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BlackRock Scales Back Equities After ‘Generational’ Earnings
BlackRock Inc. is trimming its bet on stocks across its $220 billion model-portfolio business as US equities surge to record highs following a strong earnings season. The world’s largest asset manager cut its overweight position in equities from 3% to 1%, according to...
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SpaceX Weighs Confidential IPO Filing as Soon as March
SpaceX is targeting filing confidentially for an initial public offering as soon as next month, according to people familiar with the matter, as billionaire Elon Musk’s rocket and satellite company moves forward with plans for the biggest-ever listing. The Starbase,...
Wells Fargo Deepens Private Equity Lending Push With New Team
Wells Fargo & Co. — nearly two years after starting a venture with Centerbridge Partners — is building out another new hook to the bank’s lending machine: offering loans to smaller private equity shops. The bank has formed a mid-cap sponsor group in its commercial...
Smartphone Market Set to Shrink 13% Due to Memory Chip Crisis, IDC Says
The global smartphone market will contract 12.9% in 2026 because of the unprecedented memory chip shortage, marking “a crisis like no other,” according to researcher IDC. The new forecast, a dramatic revision down from earlier estimates, gives the latest accounting of...
Brain Tumor Survivors Are Forcing a Rethink of Cancer Care
By studying patients who outlive their prognosis, scientists are learning how glioblastoma spreads, adapts and might finally be contained. When Kyle Donohue was diagnosed with glioblastoma, the most aggressive form of brain cancer, in spring 2021, she was given about...
Trump Agenda Needs Allies to Stick by US Debt as Others Flee
The US is becoming ever more dependent on its closest allies to fund its swollen debt burden, exposing a vulnerability in the $30 trillion Treasuries market. Countries that are aligned with Washington bought $463.9 billion of Treasuries in 2025, the biggest annual net...
Drone Maker Kratos Defense Seeks $1 Billion in Share Sale
Kratos Defense & Security Solutions Inc. is seeking to raise $1 billion in a share sale, as government spending on defense ramps up. The San Diego-based firm is offering shares for $83 to $85 each in a share sale marketed overnight, according to people familiar...
Tech stocks today: Nvidia stock rises as guidance signals AI boom alive and well
Nvidia (NVDA), the world's largest company by market capitalization, reported fourth quarter results after the closing bell on Wednesday in a highly anticipated release amid growing concerns about how big bets on AI will pay off. Nvidia's quarterly results have become...
Pay Gap Complicates Global Hunt for Australian Pension Chiefs
For executive leaders or investment chiefs tempted by a move to Australia, some of the country’s most influential finance roles are up for grabs. The catch: the lifestyle upgrade may come with a slimmer pay packet. AustralianSuper, the country’s top pension fund, is...
Housing Stocks Hit Hard by Gloomy Outlooks, Trump’s Snub
Stocks exposed to the US housing market plummeted Wednesday as investors assessed grim outlooks from companies like home improvement retailer Lowe’s Cos Inc., and weighed the lack of a housing policy update during President Donald Trump’s State of the Union speech....
Jamie Dimon warns markets resemble pre-financial crisis era: ‘I see a couple of people doing some dumb things’
JPMorgan Chase (JPM) CEO Jamie Dimon said Monday that the financial world looks a lot like the heyday in the years ahead of the global financial crisis. “Unfortunately, we did see this in '05, '06, '07, almost the same thing," Dimon said at the firm's annual investor...






