Just two weeks ago, high-flying mega-tech stocks and their chipmaking cousins were powering the Nasdaq 100 Index to yet another record. It was the 53rd all-time high for the tech-heavy benchmark since March 2023, when ChatGPT launched dreams of an artificial...

Treasury Secretary Scott Bessent rejected the idea that President Donald Trump’s tariff hikes will ignite a new wave of inflation, and suggested that the Federal Reserve ought to view them as having a one-time impact. “I’ve agreed not to talk about prospective Fed...

The company is raising $240 million and pushing into software. Defense startup Shield AI has finalized a deal to raise $240 million from investors at a valuation of $5.3 billion — a funding round that adds billions to the company’s valuation, and underscores Silicon...

Oil prices for next year have fallen alongside nearby futures markets, a move that runs the risk of menacing supply growth. While US crude slipped toward $65 a barrel Wednesday to briefly touch the lowest level since May 2023, average prices for 2026 are closer to...

Forget LLMs. Silicon Valley investors have a new favorite AI play. Not long ago, Silicon Valley was dismissive of startups like Harvey. While OpenAI developed cutting-edge artificial intelligence models with the potential to shake up almost every industry, Harvey had...

Uncertainty around tariffs and inflation has hurt US business optimism since Donald Trump’s return to the White House in January, marking a sharp reversal from the buoyant mood among executives after his win in the presidential election, a survey shows. Less than...

The euro’s best three-day rally since 2015 is encouraging traders to bet the currency will rise 10% further in coming months. Hedge funds are buying options betting that the currency could reach as high as $1.20 in six to nine months, according to FX traders familiar...

Developing-nation assets jumped on bets higher tariffs will slow the US economy and divert investment flows into other markets. An MSCI Inc. gauge for emerging-market stocks ended the session 2.1% higher Wednesday, clocking its best day since September. Eastern...

A memo sent to staffers at the Department of Veterans Affairs said that the agency plans to return to pre-2019 staffing levels, according to a copy seen by Bloomberg News, meaning tens of thousands of employees could lose their jobs. The VA, which provides care for...

Financial markets are signaling that the risk of a recession is growing as tariff-related uncertainty and indicators of economic weakness spread fear across Wall Street. A model from JPMorgan Chase & Co. shows that the market-implied probability of an economic...

S&P 500 Market Concentration Over 145 Years The S&P 500, one of the leading stock market indexes in the world, tracks 500 of the largest companies listed on stock exchanges in the United States. It covers approximately 80% of available market capitalization...

Bridgewater’s founder on gold, Bitcoin and why the new administration must get to work on deficit reduction Ray Dalio, the billionaire founder of hedge fund Bridgewater Associates, has a warning for the Trump administration: commit right now to reducing the deficit or...

A choppy February for investors was punctuated by a poor reading on consumer confidence, a soft report on consumer spending, and a sell-off across many of the momentum trades that had defined the market action this year. "The fear here among a lot of investors now...