Credit quality will likely remain stable. Without a recession , BofA doesn't expect a huge credit cycle or much improvement. It notes that "one-offs" and specialized exposures may still provide significant risk.AI isn't the story about making money in 2026 yet. Banks are betting on AI, but Bank of America doesn't think it will have a big effect on profits in 2026, even if it becomes a more expensive long-term driver.Rate stability is more crucial than cuts . BofA doesn't automatically dislike "no cuts." It ...

Key Points Gold stablecoins, which are pegged 1-to-1 to the price of gold, soared nearly 70% in 2025. Privacy coins Zcash and Monero posted triple-digit returns last year, but may have trouble repeating that performance this year. While MYX Finance skyrocketed 3,700% in 2025, it is now down 70% from its all-time high in September. 10 stocks we like better than Bitcoin Cash › It was a strange year for the cryptocurrency market in 2025. All of the usual suspects -- including Bitcoin and Ethereum - ...

But Buffett left Abel on solid footing. Berkshire has a fortress of a balance sheet, and its core insurance business continues to chug along despite a big setback from the California wildfires at the start of 2025. While Abel isn't well known as an investment manager, he's a proven operator. He may hand off more of the investing responsibilities to others while focusing on what he does best.The stock performed well under Buffett's leadership since he first started donating shares, but investors are still wa ...

Core Viewpoint - OpenAI CEO Sam Altman expresses a lack of enthusiasm for taking the company public, indicating that he finds the prospect "really annoying" despite recognizing some benefits of being a public company [1][3]. Group 1: IPO Considerations - Altman believes that OpenAI may be late to go public compared to previous companies, emphasizing the advantages of remaining a private entity for now [2]. - The company is currently in need of significant capital and plans to exceed shareholder limits in the future, which may necessitate a public offering [2]. Group 2: Industry Trends - There is a growing trend in Silicon Valley towards delaying IPOs in favor of private capital, allowing companies to scale quietly while still attracting investment [2]. - Platforms like Fundrise are emerging to enable individual investors to participate in private tech investments, reflecting a shift in how capital is raised in the tech industry [2]. Group 3: Company Operations - OpenAI's compute resources have tripled over the past year and are expected to triple again by 2026, indicating the company's commitment to meeting the increasing demand for AI models [4].

Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. President Donald Trump told The New York Times he will not pardon former FTX CEO Sam Bankman-Fried, who is serving 25 years for fraud and conspiracy, despite granting clemency to other crypto figures including Binance founder Changpeng “CZ” Zhao and Ross Ulbricht. SBF’s Parents Lobbied Trump’s Orbit Without Success Bankman-Fried’s parents, former Stanford Law School professors Barbara Fried and Joseph Ba ...

Getty Images Listen below or on the go via Apple Podcasts and Spotify Also on the earnings calendar: Delta Air Lines (DAL) reports Tuesday and Taiwan Semiconductor (TSM) is due Wednesday. Banks usher in Q4 earnings with JPMorgan setting the tone. (0:17) December CPI puts shutdown distortions to the test. (1:14) Trump floats a 10% cap on credit card interest rates. (1:53) The following is an abridged transcript: And just like that, it's earnings season again. The big banks kick off Q4 this week: JPMorgan (JP ...

Group 1 - The Raphael siblings, Padi and Neema, are both partners at Goldman Sachs, a rare achievement among the firm's 49,000 employees, highlighting their significant roles in steering essential parts of the firm [2][6] - Padi serves as the global cohead of the third-party wealth business at Goldman Sachs Asset Management, focusing on attracting wealthy clients through partnerships with broker-dealers, private banks, and investment advisors [3][4] - Neema, as the chief data officer, leads a team of engineers working on data and AI systems, which is crucial for Goldman Sachs' strategic push into artificial intelligence under CEO David Solomon [4][5] Group 2 - The siblings grew up in Los Angeles, where their Iranian immigrant parents instilled a strong emphasis on education, leading to their successful careers in a demanding environment like Goldman Sachs [8]

This enterprise finance software provider saw a significant insider sale amid ongoing shifts in direct ownership, SEC filings reveal.Jonathan Mariner, a director at OneStream (OS +0.09%), sold 7,956 shares in open-market transactions on Tuesday, according to an SEC Form 4 filing.Transaction summaryMetricValueShares sold (direct)7,956Transaction value$185,436.09Post-transaction shares (direct)7,130Post-transaction value (direct ownership)$168,339.30Transaction value based on SEC Form 4 weighted average purch ...

Core Viewpoint - The Fermi Inc. class action lawsuit alleges that the company and its executives made misleading statements regarding its Project Matador, leading to significant financial losses for investors following the termination of a key funding agreement [3][4][5]. Company Overview - Fermi Inc. is characterized as an energy and AI infrastructure company that conducted its initial public offering (IPO) in October 2025, selling 37,375,000 shares at a price of $21.00 per share [2]. Allegations of Misconduct - The lawsuit claims that Fermi overstated tenant demand for its Project Matador campus and failed to disclose reliance on a single tenant's funding commitment, which posed a risk of termination [3]. - It is alleged that the company did not adequately inform investors about the significant risk associated with the tenant's funding commitment [3]. Impact of the Lawsuit - Following the announcement that the first tenant for Project Matador had terminated a $150 million funding agreement, Fermi's stock price dropped nearly 34% [4]. - The stock price has reportedly fallen to as low as $8.59 per share, representing a 59% decline from the IPO price [5]. Legal Process - Investors who purchased Fermi common stock during the IPO or the specified class period can seek to be appointed as lead plaintiff in the class action lawsuit [6]. - The lead plaintiff will represent the interests of all class members and can choose a law firm to litigate the case [6]. Law Firm Background - Robbins Geller Rudman & Dowd LLP is a prominent law firm specializing in securities fraud and shareholder litigation, having secured over $2.5 billion for investors in 2024 alone [7].

Group 1 - Treasury Secretary Scott Bessent indicated that President Trump has one more interview to conduct before naming the next leader of the Federal Reserve, with Rick Rieder expected to be interviewed soon [1] - Trump has narrowed his shortlist for the Fed chair to four candidates: Kevin Hassett, Kevin Warsh, Christopher Waller, and Rick Rieder [2] - The appointment of the new Fed chair comes at a time when high living costs are challenging Trump's economic agenda, as the Federal Reserve plays a crucial role in setting borrowing costs and influencing inflation [4] Group 2 - Kevin Hassett, currently serving as Trump's top economic adviser and director of the National Economic Council, has been a loyal defender of the administration's economic policies [5] - Kevin Warsh, a former Morgan Stanley banker, has been critical of the current Fed leadership and is positioning himself as a potential replacement for Jerome Powell [7] - Christopher Waller, a Federal Reserve Governor, has called for rate cuts, aligning with some of Trump's demands, and is recognized as the academic veteran among the candidates [8] Group 3 - Jerome Powell, appointed by Trump in 2017, is expected to complete his term in May 2026, and Trump is anticipated to announce his decision regarding the new Fed chair by the end of the month [10]