Coca-Cola was one of several companies whose earnings last week flashed positive signs, despite the hail of uncertainty around tariffs.
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The leader of America’s largest bank also cautioned bullish optimists that US stock markets are overvalued.
The toast of Wall Street has elevated a new generation of executives to run its investment banking and trading operations.
Not long after pledging to operate a digital bank in America, Spain’s most valuable lender is reevaluating its business in the UK.
Top of the list is a warning over the rise of 24-hour trading, just as the Nasdaq and the New York Stock Exchange pursue it.
The asset manager announced annual revenues rose 14%, topping $20 billion for the first time, with record net inflows of $641 billion.
Pershing Square has announced a formal bid for Howard Hughes, the real estate developer where Ackman served as chairman for over a decade.
The Wall Street firm said parts of its investment banking and markets divisions will be combined to form a team focused on mega-deals.
Buffett acolytes are primed to be receptive to new ideas after Berkshire’s more contrarian bets over the last decade have proven prescient.
The tight supply of both beans meant trading prices were extremely volatile, and the result was that cocoa almost tripled in price last year.
On Tuesday, the overall yield on the US 10-Year Treasury Bond touched its highest intraday point, 4.699%, since last spring.
Record earnings from Foxconn and some fresh tariff news highlight core themes likely to dominate headlines this year.
When yields rise, it suggests a selloff, and it also means likely higher costs of borrowing for companies as well as the government.
Traders betting against SPY, an exchange traded fund that tracks S&P 500 stocks, racked up more than $6 billion in profits this month.
Jamie Dimon warned inflation is likely going up and Larry Fink said the economy might already be in recession.