Kolanovic Returns With Prediction for An S&P 500 Downturn

Feb 3, 2025 | Markets

Ex-JPMorgan chief strategist sees bevy of risks for stocks ‘Some probability’ of benchmark going lower into the 4,000s A lot has happened since news of Marko Kolanovic’s abrupt exit from JPMorgan Chase & Co. last summer sent shockwaves across Wall Street....

Drone Defense Startup Raises $100 Million From DFJ, Lockheed

Feb 3, 2025 | Markets

Hidden Level won a 10-year contract with the US Army last year Startup part of growing number of defense firms raising cash Investors including Lockheed Martin Ventures and DFJ Growth have backed a drone defense company called Hidden Level Inc., the latest national...

Musk Says DOGE Halting Treasury Payments to US Contractors

Feb 2, 2025 | Markets

Musk Calls USAID ‘a criminal organization’ that should ‘die’ Billionaire expanding his reach across government spending Elon Musk said his “DOGE team” of government efficiency enforcers is shutting down some payments to federal contractors, suggesting that the world’s...

DeepSeek Will Hardly Dent Magnificent Seven Stocks, Survey Shows

Jan 31, 2025 | Markets

Most respondents are maintaining their stock exposure Trump policies will likely drive equity volatility, they said DeepSeek’s emergence roiled markets earlier this week, but investors see limited scope for the Chinese artificial intelligence startup to dent the...