Wall Street is warning the AI trade may be overheating as record spending, investor optimism, and soaring valuations fuel fresh fears of a bubble.

NYC's mayoral election reveals Wall Street's wealth gap. Staffers worried about cost of living back Mamdani, while their bosses donate to Cuomo.

Wall Street’s biggest banks are taking advantage of rising stock underwriting after a powerful equity rally reignited the IPO market, fueling double-digit percentage gains in advisory revenue.

The First Brands debacle shows why. First Brands is hardly a capital-markets backwater. Look at the roll call of institutions affected by its blow-up. Shares in Jefferies, which had raised money for the company,

Goldman Sachs, JPMorgan, Morgan Stanley, Bank of America and Citi all posted strong earnings returns — signs a dealmaking wave may be here to stay.

In the latest quarter, the largest U.S. banks led by JPMorgan Chase (JPM.N), Goldman Sachs (GS.N), and Bank of America (BAC.N) flagged big profits from the booming business of prime brokerage, which involves lending cash and securities to hedge funds to help execute large trades.

Amazon also plans to spend more than $100 billion this year expanding its cloud and AI data centers. CEO Andy Jassy has signaled that automation and AI are likely to shrink some white-collar roles in the years ahead, calling on employees to adapt to the evolving landscape.

Stocks are climbing following strong profit reports from big banking and technology companies. The S&P 500 rose 0.9% Wednesday, coming off a roller-coaster day where it careened between a sharp loss and modest gain.

Morgan Stanley and Bank of America on Wednesday reported third-quarter financial results that blew past investors’ expectations, thanks in part to their dealmakers’ and traders’ fortunes. Mergers and acquisitions and initial public offerings are picking up,

TSMC's Q3 results significantly surpassed expectations, with top-line revenue beating by 5% and net income by 12%. See why I'm maintaining my Buy rating on TSM.