Etsy Inc., once known as a quirky marketplace for handmade, artisanal and vintage items, seems to be moving further away from its origins amid a much tougher e-commerce…
Read more Etsy drifts further away from its roots with first Super Bowl adMicrosoft Corp. and Alphabet Inc. both reported mostly strong results Tuesday, but the disparate reactions from investors showed that Wall Street only cares about artificial intelligence right now.…
Read more Microsoft and Alphabet results show Wall Street only cares about AINearly a year ago, OpenAI released ChatGPT 3 into the world, and investors got visions of dollar signs in their heads as they imagined the ways that artificial…
Read more AI stole the show this year, but earnings will drag Wall Street back to realityWith Cisco Systems Inc.’s pending acquisition of Splunk Inc., the networking giant is making another major step toward becoming a software company. On Thursday, Cisco CSCO said it…
Read more By buying Splunk, Cisco is closer to becoming a software companyMajor U.S. banks including Morgan Stanley and JPMorgan Chase & Co. announced dividend increases late Friday, in the wake of the results of the Federal Reserve’s latest bank…
Read more JPMorgan, Goldman, Citi and Morgan Stanley boost dividends after Fed stress testsMicron Technology Inc. could be approaching a big new semiconductor cycle as it predicts a huge boost from artificial intelligence, but there could be a roadblock in the…
Read more Can the coming AI boom help Micron outrun negative China effects?“‘Icahn’s favorite Wall Street saying: “If you want a friend, get a dog.” Over his storied career, Icahn has made many enemies. I don’t know that he has…
Read more Bill Ackman resurrects billionaire feud, saying Carl Icahn needs a friend. Icahn’s company’s stock tumbles 21%.The U.S. stock market is closed Friday, April 7, for the Good Friday holiday, but the bond market will be briefly open. Friday morning has seen the release…
Read more Are U.S. markets open on Good Friday?Wall Street bonuses fell 26% in 2022, the largest drop since the collapse of Lehman Brothers in 2008, as New York state and city officials dial back their…
Read more Wall Street bonuses fall by the most since 2008 as policy makers mull economic impactThe collapse of Silicon Valley Bank sent shockwaves through the global economy and had the makings of another crisis. Depositors raced to withdraw money. Banks worried about the…
Read more Sen. Sherrod Brown: American consumers losing power over their savings and paychecks is an emergency, too.
