Wall Street

Citadel’s Ken Griffin says the A.I. community is making a mistake by creating so much hype

Ken Griffin, founder and CEO of Citadel, believes the hype around artificial intelligence could be overblown at this early stage.…

Stock markets are ignoring a ‘laundry list’ of risks, strategist says

Stock markets are ignoring a “laundry list” of potential risks in their recent bull run, and a big downturn could…

Stocks making the biggest moves premarket: Palo Alto Networks, Apple, Target and more

Check out the companies making headlines in premarket trading. Apple — The tech giant’s shares rose about 1% ahead of…

Italy is a bargain for vacationing Americans. Not so much for Italians

RIMINI, Italy — The seaside town of Rimini is the Jersey Shore of Italy: From here to the port town of…

‘Not just a fad’: Firm launches fund designed to capitalize on A.I. boom

A major ETF firm provider is betting the artificial intelligence boom is just starting. Roundhill Investments launched the Generative AI…

Why wealthy Americans love UBS, the secretive Swiss banking giant

With its $3.2 billion acquisition of Credit Suisse, UBS is poised to climb the ranks of global mega banks. UBS…

Here’s where the jobs are for May 2023 — in one chart

The U.S. payrolls report for May blew past expectations, supported by strong jobs gains in the professional and business services…