Is There an AI Bubble? The Nifty Fifty Show It Isn't That Simple

Investors need a new term for a market that isn't in a bubble but still carries a higher than normal risk of disappointment. 


 
The Fed Contrarian Who Saw the Soft Landing Coming

The influence of Christopher Waller, a Trump appointee, rises as he challenges economic orthodoxy. 


 
Sam Bankman-Fried Calls for Shorter Prison Sentence, Citing Autism

His lawyers argued for 63 to 78 months in jail, citing medical conditions, and his intentions to better the world with his now-fallen crypto exchange FTX. 


 
U.K. Banks' Margins Expected to Rebound, Despite Rate Cuts

British lenders' incomes have been buoyed by higher interest rates over the past two years, and while this is set to abate in the near-term with upcoming cuts, banks have levers in place to soften the blow and keep reaping the benefits of boosted rates. 


 
Nordic Capital Acquires Data Analytics Company ActiveViam

ActiveViam offers software that helps financial institutions manage risk. 


 
PCAOB Looks to Ban Audit Firms From Misrepresenting Their Registration Status

Firms touting their registration with the Public Company Accounting Oversight Board in proof-of-reserve reports would be deemed to be making misleading statements under the proposal. 


 
Hot New Bitcoin Funds Could Soon Have Rivals

BlackRock, Fidelity and other Wall Street firms have applied to launch ether ETFs. 


 
Munich Re Profit Beats Views

Munich Re's profit fell in the final quarter of 2023, partly due to Hurricane Otis, but beat market expectations as the company recovered from a period marked by major losses in its property-casualty reinsurance business. 


 
JPMorgan Chase stress-tested multifamily loans after NY Community Bank's woes

JPMorgan Chase doesn't have "any particularly large concerns" about its $120 billion in multifamily loans, the bank's CFO said. 


 
Goldman CEO: People living paycheck to paycheck are cutting back even more

'You see a pattern of those behaviors tightening up,' says David Solomon


(END) Dow Jones Newswires

02-28-24 0715ET