Wall Street

Why the new spot ether ETFs may ‘be a hit’ despite recent weakness

It’s a historic week for the cryptocurrency markets with spot ether exchange-traded funds making their debut. Franklin Templeton is one…

Berkshire Hathaway dumps $2.3 billion of Bank of America shares in a 6-day sale

Berkshire Hathaway dumped more Bank of America shares this week, making it six straight trading days that Warren Buffett’s conglomerate…

Harris’ Wall Street allies strategize on private call, Rubin, Lasry, Wolf among them

Vice President Kamala Harris’ allies on Wall Street huddled on a private Zoom call Wednesday to strategize how to defeat…

Warren Buffett’s Berkshire trims Bank of America stake for the first time since 2019 after strong rally

Berkshire Hathaway trimmed its gigantic Bank of America holding for the first time in 4½ years following the bank’s strong…

‘Just buying, buying, buying’: What the recent small-cap boom suggests about the appetite for risk

The money flow into small caps may not be a rotation from winning growth trades. Dave Nadig, ETF journalist and…

Small caps are the hottest trade going in the stock market now and they surged another 3% Tuesday

Small-cap stocks are on a tear right now as they took the baton from megacap technology shares last week to…

Morgan Stanley tops estimates on stronger-than-expected trading and investment banking

Morgan Stanley said second-quarter profit and revenue topped analysts’ estimates on stronger-than-expected trading and investment banking results. Here’s what the…