Tan Su Shan, chief executive officer of DBS Group Holdings Ltd., speaking at the Singapore Fintech Festival in Singapore, on Nov. 12, 2025. Bloomberg | Bloomberg | Getty ImagesSINGAPORE – Amid fears of an artificial intelligence bubble, much has been made of recent reports suggesting that AI has yet to generate returns for companies investing billions into adopting the tech. But that’s not what the chief executive of Southeast Asia’s largest bank is seeing — she says her firm is already reaping the rewards of its AI initiatives, and it’s only just the beginning. “It’s not hope. It’s now. It’s already happening.…
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Wells Fargo sees Caterpillar continuing to roar higher and emerging as an artificial intelligence play. The bank initiated shares of the agricultural equipment manufacturer with an overweight rating. Analyst Jerry Revich also introduced a price target of $675, which implies upside of 22% from Caterpillar’s Thursday close. “CAT is positioned to benefit from hyperscalers diversifying their grid reliance to turbines,” he wrote. “Over the past year, xAI, Stargate, and Meta project permits have demonstrated building momentum for turbines as a solution to utility power diversification.” CAT YTD mountain CAT YTD chart He also highlighted the U.S. construction equipment cycle transitioning…
The ‘Fast Money’ traders talk their takeaways from this week’s market action. Source link
Job seekers wait to enter the SacJobs Career job fair in Sacramento, California, US, on Thursday, Nov. 13, 2025. David Paul Morris | Bloomberg | Getty ImagesThe first economic data report that went unreleased due to the government shutdown will be released next week, the Bureau of Labor Statistics said Friday.As the U.S. government reopens for business, Wall Street’s attention now turns toward when critical data on employment, inflation and other economic signposts will be released.The first such report, on September nonfarm payrolls, will come out Thursday at 8:30 a.m., according to a BLS update posted on its website.A day…
Nvidia President and CEO Jensen Huang speaks about NVIDIA Omniverse as he delivers the keynote address during the Nvidia GTC (GPU Technology Conference) at the Walter E. Washington Convention Center on Oct. 28, 2025 in Washington, DC.Anna Moneymaker | Getty Images As a handful of the world’s most valuable companies set out to spend $1 trillion over the next five years on data centers for artificial intelligence, one line item is on the minds of executives and investors: depreciation.In accounting, depreciation is the act of allocating the cost of a hard asset over the course of its expected useful life.…
The logos of Danish drugmaker Novo Nordisk, maker of the blockbuster diabetes and weight-loss treatments Ozempic and Wegovy is pictured as the company presented the annual report at Novo Nordisk in Bagsvaerd, Denmark, on February 5, 2025. (Photo by MADS CLAUS RASMUSSEN/Ritzau Scanpix/AFP via Getty Images)Mads Claus Rasmussen | Afp | Getty ImagesA leadership shakeup at what was once Europe’s most valuable company was cemented Friday as Novo Nordisk’s controlling shareholder tightened it’s grip on the weight-loss drugmaker, even as minority shareholders express discontent.Novo has found itself in an increasingly chaotic situation as of late, with shares plunging and investor…
Billionaire investor Ron Baron isn’t flinching during the latest tech selloff, and he’s certainly not touching his own Tesla shares, he said.The longtime growth investor said he sees the pullback as a chance to spot bargains, even as volatility has rattled the biggest names in tech recently.”Not very much,” Baron said Friday on CNBC’s “Squawk Box” when asked what he’s doing amid the drawdown. “Just looking and trying to understand where opportunities are and try to take advantage of them.”His conviction is especially intense when it comes to Tesla, one of his signature bets. He recalled selling a third of…
After a more than 50% parabolic move in the Nasdaq-100 since the April 8 “liberation day” low, the QQQs have pulled back roughly as profit-taking, Federal Reserve ambiguity and volatility arise. The QQQ this week has fallen more than 1%. I believe that this will be short-lived. Whether the Fed lowers its benchmark rate in December or January is immaterial, as long as the central bank persists in cutting interest rates. I want to use options to define risk while trying to capture a snap-back rally into year-end. Ever since famed short-seller Michael Burry’s recent put buying trade on both…
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailJoe Feldman, Telsey Advisory Group, joins ‘Fast Money’ to talk current consumer trends, the state of retail, and the upcoming slate of retail earnings next week.04:22Fri, Nov 14 20255:23 PM EST Source link
Walmart logo is seen near the store in Austin, United States on Oct. 23, 2025.Jakub Porzycki | Nurphoto | Getty ImagesWhen incoming Walmart CEO John Furner steps into the retailer’s top role, he will try to follow up a period of dramatic share growth that many of Walmart’s rivals have failed to match.Walmart’s stock has more than quadrupled since outgoing CEO Doug McMillon began in the role in February 2014. Across nine of the 12 calendar years when was Walmart’s leader, the company posted positive stock returns.Among Walmart’s main rivals in the retail and grocery business, only Amazon and Costco…
