Wall Street Needs to Prepare for an AI Winter

Published on December 20, 2024

Surely one of the silliest things that happened in tech stocks in 2024 was the sudden tumble in Nvidia Corp. shares moments after its fiscal second-quarter earnings release in August.

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Bitcoin Slumps as Trump Euphoria Gives Way to Wariness on Fed

December 20, 2024
Bitcoin extended its slide from this week’s record high to almost 15% as hawkish signals from the Federal Reserve prompted traders to sell an asset that has more than doubled this year.

Private Credit Plots Expansion in Bid for $40 Trillion Prize

December 20, 2024
Private credit firms want more than corporate lending. The largest are laying the groundwork to finance everything from auto loans and residential mortgages to chip manufacturing and data centers in an effort to swell the size of the market by the trillions.