May 12, 2026 | Markets
Goldman Sachs Group Inc.’s use of artificial intelligence is helping the bank scale up without requiring much more hiring, according to President and Chief Operating Officer John Waldron. “I often describe Goldman Sachs as a human assembly line,” Waldron said in an...
May 12, 2026 | Markets
The seven largest stockholdings of European sustainable investment funds are US technology companies led by Microsoft Corp. and Nvidia Corp. Of the funds’ top-10 holdings, just one is based in Europe: ASML Holding NV, according to research from Morgan Stanley....
May 12, 2026 | Markets
Waymo is recalling thousands of robotaxis to fix a software issue that could cause the autonomous vehicles to drive on flooded roads. The recall affects 3,791 vehicles equipped with the company’s fifth- and sixth-generation automated-driving system, according to...
May 11, 2026 | Markets
Global oil markets are losing 100 million barrels every week the Strait of Hormuz is shut, compounding a supply shortage that has already made the Middle East war the most significant supply disruption ever, according to the head of Saudi Arabia’s state oil producer....
May 11, 2026 | Markets
A blistering rally has pushed the S&P 500 Index back to all-time highs, and Wall Street veteran Ed Yardeni is confident the benchmark can breach 8,000 points by the end of 2026. Yardeni raised his year-end price target on the 500-member gauge from 7,700 to 8,250,...
May 11, 2026 | Markets
Michael Burry, the investor made famous in The Big Short, is warning that the Nasdaq 100 Index is headed toward a dramatic reversal after a “parabolic” surge that has driven technology valuations to unsustainable heights. In a post on Substack, Burry said the market...
