Investment Bankers Finally Start to Take Trump Literally

Published on March 18, 2025

Banks needed the right version of Donald Trump to justify their high-flying stock prices. They got the wrong one. The US president’s chaotic and aggressive performance during his first few weeks in the White House has shocked companies, put investment plans and deals on hold and threatens to drag the economy into recession.

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Google Agrees to Buy Cloud Security Firm Wiz for $32 Billion

March 18, 2025
Google parent Alphabet Inc. agreed to acquire cybersecurity firm Wiz Inc. for $32 billion in cash, reaching a deal less than a year after initial negotiations fell apart because the cloud-computing startup wanted to stay independent.

Margin Debt Falls for First Time in Six Months in February

March 18, 2025
FINRA has released new data for margin debt, now available through February. The latest debt level is at $918.144 billion, just below its record high from January. Margin debt was down 2.0% month-over-month (MoM) and up 23.6% year-over-year (YoY). However, after adjusting for inflation, the debt level was down 2.5% MoM and up 20.2% YoY.