Top Insights
Jamie Dimon plays down successor talk even as three leading candidates emerge to be next JPMorgan CEO
Last year at JPMorgan Chase’s investor day Dimon said that the timetable for his departure was “less than five years.” When asked Monday...
eToro rises nearly 29% on first trading day in upbeat sign for IPO market
The debut will be followed by neo-bank Chime, which plans to list on Nasdaq. Shares of the trading app eToro Group soared 29%...
Boeing marks comeback from crisis with record Qatar Air deal
Boeing CEO Kelly Ortberg signed an accord for as many as 210 widebody aircraft from Qatar Airways. A year after Boeing Co. slogged...
Microsoft layoffs hit coders hardest with AI costs on the rise
Microsoft on Tuesday said it would cut about 6,000 workers across the company. Microsoft Corp.’s recently announced job cuts fell hardest on the...
Two bullish signs: S&P 500 tips positive for the year and the Nasdaq sees a successful IPO
After a tumultuous April, U.S. stocks slowly started to turn around and the fintech company eToro had an excellent first day of trading....
Airbnb’s new app for ‘services’ is getting shot down by critics — here’s why CEO Brian Chesky should be thrilled
Brian Chesky’s vision for Airbnb’s future includes a new app, cooking classes, massages, and Chance the Rapper. Brian Chesky took the stage in...
At troubled UnitedHealth Group, a highly unusual pay package—potentially worth $60 million to its boomerang CEO—heads to a June vote
Shareholders will soon get to vote on that unconventional pay plan. Institutional Shareholder Services advises they vote no. Will UnitedHealth Group’s new CEO...
Binance scores big win after SEC agrees to drop lawsuit against exchange
The lawsuit against Binance was one of the few outstanding crypto cases the SEC hadn’t moved to dismiss. The world’s largest crypto exchange...
Palmer Luckey and Mark Zuckerberg ended their bitter feud to bolster Silicon Valley’s new love affair with the military market
Meta is working with Palmer Luckey again after firing him eight years ago. It’s not the duo you might have imagined. On Thursday,...
AI deepfakes pose ‘significant’ risk to ‘identity systems upon which our entire economy relies,’ warns fintech CEO
Scammers can now use AI tools to generate multiple live video fakes of real people—and request money transfers. With one new AI capability...
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