Wall Street

Banking

Big Banks are Falling in Love with Mid-Sized Companies

Photo by Ikechukwu Julius Ugwu via Unsplash

Wall Street’s biggest banks are increasingly working with mid-sized companies — much to the chagrin of mid-sized and boutique banks.

2 min read
Big Tech

AI Sends Apple’s Share Price Soaring

Photo by Carles Rabada via Unsplash

Two days after Apple unveiled its wave of artificial intelligence systems, the tech giant witnessed a massive share price rally.

2 min read
Markets

Where Have All the Short Sellers Gone?

Photo by Sam Valadi via CC BY 2.0

Since 2008, funds with a short bias have seen assets decrease to $4.6 billion from around $7.8 billion.

2 min read
Indicators

The Inverted Yield Curve Usually Predicts a Recession — Until Now

Photo by Sam Lion via Pexels

The yield curve has now been inverted for around 400 trading sessions, and there’s no recession in sight. So what gives?

1 min read
Banking

Jamie Dimon Seems Unfazed About JPMorgan’s Tepid China Business

Photo by Edward He via Unsplash

Despite some business “falling off a cliff” the CEO said other operations “should hopefully grow over time.”

2 min read
Electric Vehicles

Biden Reportedly Planning a 100% Tariff on Chinese EVs

Photo by Michael Förtsch via Unsplash

But the ramped-up protectionist wave hasn’t extended to investor interest in new shares of Chinese companies.

2 min read
Regulation

Regulators Look to Expand Whistleblower Reward Programs

Photo illustration by Connor Lin / The Daily Upside

In its 2023 full-year report, the SEC Office of the Whistleblower said it received 18,354 whistleblower tips, a 49% increase from 2022.

1 min read
Regulation

Business Groups Sue FTC Over New Noncompete Regulations

Photo by Ian Hutchinson via Unsplash

The FTC estimates its ban will help create 8,500 new businesses and increase average annual worker wages by $524.

2 min read