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wall street

Mega-cap tech stocks dominate many ESG funds. Here’s why

by Milton Acorn
Mega-cap tech stocks dominate many ESG funds. Here’s why

The top holdings of many ESG funds may be surprisingly familiar. While these strategies consider a company’s environmental, social and governance factors, these funds still aim to invest in top …

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Categories Science

Stock market bubble? Analysts explain why they’re not worried

by Adrian Jhonsan
Stock market bubble? Analysts explain why they’re not worried

Traders work on the floor during morning trading at the New York Stock Exchange on March 6, 2024. Spencer Platt | Getty Images Despite the heavy concentration of the U.S. …

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Categories World

TMX CEO jumps deeper into ETFs

by Milton Acorn
TMX CEO jumps deeper into ETFs

The Toronto Stock Exchange’s parent company has already completed a major deal this year: its acquisition of ETF education company VettaFi. According to TMX Group CEO John McKenzie, the deal …

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Categories Science

Online trading platform Webull set to go public via $7.3B SPAC deal

by Adrian Jhonsan
Online trading platform Webull set to go public via .3B SPAC deal

The Webull logo is displayed on a smartphone screen. Rafael Henrique | SOPA Images | LightRocket | Getty Images Webull is planning to go public through merging with a special …

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Categories World

Baylor outperforms Ivy League in university endowment performance rankings

by Adrian Jhonsan
Baylor outperforms Ivy League in university endowment performance rankings

Watch out, Ivies, there’s a new endowment performer in town. Baylor University’s $2 billion endowment — a fraction of those in the Ivy League — generated a 6.4% return for …

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Categories World

Baylor outperforms Ivy League to top endowment performance rankings

by Adrian Jhonsan
Baylor outperforms Ivy League in university endowment performance rankings

Watch out, Ivies, there’s a new endowment performer in town. Baylor University’s $2 billion endowment — a fraction of those in the Ivy League — generated a 6.4% return for …

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Categories World

JPMorgan CEO Jamie Dimon says AI is not just hype — ‘This is real’

by Adrian Jhonsan
JPMorgan CEO Jamie Dimon says AI is not just hype — ‘This is real’

The burgeoning artificial intelligence tools from companies such as OpenAI still have their share of skeptics, but don’t count JPMorgan Chase CEO Jamie Dimon among them. The Wall Street titan …

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Categories World

Warren Buffett uses his annual letter to warn about Wall Street

by Adrian Jhonsan
Warren Buffett uses his annual letter to warn about Wall Street

By JOSH FUNK (AP Business Writer) OMAHA, Neb. (AP) — Warren Buffett credited his longtime partner — the late Charlie Munger — with being the architect of the Berkshire Hathaway …

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Categories World

Warren Buffett says Berkshire may only do slightly better than the average company due to its sheer size

by Adrian Jhonsan
Warren Buffett says Berkshire may only do slightly better than the average company due to its sheer size

Warren Buffett and Charlie Munger at press conference during the Berkshire Hathaway Shareholders Meeting in Omaha, Nebraska, April 30, 2022. CNBC Berkshire Hathaway‘s Warren Buffett said his sprawling conglomerate may …

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Categories World

Stocks making biggest moves after hours: NVDA, ETSY, RIVN, LCID

by Albert Wagner
Stocks making biggest moves after hours: NVDA, ETSY, RIVN, LCID

Check out the companies making headlines in extended trading. Nvidia — The chip giant saw shares climb more than 8% in after-hours trading on the back of record quarterly revenue …

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