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Goldman Sachs, JPMorgan and Morgan Stanley are dominating the AI stock boom. Here's their edge
21 October 2026Wall Street’s Big Three have generated $52 billion in equity trading revenue this year, capturing about 80% of the market on rising margin lending to hedge funds. -
HSBC CEO warns the AI boom won’t make every data center a good bet
20 October 2026Data center campuses house the servers that power AI and cloud computing. -
The world’s finance chiefs see new risks — and less China angst
20 October 2026Debt, AI and Ukraine dominated the conversation at the IMF-World Bank meetings in Bangkok, while China, the focus in 2018, slipped into the background. -
Anthropic is AI trade's last big hope for a major IPO this year
19 October 2026On Kalshi, Anthropic is seen as the last major IPO in 2026 after OpenAI delayed its public market debut. Others have postponed too. -
Robot factories and hypersonic missiles: JPMorgan Chase's first $5 billion of defense investments
19 October 2026With $5 billion already deployed off its balance sheet, JPMorgan Chase is racing ahead on direct investments in defense tech, hardware and supply chains. -
Software’s new consolidator gets big vote of confidence from Berkshire
17 October 2026Less than four months into life as a public company, Bending Spoons got a big vote of confidence this week from Berkshire Hathaway. -
'Dead money’ for a decade: Why this hedge fund approach may deliver an advantage over bonds
17 October 2026Investors may want to rethink their bond allocation and opt for managed futures exposure. -
U.S. presses China on Mastercard, Citigroup market access in bilateral Bangkok talks, official says
16 October 2026The U.S. raised market access issues for Mastercard and Citigroup in China during bilateral meetings in Bangkok this week, a U.S. Treasury official says. -
People in China are spending nearly as much of their income as Americans on healthcare
15 October 2026Increasing government spending on healthcare could help boost consumption in China, the International Monetary Fund said. -
Harvard’s endowment jumps 27% in fiscal 2026, lifted by SpaceX as top holding
15 October 2026The latest 12-month period marked the strongest return for the university's fund since 2021. -
China indicates rare earths will keep flowing to EU, regardless of U.S. trade deal expiration
15 October 2026European trade commissioner Maroš Sefčovič met with Chinese Commerce Minister Wang Wentao in Beijing last week. -
Morgan Stanley tops estimates as equities trading revenue beats expectations by $909 million
14 October 2026Morgan Stanley topped expectations on the top and bottom lines for the third quarter. -
Bank of America shares drop after third-quarter revenue miss and regulatory penalty
14 October 2026Bank of America shares fell Wednesday after the company posted weaker-than-expected trading revenue and the impact of a $1.2 billion Treasury fine. -
Bank of America hired 1,000 contractors to patch software flaws exposed by Anthropic's Mythos
14 October 2026Bank of America hired 1,000 contractors to patch software flaws exposed by Anthropic’s Mythos, offering a rare look at costs involved in defending against AI. -
China's exports and imports surge past expectations in September
14 October 2026The country's customs agency released September trade data on Wednesday. -
Goldman says investors are looking for 'profitable' Chinese business growth overseas
13 October 2026Sluggish consumer demand in China has pushed many companies, such as electric car brands, to accelerate plans for entering other countries. -
JPMorgan Chase blocks outside AI agents like Muse, Instinct from directly accessing accounts
13 October 2026JPMorgan Chase CEO Jamie Dimon warned of rogue agents operating at scale and said the bank is building defensive tools. -
Williams says Fed may not have to hike rates in 2027, at odds with traders
13 October 2026New York Fed President John Williams sees one more rate hike in 2026 but no additional increase in 2027 as inflation pressures ease. -
Visa gets Beijing's green light for bank card business after 40 years of working with China
13 October 2026The incremental approval comes as the U.S. and Chinese presidents are due to meet for a third time this year next month. -
'Boring is not bad': CEO of Southeast Asia's largest bank pitches Singapore as a haven amid global turmoil
13 October 2026Singapore is a bastion of safety amid global turmoil, according to the CEO of DBS.