Societe Generale posts sharp profit drop as net banking income slides
Societe Generale on Thursday reported a sharp decline in fourth-quarter net profit on the back of weaker net banking income,…
This semi name just hit a fresh all-time high. Why its stock market dominance could last
Nvidia shares hit a fresh all-time high on Wednesday, and its gains may still be in the early innings, according…
NYCB woes reignite fears about shaky banks as anniversary of March crisis nears
Embattled lender New York Community Bank disclosed a litany of financial metrics in the past 24 hours in a bid…
Hedge fund billionaire Bill Ackman to launch a NYSE-listed fund for regular investors
Pershing Square’s Bill Ackman is set to offer a new investment vehicle listed on the New York Stock Exchange, aiming to…
NYCB names new chairman after Moody’s downgrades bank’s credit rating to junk
New York Community Bank on Wednesday promoted its chairman to help stabilize the company’s operations, hours after Moody’s Investors Service downgraded the bank’s…
Ken Griffin’s Citadel hedge fund rose 1.9% in January as volatility ramped up
Billionaire investor Ken Griffin’s flagship hedge fund rose last month as volatility made a return amid the debate about rate cuts,…
Stock market in a ‘very dangerous’ position as jobs and wages run hot, fund manager says
The U.S. stock market is in a “very dangerous” spot as persistently strong jobs numbers and wage growth suggest the…
These ETFs could help investors reduce Big Tech exposure
Big Tech’s market dominance may push more investors to equal-weight exchange-traded funds, according to VettaFi’s Todd Rosenbluth. “Investors are getting…
A Goldman Sachs-backed electricity firm is making a play to reach more Americans’ homes
Goldman Sachs abandoned an ill-fated push into consumer banking in late 2022, but an investment in a Texas energy retailer…
