It was in the late 1980s that Ken Griffin set his sights on what Citadel Securities would eventually become. An early trade with Susquehanna Investment Group paid out less than the young Griffin was expecting. One version of the story has him sitting on the telephone in his Harvard dorm […]
Street
Wall Street’s biggest banks this month are established to report report gains for 2021 many thanks to bumper financial investment banking fees and decreased-than-anticipated losses on financial loans throughout the pandemic, with analysts cautioning it may well take many years to repeat these stellar earnings. Citigroup and JPMorgan Chase are […]
A KKR logo is displayed on the floor of the New York Stock Exchange (NYSE), August 23, 2018. Brendan McDermid | Reuters Trading stocks in the capital markets in 2021 has not been an endeavor for the faint of heart. The year could be characterized by exciting events like […]
RJ Scaringe and team on opening day at Rivian’s manufacturing campus in Normal, IL. Source: Rivian The market volatility in recent weeks is enough to make even the most experienced investors worried, particularly as they contend with the omicron Covid variant and the prospect of tighter monetary policy from the […]
Broadcom Inc. shares were on track for their best day in more than a year and a half Friday after more than half the analysts covering the chip and software company hiked their price targets on the stock following strong results and big plans to return cash to shareholders. Broadcom […]
Salesforce signage outside office building in New York. Scott Mlyn | CNBC With markets up big year-to-date, bulls and bears seem to have completely diverged in their hypotheses on the upcoming end of the fiscal year. Some see a potential for a dot com bubble-esq surge, and others only expect a pullback. […]