Wells Fargo shares jump after earnings top Wall Street expectations
The San Francisco-based lender posted $11.69 billion in net interest income, a 11% decrease from the same quarter last year.
Cerebras IPO has ‘too much hair’ as AI chipmaker tries to sell Wall Street on Nvidia alternative
Cerebras is playing in a huge market with insatiable investor demand, but its IPO prospectus is littered with red flags that complicate a potential debut.
Wholesale prices were flat in September, below expectations
The producer price index was expected to show a 0.1% increase in September, according to the Dow Jones consensus.
Nvidia-backed CoreWeave gets $650 million credit line from top Wall Street banks
CoreWeave, an Nvidia-backed AI startup that rents out GPUs to companies, announced Friday that it has a new $650 million credit line to expand its business.
Jamie Dimon says geopolitical risks are surging: ‘Conditions are treacherous and getting worse’
JPMorgan Chase CEO Jamie Dimon sees risks climbing around the world amid widening conflicts in the Middle East.
Jeff Shell is about to lead Paramount. He may have runway to make bold changes he couldn’t at NBC
Clues about what may be in store for Paramount Global can be seen in how Jeff Shell ran NBCUniversal — including some ideas that never got off the ground.
10-year Treasury yield dips below 4.1% Friday after big jump this week
Investors assessed the latest inflation data that came in cooler than expected.
Elon Musk hypes $30,000 Tesla self-driving Cybercab and larger Robovan at robotaxi event
Tesla’s long-awaited robotaxi event started almost an hour late on Thursday and included more big promises from Elon Musk.
Microsoft will let people buy games through Xbox app on Android in November after Google antitrust ruling
Microsoft is keen on boosting its mobile gaming position. A judge’s decision this week opened the way to do so on Android devices.
Tesla robotaxi event comes after a decade of unfulfilled promises from Elon Musk
Tesla’s robotaxi event on Thursday will test investors faith in Elon Musk’s vision
