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Morgan Stanley’s Wilson Says Tech Rally Can Run Further On AI
US technology stocks have the scope to rally further as the buzz around artificial intelligence underpins a robust sales outlook, says Morgan Stanley.
Japan Stocks Hit New Highs As Takaichi Win Fuels Spending Hopes
Japanese stocks surged to fresh highs as Prime Minister Sanae Takaichi’s historic win in Sunday’s election ignited expectations of more spending.
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Ex-Goldman CFO Returns To Wall Street Atop $55 Billion Housing Giant
Stephen Scherr, the former CEO of Goldman Sachs Group Inc., is seeking a Wall Street comeback by joining one of the biggest investors in US housing.
D.C. Area Halpern Financial Acquired by MAI Capital Management
MAI Capital Management has expanded its reach with the acquisition of Halpern Financial, a registered investment advisory firm managing $1.2 billion.
Hedge Funds Bought Yen Right Before Biggest Drop In 15 Years
Hedge funds turned bullish on the yen just before dovish comments by Japan’s new prime minister in the worst week for Japan's currency since 2009.