Yahoo Finance 
Yahoo Finance Plus C3.ai Stock Is Soaring. It’s Launching AI Software Tools.
C3.ai, which provides analytics tools for large enterprises, is adding a generative artificial intelligence tool that includes ChatGPT.
C3.ai, which provides analytics tools for large enterprises, is adding a generative artificial intelligence tool that includes ChatGPT.
The Fed and other central banks want to bring down inflation at all costs. Is it worth it?
Elon Musk on late Monday offered his opinion on what the Federal Reserve should do with its benchmark interest rate. The Fed's FOMC is meeting for two days this week.
Bank runs and extreme market volatility – are the shades of 1929 upon us? Probably not, the current situation, while dangerous, is unlikely to trigger an economy-wide depression. The real test, at least according to David Kelly, JPMorgan’s chief global strategist for asset management, will come on Wednesday, at the Federal Reserve’s next interest rate policy meeting. The central bank will have to determine which risk is more urgent, persistent high inflation or a bank crisis, and adjust its rece
Saudi Crown Prince Mohammed bin Salman last year directed government-backed Saudi National Bank to make a $1.5 billion investment in Credit Suisse that his financial advisers harbored doubts about.
(Bloomberg) -- Nio Inc. is “very confident” of meeting its target of doubling sales to 250,000 electric vehicles this year, Chief Financial Officer Steven Feng said, prompting the Chinese automaker’s shares to surge in Hong Kong. Most Read from BloombergBomb Threat Called In to New York Court Where Trump Hearing HeldSVB’s Loans to Insiders Tripled to $219 Million Before It FailedUS Studies Ways to Insure All Bank Deposits If Crisis GrowsBiden Stunts Growth in China for Chipmakers Getting US Fund
Airfare prices move up and down based on two major things -- passenger demand and the cost of actually flying the plane. Domestic air travel traffic for 2022 rose 10.9% compared to the prior year. The nation's air traffic in 2022 was at 79.6% of the full-year 2019 level.
Abel, who heads the non-insurance operations of Berkshire (ticker: BRK.A, BRK.B), purchased 55 class A shares at a price of $447,259 on Friday, lifting his stake in the A shares to 228 shares. Berkshire shares rose 1% Tuesday to $460,515, and the B shares gained 0.9% to $303.85. The purchases were made on behalf of the Gregory Abel Revocable Trust on behalf of his wife, children, and other family members.
UBS on Sunday agreed to buy rival Swiss bank Credit Suisse for 3 billion Swiss francs ($3.23 billion) in stock and agreed to assume up to 5 billion francs ($5.4 billion) in losses, in a shotgun merger engineered by Swiss authorities to avoid more market-shaking turmoil in global banking. Klein, a veteran dealmaker, was merging his eponymous advisory boutique into Credit Suisse's investment banking operations to create CS First Boston as a standalone business which he would have led from New York. UBS has now assigned a legal team to examine how to void the contract Credit Suisse signed with Klein in the cheapest way possible, according to the FT report, which cited people with direct knowledge of the matter.
Before this sale, ARK Invest owned 9.9 million shares of the crypto exchange worth $575 million.
(Bloomberg) -- First Republic Bank shares rose in early trading as all eyes remained on how talks aimed at shoring up the midsize lender were progressing amid a crisis of confidence.Most Read from BloombergBomb Threat Called In to New York Court Where Trump Hearing HeldSVB’s Loans to Insiders Tripled to $219 Million Before It FailedUS Studies Ways to Insure All Bank Deposits If Crisis GrowsBiden Stunts Growth in China for Chipmakers Getting US FundsSwiss Are On the Hook for $13,500 Each on Credi
When Amazon announced it was eliminating 9,000 jobs March 20, CEO Andy Jassy wrote a message that was posted to an Amazon blog. The new layoffs were to affect Amazon Web Services (AWS), People Experience and Technology Solutions (PXT Solutions), advertising and the video live streaming service Twitch.
(Bloomberg) -- UBS Group AG is offering to buy back 2.75 billion euros ($3 billion) worth of bonds it issued to investors just days before rescuing Credit Suisse Group AG. Most Read from BloombergBomb Threat Called In to New York Court Where Trump Hearing HeldSVB’s Loans to Insiders Tripled to $219 Million Before It FailedUS Studies Ways to Insure All Bank Deposits If Crisis GrowsBiden Stunts Growth in China for Chipmakers Getting US FundsSwiss Are On the Hook for $13,500 Each on Credit Suisse B
Palo Alto Networks and Salesforce lead this list of 16 top-rated growth stocks eyeing 50% to 439% EPS growth this year.
It's the second scandal involving fake nickel in as many months.
Reuters Credit Suisse Bondholders Enraged As $17B Of AT1 Debt To Be Written Down To Zero: What It Means Credit Suisse Group AG (NYSE: CS) said 16 billion Swiss francs ($17.24 billion) of its additional tier 1 (AT1) debt, a type of bond, will be written down to zero on the orders of the Swiss regulator FINMA as part of its rescue merger with UBS Group AG (NYSE: UBS). The decision by the Swiss regulator would mean AT1 bondholders may be left with nothing while shareholders, who sit below bonds in
(Bloomberg) -- Signature Bank’s partial takeover by a competitor is notable for what it doesn’t include: $11 billion of loans against a class of New York City apartments whose values have tumbled in recent years.Most Read from BloombergBomb Threat Called In to New York Court Where Trump Hearing HeldUS Studies Ways to Insure All Bank Deposits If Crisis GrowsJPMorgan Owned the LME ‘Nickel’ That Was Actually Bags of StonesSwiss Are On the Hook for $13,500 Each on Credit Suisse BailoutSVB’s Loans to
There's a much bigger cost to it than you might think.
Is the Fed's next rate hike decision going to be "poorly perceived" by the markets and bring the U.S. economy closer to recession? Experts Mike Lee and Kathryn Rooney Vera weigh in.
(Bloomberg) -- UK inflation rose unexpectedly for the first time in four months after food and drink prices soared at the fastest pace in 45 years.Most Read from BloombergBomb Threat Called In to New York Court Where Trump Hearing HeldSVB’s Loans to Insiders Tripled to $219 Million Before It FailedUS Studies Ways to Insure All Bank Deposits If Crisis GrowsBiden Stunts Growth in China for Chipmakers Getting US FundsSwiss Are On the Hook for $13,500 Each on Credit Suisse BailoutThe Consumer Prices