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NY Fed President Williams Says Some ‘Technical Factors’ Distorted November’s CPI Reading Downward
NY Fed President John Williams said that “technical factors” likely distorted November’s inflation data, pushing the headline reading lower.
OpenAI Is Reportedly Trying To Raise $100B At An $830B Valuation
OpenAI is in talks to raise up to $100 billion in a funding round that could value the ChatGPT maker at up to $830 billion, the WSJ reported Thursday.
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SEC Readying To Hammer BDs And RIAs Over COVID19 Compliance Risks
The SEC issued an alert to BDs and RIAs regarding its concerns over activities in the industry concerning the challenges encountered by COVID-19.
Now At $1 Trillion AUM, Vanguard Total Stock Market Index Is The Biggest Fund Ever
Vanguard’s Total Stock Market Index strategy crossed the $1-trillion-AUM line yesterday.
Tech bloodbath aside, ride these two giants for the second half of the recovery, veteran analyst says
"Stock markets got a well overdue thumping with big tech leading the way south."
Is this ‘the beginning of the end?’ Billionaire Bill Ackman shares his thoughts on the big market retreat
Ackman was asked whether the nasty market rout that dragged the tech-heavy Nasdaq Composite down 5% is about to usher in a dark stretch for stocks.