Capitalizes On 2025 Deal Boom
Wall Street’s dealmaking boom didn’t slow at Goldman Sachs (GS) and Morgan Stanley (MS) in the fourth quarter.
BlackRock Total Assets Hit Record $14 Trillion As ETFs Surge
BlackRock Inc. pulled in $342 billion of total client cash in the fourth quarter, pushing the firm to a record $14 trillion of assets.
Oracle Sued By Bondholders Over Losses Tied To AI Buildout
Oracle was sued on Wednesday by bondholders who say they suffered losses because the company concealed its need to sell significant additional debt.
Big Banks Push Back On Trump's Credit Card Cap, Warning Of 'Significant' Economic Slowdown
Some of America’s top bankers are warning that the president’s cap on credit card interest rates would prove disastrous for lower-income consumers.
