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Software Stocks Jump As Wall Street Pushes Back On 'Doomsday Scenario' For Industry
Software stocks mostly rebounded on Monday as Wall Street analysts pushed back against growing investor fears.
Blackstone Boosts Stake In AI Startup Anthropic To About $1 billion, Source Says
Blackstone is increasing its investment in the Claude chatbot maker Anthropic, raising its stake to about $1 billion at a valuation of roughly $350B.
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Fidelity Tightening Its Security Protocols On Technology Used To Access Accounts
Fidelity Investments is alerting advisors that it is tightening its security protocols when it comes to the use of third-party technology on accounts.
Hedge Fund Manager John Paulson Has Deep Concerns If Kamala Harris Wins The Election
Billionaire fund manager John Paulson has expressed deep concerns about the potential impact of Kamala Harris' tax policies should she win election.
A Big Fed Rate Cut Gives Donald Trump And Jerome Powell Something Else To Disagree About
The Fed's decision to opt for a bigger half-percentage-point cut opened a new area of disagreement between GOP nominee Donald Trump and Jerome Powell.
Jamie Dimon Says An ‘Evil Axis’ Of Countries Are His Top Concern For The Next 100 Years
JPMorgan CEO Jamie Dimon is more concerned with the major factors influencing the economy over the next century more so than individual rate cuts.