In a bubblegum pink bouclé skirt suit, Citigroup CEO Jane Fraser must have felt as if…
Tag: Wall Street
If you’re surprised by how well the stock market is doing, so is Jamie Dimon
Markets across the world have had plenty to worry about in the past decade. A global…
Bank of America told investors to ‘take profits.’ Then the Nasdaq fell 7%
Bank of America told investors to “take profits” on June 5, and many of them did.…
SpaceX lowballed its bankers on fees. Goldman Sachs has another way to win big
It’s been widely reported that SpaceX will provide its underwriters a “gross spread” of just 0.75%…
Wall Street dumped nearly $1 trillion in tech stocks by midday—then bought peanut butter and paint
Today, the Nasdaq Composite looked like a V: down more than 4% by lunchtime, closing off…
The May jobs report just blew past expectations—and maybe too far for markets
The labor market delivered another whopping win on Friday: 172,000 jobs in May, when economists had…
Real estate billionaire was called the ‘worst analyst’ at Goldman Sachs—now he says the criticism was the best thing that ever happened to him
Being laid off, fired, or ousted from a high-powered company can feel career-ending. But for some,…
Elon Musk’s best friend could make $100 billion on SpaceX. His firm is also owed billions
His name is Antonio Gracias, a handsome private equity investor from Detroit. The two met through…
Half of Google’s and Amazon’s blowout ‘AI profits’ came from Anthropic—not their core business
Four of the largest U.S. tech companies reported earnings Wednesday afternoon, confirming an AI capital expenditure…