SoftBank Group Plans $1.5 Billion Investment in OpenAI
The Japanese tech investment company is doubling down on its investment in OpenAI, taking a bigger bet on the potential of ...
The Banker19m
Most large US banks rated less-than-satisfactory by Fed
For the first half of 2024, only 33 per cent of large US banks were rated “satisfactory” in all three categories, a decrease from the 55 per cent recorded in 2020, according to the institution’s ...
Here’s why Wall Street’s previously most bearish bank now sees the S&P 500 hitting 6,500 in 2025
The 2025 forecasts continue to come thick and fast, and a notable projection is a fresh one from JPMorgan. For some time the U.S. bank has been among the most cautious of stock market observers. The ...
Stock Market Today: S&P 500 Futures, Bond Yields Fall Ahead of PCE Inflation Report
The Federal Reserve's favored inflation gauge is due this morning ...
Scott Bessent’s fund made biggest returns with bet against Fed
Donald Trump’s Treasury secretary pick shorted vulnerable assets in 2022 to capitalise on post-pandemic inflation ...
JPMorgan Strategists See US Equities Extending Global Dominance
The dominance of US equities over the rest of the world is unlikely to abate unless geopolitical and trade policy risks fade, ...