Following an exciting rally in recent months, shares of JPMorgan and Bank of America may now be running on fumes only, according to a senior Baird analyst. David George recommends…
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Tennis icon Roger Federer has now achieved the rare distinction of becoming a billionaire, placing him among a select few athletes to reach this financial milestone. While his illustrious 24-year…
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Business
Women’s Tennis Association extends media rights deal with Tennis Channel through 2032
by adminby adminThe Tennis Channel is extending its deal with the Women’s Tennis Association that will see the cable TV network and streaming service continue to broadcast more than 2,000 matches each…
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Business
Divided Fed proposes rule to ease capital requirements for big Wall Street banks
by adminby adminThe Federal Reserve on Wednesday proposed easing a key capital rule that banks say has limited their ability to operate, drawing dissent from at least two officials who say the…
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Stock
Nike shares jump on improved outlook, shift from China; analysts see recovery
by adminby adminShares of Nike surged as much as 10% in premarket trading on Friday after the company offered a more optimistic first-quarter revenue forecast and outlined strategic measures to reduce its…
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Dow Futures soared 130 points on Friday as the bulls on Wall Street look forward to pushing the benchmark indices to a new record. The futures of other indices like…
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Business
Nvidia CEO Huang sells $15 million worth of stock, first sale of $873 million plan
by adminby adminNvidia CEO Jensen Huang sold 100,000 shares of the chipmaker’s stock on Friday and Monday, according to a filing with the U.S. Securities and Exchange Commission. The sales are worth…
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Business
Small-business AI use is lagging, but one firm is channeling Sherlock Holmes and knocking out ‘grunt work’
by adminby adminChris Schwegmann is getting creative with how artificial intelligence is being used in law. At Dallas-based boutique law firm Lynn Pinker Hurst & Schwegmann, he sometimes asks AI to channel…