Goldman Sachs cuts Hong Kong stocks in favor of mainland China AI hardware plays

The investment bank on Wednesday cut its rating on H shares to market-weight from overweight, while staying overweight mainland China's A shares.

Fed Chair Warsh makes first hires at central bank, including ‘Project 2025’ author

The new Fed chair has made his first hires. One wrote the Fed chapter in conservative policy blueprint "Project 2025."

Traders say Karen Bass and Spencer Pratt will advance to runoff in high-profile L.A. mayoral race

Los Angeles voters go to the polls Tuesday. If no candidate receives more than 50%, the top-two vote getters will advance to a November runoff.

Greg Abel channels Buffett's deal-making style in nearly $17 billion spree, expanding into tech

The back-to-back deals offer one of the clearest signals yet that Abel is prepared to put Berkshire's enormous balance sheet to work.

Goldman Sachs CEO David Solomon says markets are in 'greed' mode as AI companies seek billions

Goldman Sachs CEO David Solomon's comments come as investors prepare for what will be one of the busiest periods for equity issuance in years.

Greg Abel channels Buffett's dealmaking style in nearly $17 billion spree, expanding into tech

The back-to-back deals offer one of the clearest signals yet that Abel is prepared to put Berkshire's enormous balance sheet to work.

Polymarket closes its first block trade as prediction markets push for Wall Street adoption

Prediction market platforms have increasingly looked to institutional traders, not individual ones, as the next venue for growth.

Stocks making the biggest moves premarket: Marvell Technology, Hewlett Packard Enterprise, Victoria's Secret & more

These are the stocks posting the largest moves in early trading.

Nvidia, Meta and SLB rank among top companies in adopting AI, new study says

The AI-Driven Enterprise Institute released new research that breaks down the degree to which S&P 500 companies are adopting AI compared with their peers.

Greg Abel just made his first big deal as Berkshire CEO. Why Warren Buffett is happy

Berkshire's purchase of homebuilder Taylor Morrison gives the conglomerate a larger foothold in housing and appears to have been struck at a bargain valuation.

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