JPMorgan Chase & Co
Stripe valued at $159 billion after tender offer for employees, shareholders
John Collison, president and co-founder of Stripe. Christophe Morin | IP3 | Getty Images Fintech startup Stripe is now valued at $159 billion after a secondary stock sale for employees and shareholders, the company announced Tuesday. The valuation shows blistering growth from a year ago, when it was valued at $91.5 billion. Stripe’s valuation nearly […]
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Jamie Dimon says ‘watch out’ as lofty asset prices add to economic risks: ‘My anxiety is high’
Key Points Even as economists tout the Trump administration’s tax and deregulatory policies as boosting economic growth this year, JPMorgan Chase CEO Dimon said that his own tendencies were to consider what could go wrong. “My own view is people are getting a little comfortable that this is real, these high asset prices and high […]
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Cybersecurity stock selling deepens on AI threat concerns. Why we’re not bailing
Investors are running for the exits on cybersecurity stocks as persistent artificial intelligence disruption fears overpower the industry’s strong fundamentals. We are not among them. The steep sell-off began Friday and extended into Monday’s session following Anthropic’s announcement of Claude Code, an AI-powered assistant designed to scan code bases for security vulnerabilities and suggest targeted […]
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Stocks making the biggest moves midday: KKR, Blackstone, CrowdStrike, International Paper & more
Check out the companies making the biggest moves midday: Financials — The financials sector of the S & P 500 slid more than 3% in midday trading, the worst performer in the broad market. Alternative asset managers KKR and Blackstone slid roughly 9% and 7%, respectively, after activist hedge fund Saba Capital Management and Cox […]
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China’s DeepSeek is set to release a new AI model. A rough period for Nasdaq stocks could follow
The release of a new artificial intelligence model from China’s DeepSeek could mean a rough period will follow for Nasdaq stocks. The Chinese AI company has yet to announce a release date, but it’s expected to be imminent following last week’s conclusion of the Lunar New Year celebration. The startup has announced previous models early […]
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Stocks making the biggest moves premarket: Arcellx, Novo Nordisk, Domino’s Pizza and more
Check out the companies making headlines before the bell. Arcellx — The biotech stock surged 78% after Gilead Sciences said Monday it agreed to acquire Arcellx for $7.8 billion, offering $115 per share in cash at closing and one contingent value right of $5 per share. Arcellx focuses on immunotherapies for patients with cancer and […]
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JPMorgan concedes it closed Trump’s accounts after Jan. 6 attack on the Capitol
President Donald Trump (L), and JP Morgan CEO, Jamie Dimon. Reuters JPMorgan Chase acknowledged for the first time that it closed the bank accounts of President Donald Trump and several of his businesses in the political and legal aftermath of the Jan. 6, 2021, attacks on the U.S. Capitol, the latest development in a legal […]
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Berkshire was a net seller of stocks in Buffett’s final quarter as CEO
(This is the Warren Buffett Watch newsletter, news and analysis on all things Warren Buffett and Berkshire Hathaway. You can sign up here to receive it every Friday evening in your inbox.) Berkshire was a net seller of stocks in Buffett’s final quarter as CEO Zoom In IconArrows pointing outwards Berkshire has sold Apple shares […]
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Jim Cramer’s top 10 things to watch in the stock market Friday
My top 10 things to watch Friday, Feb. 20 1. Blue Owl Capital’s loan sales, part of a plan to return capital to investors, has observers bringing out “canary in the coal mine” warnings again. While many private credit loans seem mismarked, this situation doesn’t appear tragic in nature. 2. Stock futures were lower after […]
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Trump could attack Iran in days — what’s at stake for the oil market
A full-blown war between the United States and Iran could, in a worst-case scenario, send oil prices soaring and cause an economic downturn. With a massive U.S. military buildup underway in the Middle East, President Donald Trump signaled Thursday that he will decide in the next 10 days whether to launch strikes against Iran. “This […]
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