The Indian American investor is winding down Shah Capital after reporting more than $1 billion in gains.
Browsing: Wall Street
Rising borrowing costs, stretched valuations and mounting leverage are testing the foundations of Wall Street’s artificial intelligence boom.
US semiconductor stocks face a $2 trillion market value loss as rising interest-rate expectations and AI infrastructure costs fuel a sell-off.
Wall Street’s post-midterm rally will depend on bond yields, oil prices, Federal Reserve policy and AI financing, beyond November 3 election results.
OpenAI launched ChatGPT for financial services, targeting research and analysis work traditionally handled by junior Wall Street bankers.
More than 10 customers have signed up for Truth API, which allows faster access to market-moving posts on Truth Social
Trump peddles truths, half truths and tall tales — all for a price
Hackers targeted Wall Street financial firms and money managers in a “vishing” attack involving phone calls.
Strong quarterly tech results lifted major stock indexes despite long-term borrowing costs reaching a 19-year high.
Meta and BlackRock are partnering on a $14 billion data center campus in Texas as Wall Street backs rising AI infrastructure spending.
Apple’s market capitalization recently surpassed $5 trillion, making it the second company ever to cross that milestone, after Nvidia.
Trump Media to come with premium Truth API worth up to $100,000 monthly, offering Wall Street firms faster access to President Trump’s posts.
BlackRock beat second-quarter earnings estimates as assets under management climbed to a record $15.34 trillion.
JPMorgan Chase reported record second-quarter profit as investment banking fees and trading revenue surged.
SpaceX shares fell as post-IPO enthusiasm cooled, though the stock remains above its offering price amid valuation scrutiny.
Roughly three-quarters of that, more than $450 billion, is going directly into AI infrastructure: data centers, chips, power.
After its record-breaking IPO, SpaceX begins trading under intense investor scrutiny as markets weigh growth prospects .
OpenAI is reported to file confidential IPO filing plans as investor interest in artificial intelligence companies.
SEC proposes major IPO rule overhaul easing compliance norms, aiming to revive public listings and boost Wall Street activity.
History shows that when the United States becomes the primary absorber of global instability, it eventually faces the consequences.
A lawsuit filed by Nepali American former banker Chirayu Rana against JPMorgan Chase and executive Lorna Hajdini has intensified scrutiny…
The U.S. market’s resilience amid Middle East turmoil, AI-driven cost cutting and global capital flight may reflect not economic strength, but the absence of viable alternatives elsewhere.
JPMorgan reportedly offered a $1 million settlement before sexual assault allegations by a former banker went viral online.
Alphabet beats earnings, but heavy AI infrastructure spending outlook unsettles Wall Street despite strong Google Cloud growth.
From Wall Street to Silicon Valley, attention is building around a rare convergence of potential blockbuster listings