JPMorgan

Big Tech

Alphabet and Microsoft Earnings Will Put Investors’ AI Stress to the Test

Photo via Vuk Valcic / SOPA Images/Sipa USA/Newscom

Alphabet and Microsoft represent a combined 11.5% of the S&P 500 index, and they’re both slated to report earnings on Wednesday.

2 min read

Photo via Jimin Kim / SOPA Images/Sipa USA/Newscom

Banking

The Big Three Investment Banks Feed Hedge Funds’ AI-mbitions

The five biggest investment banks have already beaten last year’s record for equity trading revenue by about $7 billion, per CNBC.

2 min read
Photo via Tom Williams/CQ Roll Call/Newscom

Banking

Mines, Missiles, Robots: One Year of JPMorgan’s $1.5 Trillion Bet on National Security

Last year, Jamie Dimon announced a 10-year plan to provide traditional financing to industries critical to economic and national security.

2 min read
Photo via Weston Hancock/ZUMAPRESS/Newscom

Finance

Schwab Shows No Wear from AI Agent Disruption in Robust Third quarter

Schwab reported $192.4 billion in net new assets, better than expected and 43% more than last year’s third quarter.

2 min read

Advisor Upside

Alts Goose Wall Street’s Wealth Units in Third Quarter

Photo by István Szitás via Unsplash

Despite rain clouds in the economy, many of Wall Street’s biggest banks reported stellar earnings in the third quarter.

2 min read

Hedge Funds

After Headline-Making Losses in 2022, Tiger Global Touts a $5 Billion Windfall on an OpenAI Bet

Photo via Timon Schneider/ZUMAPRESS/Newscom

The firm invested $150 million in Sam Altman’s company back in 2021 before ChatGPT launched and has added to the investment over the years.

1 min read

Retirement Upside

Clients Make Assumptions About Retirement. They’re Often Wrong

Photo by Getty Images via Unsplash

From their expected retirement date to their risk of excess longevity, clients hold a lot of faulty beliefs about life after work.

2 min read

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