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Market News
Latest financial news and analysis from global markets
JPM
Wells Fargo Wealth Unit Reports Profit Jump of 34%
Client assets rose 11% to $2.2 trillion. Managing money on behalf of individual investors has become an attractive business on Wall Street because it generates steady revenue. Wells Fargo Chief Financial Officer Mike Santomassimo said the bank has increased recruiting efforts targeted at experienced financial advisors.
GOOGL
Why Demis Hassabis Ignored Elon Musk and Sold DeepMind to Google for $650 Million Instead
The origin story of Google buying DeepMind is worth understanding if you own Alphabet Inc. (NASDAQ:GOOGL) or if you are following AI whatsoever. (All of us?) The Funding Crisis That Changed Everything In January 2014, Demis Hassabis was facing a wall. VC backers had reneged on funding commitments to DeepMind, leaving the lab without the ... Why Demis Hassabis Ignored Elon Musk and Sold DeepMind to Google for $650 Million Instead
JPM
JPMorgan Beats but Shares Slip as Dimon Flags Risks
Solid results overshadowed by mix and forward uncertainty
KO
Analysis-PepsiCo faces pressure to show Elliott-triggered turnaround is working
By Alexander Marrow and Juveria Tabassum LONDON, April 14 (Reuters) - Seven months after activist investor Elliott disclosed a $4 billion stake in PepsiCo, the U.S. beverages giant is under pressure
PEP
Analysis-PepsiCo faces pressure to show Elliott-triggered turnaround is working
By Alexander Marrow and Juveria Tabassum LONDON, April 14 (Reuters) - Seven months after activist investor Elliott disclosed a $4 billion stake in PepsiCo, the U.S. beverages giant is under pressure
AMZN
15 Stocks for the New Space Race
Morgan Stanley has compiled a list of 60 stocks with ties to the space industry. The seven categories include alloys, propulsion, and parts.
MCD
McDonald’s Puts Red Bull On The Menu
Red Bull is an enormous energy drink company. It sold 14 billion cans last year, generating $14 billion in revenue. Its primary benefit to buyers is its high level of caffeine. Red Bull only has two major competitors. One in Monster (NASDAQ: MNST), which has a market cap of $73 billion. The other is Celsius ... McDonald’s Puts Red Bull On The Menu
NVDA
McDonald’s Puts Red Bull On The Menu
Red Bull is an enormous energy drink company. It sold 14 billion cans last year, generating $14 billion in revenue. Its primary benefit to buyers is its high level of caffeine. Red Bull only has two major competitors. One in Monster (NASDAQ: MNST), which has a market cap of $73 billion. The other is Celsius ... McDonald’s Puts Red Bull On The Menu
PEP
McDonald’s Puts Red Bull On The Menu
Red Bull is an enormous energy drink company. It sold 14 billion cans last year, generating $14 billion in revenue. Its primary benefit to buyers is its high level of caffeine. Red Bull only has two major competitors. One in Monster (NASDAQ: MNST), which has a market cap of $73 billion. The other is Celsius ... McDonald’s Puts Red Bull On The Menu
NVDA
One Nvidia Rumor Was Enough To Move PC Stocks
Sector rallies on potential acquisition talks
NVDA
This Popular ETF Just Had 1 of Its Biggest Portfolio Adjustments Ever. What Investors Need to Know.
The Schwab U.S. Dividend Equity ETF just saw a big shift in its portfolio.
INTC
This Popular ETF Just Had 1 of Its Biggest Portfolio Adjustments Ever. What Investors Need to Know.
The Schwab U.S. Dividend Equity ETF just saw a big shift in its portfolio.