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wall street

Friday’s S&P 500, Nasdaq-100 rebalance may reflect concerns over concentration risk

by Adrian Jhonsan
Friday’s S&P 500, Nasdaq-100 rebalance may reflect concerns over concentration risk

It’s arguably the biggest stock story of 2023: a small number of giant technology companies now make up a very large part of big indexes like the S&P 500 and the …

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10-year Treasury yield will fall to 3% next year

by Adrian Jhonsan
10-year Treasury yield will fall to 3% next year

Jeffrey Gundlach speaking at the 2019 SOHN Conference in New York on May 6, 2019. Adam Jeffery | CNBC DoubleLine Capital CEO Jeffrey Gundlach said Wednesday the 10-year Treasury yield will continue to …

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Fed lowers inflation forecast for 2024, seeing core PCE falling to 2.4%

by Adrian Jhonsan
Fed lowers inflation forecast for 2024, seeing core PCE falling to 2.4%

Federal Reserve Board Chairman Jerome Powell answers a question during a press conference following a closed two-day meeting of the Federal Open Market Committee on interest rate policy at the …

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Mike Novogratz won’t help Joe Biden, will back Dean Phillips

by James Odonell
Mike Novogratz won’t help Joe Biden, will back Dean Phillips

Mike Novogratz, CEO of Galaxy Investment Partners (L) and President Joe Biden (R). CNBC | Reuters Veteran investor and longtime Joe Biden supporter Mike Novogratz is switching sides to fundraise …

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Categories Politics

Buffett’s Berkshire Hathaway continues to sell HP shares

by Adrian Jhonsan
Buffett’s Berkshire Hathaway continues to sell HP shares

Warren Buffett tours the floor ahead of the Berkshire Hathaway Annual Shareholder’s Meeting in Omaha, Nebraska. David A. Grogan | CNBC Warren Buffett’s conglomerate Berkshire Hathaway has reduced its stake in HP …

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How AI is driving deal-making, but also fears of disruption, according to JPMorgan global M&A head

by Adrian Jhonsan
How AI is driving deal-making, but also fears of disruption, according to JPMorgan global M&A head

The AI enthusiasm that has burst into the economy in 2023 has already emboldened several buyers, particularly in the large-cap tech and venture capital world. But behind the scenes, this …

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BlackRock CEO Larry Fink responds to Ron DeSantis, Vivek Ramaswamy

by James Odonell
BlackRock CEO Larry Fink responds to Ron DeSantis, Vivek Ramaswamy

Participant seen holding a sign outside BlackRock headquarters in Manhattan, where their annual shareholders meeting took place, May 25, 2022. Erik Mcgregor | Lightrocket | Getty Images BlackRock CEO Larry …

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Categories Politics

Nikki Haley raises over $500,000 at event with Wall Street execs

by Adrian Jhonsan
Nikki Haley raises over 0,000 at event with Wall Street execs

Nikki Haley, the candidate of the Republican Party in the 2024 presidential elections in the US, delivers remarks during a Town Hall campaign event in the Lowcountry in Bluffton SC, …

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Psychology of Money author Housel gives advice to scared investors

by Adrian Jhonsan
Psychology of Money author Housel gives advice to scared investors

The author behind the best-selling book “The Psychology of Money” is trying to relieve investor anxiety over market downturns. “Realizing how inevitable it is makes it more palatable to deal …

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NewEdge Wealth sees record rush intensifying

by Adrian Jhonsan
NewEdge Wealth sees record rush intensifying

The record gold rush may intensify into year-end. According to NewEdge Wealth’s Ben Emons, the final month of the year typically creates a bigger appetite for the yellow metal. “It’s …

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