OpenAI in talks to raise funding that would value AI startup at up to $340 billion
SoftBank would contribute as much as $25 billion to OpenAI’s funding round and become the largest investor.
Big investors strike a cautious tone on markets for 2025 with Trump policies, inflation posing risks
Hedge-fund titans and industry pros collectively struck a cautious tone about elevated valuations and negative impacts from Trump’s protectionist policies.
Stocks making the biggest moves midday: IBM, Caterpillar, Nvidia, Comcast, UPS and more
These are the stocks posting the largest moves in midday trading.
Stocks making the biggest moves premarket: United Parcel Service, Microsoft, Caterpillar and more
These are the stocks posting the largest moves in premarket trading.
Watch: ECB President Christine Lagarde speaks after rate decision
European Central Bank President Christine Lagarde is giving a press conference following the bank’s latest monetary policy decision.
Deutsche Bank posts steeper-than-expected Q4 profit fall and scraps cost target
Legal provisions weighed on the bottom line at Germany’s largest lender Deutsche Bank, with net profit falling in the fourth quarter.
DoubleLine’s Gundlach says his base case is one rate cut this year, two reductions maximum
“It’s going to be a slow process to get to a hurdle to cut rates again. … I don’t think you’re going to see a cut at the next Fed meeting,” Gundlach said.
Stocks making the biggest moves after hours: Meta Platforms, Microsoft, Tesla and more
These are the stocks posting the largest moves in extended trading.
Fed’s Powell has had no contact with Trump after president said he’ll demand rates drop
Powell said ‘it’s not appropriate’ for the Fed chair to respond to Trump’s comments.
Fed holds rates steady, takes less confident view on inflation
The Federal Reserve held its key interest rate in check Wednesday, reversing a recent trend of easing policy.