The traditional role of an investment banker is to provide advice on deals and financings. But JPMorgan’s bankers recently began noticing that clients were asking for more from the firm – like how the nation’s largest bank was navigating artificial intelligence or what cybersecurity practices it used. Chairman and CEO Jamie Dimon had an idea:…
A trader works on the floor of the New York Stock Exchange (NYSE) after the opening bell in New York on Jan. 2, 2026. Angela Weiss | AFP | Getty Images The stock market showed little reaction to President Donald Trump‘s extraordinary action in Venezuela as investors bet the attack, as well as the capture…
Check out the companies making the biggest moves premarket: Oil stocks — Shares of major U.S. oil companies jumped following the U.S. attack on Venezuela that led to the ouster of leader Nicolas Maduro as they are seen as beneficiaries from the rebuild of energy infrastructure in the country. Chevron , which already has a…
Chinese Foreign Minister Wang Yi (R) and Venezuela’s Foreign Minister Yvan Gil shake hands before their meeting at the Diaoyutai State Guesthouse in Beijing on May 12, 2025. FLORENCE LO / POOL / AFP BEIJING — Even as China eyes new opportunities to build global influence in the wake of the U.S. attack on Venezuela,…
U.S. Federal Reserve Chair Jerome Powell holds a press conference following a two-day meeting of the Federal Open Market Committee at the U.S. Federal Reserve in Washington, Dec. 10, 2025. Kevin Lamarque | Reuters The Federal Reserve heads into 2026 facing a slew of political and policy challenges, headlined by a new chair and an…
It’s one of the most important questions surrounding the Federal Reserve in 2026, and Fed Chair Jerome Powell has been pointedly mum. “I’m focused on my remaining time as chair,” Powell said at the December press conference. “I haven’t got anything new on that to tell you.” The question: whether Powell will remain on the…
Ken Griffin, founder and CEO of Citadel, speaks to the Economic Club of New York at The Plaza Hotel in New York, Nov. 21, 2024. Brendan Mcdermid | Reuters Billionaire investor Ken Griffin’s flagship hedge fund at Citadel climbed double digits in 2025, navigating a volatile year marked by sharp market swings, trade tensions and…
As billionaire entrepreneur Elon Musk readies to take SpaceX to the public market, investors are awaiting the chance to get in on what is expected to be the biggest IPO on record. Musk said late last month that reports of the space technology company’s plans to go public this year were “accurate.” Multiple outlets reported…
Check out the companies making the biggest moves midday: Vertiv — Shares popped 8% after Barclays upgraded the data center infrastructure provider to an overweight rating from equal weight. The bank said recent volatility has created an attractive entry point, and believes that upside potential to earnings estimates will drive further outperformance. Sable Offshore —…
Warren Buffett and Greg Abel walkthrough the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska on May 3, 2025. David A. Grogen | CNBC Berkshire Hathaway shares slipped Friday as investors digested the formal end of Warren Buffett’s six-decade tenure as chief executive and the start of a new era under successor Greg Abel. Class…