Stocks worldwide are on the rise as traders keep an eye on the Federal Reserve's upcoming interest rate decision. Before markets opened, the S&P 500, Dow Jones, and Nasdaq were all up, following record highs the day before. This surge comes as investors hope for a rate cut due to a slowing job marke
The finance world is getting a makeover, and it's not just about the suits and ties anymore. For the past eight years, a spotlight has been shining on the young guns making waves in finance. These aren't your typical old-school bankers. They're the deal closers, the fundraisers, and the disruptors w
Big banks from the U. S. are making a move to Saudi Arabia. Citigroup just opened its new regional office in Riyadh. This is a big deal because it shows that Wall Street is getting more serious about doing business in the Middle East. The new office is in the famous Kingdom Tower. This is different
Ken Griffin, the big boss of Citadel, recently shared his thoughts on AI at a big finance conference. While many on Wall Street are excited about using AI to pick stocks, Griffin isn't convinced it's the magic solution. He said AI can help with some tasks, but it's not great at finding those specia
Warner Bros. Discovery's stock has been on a wild ride. It recently hit a three-year high, and not just because of a single bidder. Multiple parties are now showing interest in buying all or part of the company. This news has investors excited, especially after a rough few years. Paramount has been
The 1929 Wall Street crash was a big mess. It all started with too much easy money and people betting crazy on stocks. On Black Thursday, things went downhill fast. Panic spread, and soon, the whole world felt the pain. It wasn't just about numbers; real people lost jobs and homes. The crash wasn't
Wall Street has been quick to jump on the crypto bandwagon, especially when prices were soaring. They rushed to create and sell ETFs linked to altcoins, which are known for their wild price swings and low trading volumes. But the recent crypto crash has shown just how risky these investments can be.
In a move that shows the power of investor skepticism, a group of major banks, including Banco Santander SA, has decided to shrink the size of a loan meant to finance the acquisition of Verint Systems Inc. by Thoma Bravo. This isn't just a small tweak—we're talking a big cut, from around $2. 7 billi
Ethereum's privacy features might get a big boost from an unexpected source: Wall Street. As big financial players dive into crypto, they're asking for more privacy. This isn't just good news for banks—it could help regular users too. Right now, when you make a transaction on a public blockchain, e
The stock market has always been shaped by big winners. They set the rules, create expectations, and move markets. But not every stock makes it. Some fade away, while others pivot and become giants. Take Apple, for example. In the late 1990s, it was struggling. But then it pivoted with products like
