Jamie Dimon rakes in more than $180M from planned sale of JPMorgan stock
JPMorgan Chase CEO Jamie Dimon has sold about $33 million of his shares in the bank, a regulatory filing showed on Monday, completing a previously disclosed plan to sell 1…
The ‘short’ story behind Donald Trump’s Truth Social platform
Shares of Trump Media & Technology Group — the former and possibly future president’s eponymous social-media company — have lost around half their value since going public last month. It’s…
Donald Trump’s stake in Truth Social parent drops to $3B after shares continue to plummet
Shares of Donald Trump’s media and technology firm fell as much as 12% on Monday, extending a selloff that has now reduced the value of his stake in the operator…
Trump’s Truth Social costliest US stock to bet against
The Donald Trump-tied media firm behind “Truth Social” became the most expensive US stock for investors to bet against after surging in its public trading debut – even as finance…
Nvidia CEO Jensen Huang unveils game-changing AI chip as firm looks to solidify dominance
Artificial-intelligence semiconductor powerhouse Nvidia on Monday unveiled a flagship AI chip, the Blackwell B200, saying it is up to 30 times speedier than its previous chip. Chief Executive Jensen Huang,…
Fracturing ‘Magnificent Seven’ trade puts spotlight on megacap valuations
Diverging fortunes for the massive technology and growth names that have propelled the U.S. stock market higher are throwing a spotlight on their pricey valuations. The so-called “Magnificent Seven” are…
Nvidia shares surge past $700 as demand for AI chips shows no signs of slowing
Chip designer Nvidia shares surged in after-hours trading on Wednesday after the company forecast revenue above estimates, banking on towering demand for its industry-leading artificial-intelligence chips. Nvidia’s fourth-quarter revenue beat…
Capital One to buy Discover Financial in $35.3 bln all-stock deal
NEW YORK/WASHINGTON — Capital One, a US consumer lender backed by Warren Buffett, said on Monday that it will acquire credit card issuer Discover Financial Services in an all-stock transaction…
Jeff Bezos has sold $6B worth of Amazon shares this month
Jeff Bezos has unloaded another 12 million shares of Amazon worth $2 billion, bringing the total stock he sold during the past week to more than $6 billion. The 60-year-old…
Crypto-hating Gary Gensler bites the bullet by aiding the ‘Wild West’ of investing
So Gary did it. The famously crypto-hating chairman of the Securities and Exchange Commission, the man who so reviles digital coins that he called the market the “Wild West” of…