Chip Stocks Jump As Nvidia Supplier TSMC Dismisses Bubble Fears: 'AI Is Real'
Chip stocks jumped on Thursday as Nvidia's (NVDA) chip manufacturer TSMC (TSM) gave financial forecasts that signaled strong demand for AI.
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Goldman Sachs, Morgan Stanley Profits Soar As Wall Street Capitalizes On 2025 Deal Boom
Wall Street’s dealmaking boom didn’t slow at Goldman Sachs (GS) and Morgan Stanley (MS) in the fourth quarter.
BlackRock Total Assets Hit Record $14 Trillion As ETFs Surge
BlackRock Inc. pulled in $342 billion of total client cash in the fourth quarter, pushing the firm to a record $14 trillion of assets.
Oracle Sued By Bondholders Over Losses Tied To AI Buildout
Oracle was sued on Wednesday by bondholders who say they suffered losses because the company concealed its need to sell significant additional debt.
Big Banks Push Back On Trump's Credit Card Cap, Warning Of 'Significant' Economic Slowdown
Some of America’s top bankers are warning that the president’s cap on credit card interest rates would prove disastrous for lower-income consumers.
Bank Of America, Wells Fargo Report Profit Surge As Trading Activity Powers Results
Banking giants Bank of America and Wells Fargo both reported Wednesday morning that their fourth quarter and full-year profits rose from a year ago.
JPMorgan Earnings Miss Forecasts On Apple Card Costs, Dimon Warns Markets 'Underappreciate' Risks
JPMorgan Chase (JPM) reported earnings Tuesday morning that capped off a record year for the firm while reporting a hit to net income.
