Supreme Court, Trump and Wall Street
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Centerview Partners has reached a settlement with a former analyst just before a trial was set to begin over its grueling 100-hour workweeks.
Jeffrey Epstein is once again haunting one of the most powerful firms on Wall Street: Apollo Global Management.
The Development Finance Corporation (DFC), a little-known government agency, opened its first Wall Street outpost last week — and it’s got $205 billion and a mission to out-invest China on the world stage.
Financial institutions are making the most of emerging AI products to make everything about their back-office operations more efficient.
However, virtually every Wall Street analyst who follows Netflix thinks the stock is undervalued at its current price of $79 per share, according to LSEG. The lowest target price of $79 per share implies no change. But the highest target price of $150 per share (from Vikram Kesavabhotla at Baird) implies 90% upside.
Wall Street is rapidly selling stocks of companies vulnerable to AI disruption, wiping billions from financial firms such as Charles Schwab, Raymond James and LPL Financial.
Top derivatives marketplace CME will adopt 24/7 crypto trading on May 29, pending regulatory approval. The CFTC has indicated it supports such moves.
The end of Jerome Powell's term as Federal Reserve chair brings about more questions than answers.
By Lucy Raitano and Amanda Cooper LONDON, Feb 20 (Reuters) - U.S. investors are pulling money out of their own stock market at the fastest pace in at least 16 years as Big Tech returns fade and better-performing overseas markets look more attractive.