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Microsoft’s $381 Billion Rout Exposes Dark Side of the AI Binge
(Bloomberg) - Wall Street’s apprehension about the cost of developing artificial intelligence technology has been simmering beneath the surface of the stock market for months. Now it’s starting to boil over.
BofA’s Hartnett Warns Overbought Global Stocks Face Sell Signal
Global equities are flashing an overbought warning, with moving averages already at levels that historically mark a sell signal for risk assets.
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Four Investors File Claim Against Fidelity For Mismanaged Investments
Four investors have initiated an arbitration claim against a Fidelity Investments unit, alleging it failed to properly oversee former advisor.
Bond Traders Warn Of Inflation Shock As US Yield Curve Flattens
US bond markets are flashing a warning to US President Donald Trump that his move to unleash tariffs on top trading partners risks fueling inflation.
Raymond James Is The Latest Firm To Stop Disclosing Advisor Numbers
Raymond James has stopped disclosing the number of advisors in its Private Client Group, following a trend among major banks and brokerages.
Trump's Tariffs To Have Limited Impact On Oil, Gas Prices, Goldman Sachs Says
The new tariffs imposed by President Trump on imports from Canada, Mexico, and China are likely to have a limited impact on global oil and gas prices.