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Wall Street
Is Elon Musk the bankers' Moby Dick? Not yet
Big banks study the full package of what their whales are worth over years. Since the financial crisis of 2008, the strategy across Wall Street has been to focus on ever-smaller groups of the very biggest clients, and get from them the greatest share of revenue for everything they might do in the corporate and personal worlds. Musk epitomizes this model.
22 August 2024, 10:39 IST
Is Elon Musk the bankers' Moby Dick? Not yet
22 August 2024, 10:39 IST
Nvidia sales grow so fast that Wall Street can’t keep up
For more than a year now, a surge in demand for Nvidia’s chips sparked by the frenzy surrounding AI has made a mockery of Wall Street’s quarterly financial estimates.
24 June 2024, 07:20 IST
Nvidia sales grow so fast that Wall Street can’t keep up
24 June 2024, 07:20 IST
Dilemma on Wall Street: Short-term gain or climate benefit?
The news from Wall Street lately has mostly been about retreat from climate goals, rather than recommitment.
20 June 2024, 16:57 IST
Dilemma on Wall Street: Short-term gain or climate benefit?
20 June 2024, 16:57 IST
Investors scour the globe for shelter as Wall Street shakes
Global investors are eyeing European and emerging market assets to protect themselves from further turbulence in US stocks and bonds as stubborn inflation causes bets on the timing of Federal Reserve interest rate cuts to be revised.
01 May 2024, 05:55 IST
Investors scour the globe for shelter as Wall Street shakes
01 May 2024, 05:55 IST
Wall Street's "fear gauge" at over 5-month high on rate cut, Mideast worries
The benchmark SP 500 has slid more than 4% this month through Thursday, cutting its gains for the year to about 5%.
19 April 2024, 09:43 IST
Wall Street's "fear gauge" at over 5-month high on rate cut, Mideast worries
19 April 2024, 09:43 IST
Wall Street snubs China for India in a historic markets shift
Much of that cash is now heading for India, with Wall Street giants like Goldman Sachs Group Inc. and Morgan Stanley endorsing the South Asian nation as the prime investment destination for the next decade.
06 February 2024, 04:30 IST
Wall Street snubs China for India in a historic markets shift
06 February 2024, 04:30 IST
Tech’s growth woes pose risk to India stocks’ sizzling rally
An estimated slowdown in revenue growth for India’s top technology companies is threatening to stall the relentless surge in the nation’s stocks, which were among Wall Street’s top emerging-market picks.
11 January 2024, 03:15 IST
Tech’s growth woes pose risk to India stocks’ sizzling rally
11 January 2024, 03:15 IST
Inside Wall Street's scramble after ICBC hack
The blackout left the brokerage temporarily owing BNY Mellon $9 billion, an amount many times larger than its net capital, a measure of resources at hand to promptly satisfy claims.
13 November 2023, 06:46 IST
Inside Wall Street's scramble after ICBC hack
13 November 2023, 06:46 IST
Should your ex-boss get a say in your new job? Wall Street says yes
The employment clauses have long been used by big-name companies to prevent top employees from working for a nearby competitor, typically for six months to two years after leaving, allowing firms to protect intellectual property and deter brokers and consultants from poaching clients. But that may soon change in New York.
12 November 2023, 11:14 IST
Should your ex-boss get a say in your new job? Wall Street says yes
12 November 2023, 11:14 IST
McDonald's beats sales estimates as cheaper menu, new launches drive demand
Shares of the company rose about 2 per cent to $261 in premarket trading as it also raised its quarterly cash dividend by 10 per cent.
30 October 2023, 12:12 IST
McDonald's beats sales estimates as cheaper menu, new launches drive demand
30 October 2023, 12:12 IST
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