Meta’s $350 Billion Rally to Collide With Lofty AI Expectations
When it comes to social-media stocks, there’s Meta Platforms Inc., and then there’s everyone else.
When it comes to social-media stocks, there’s Meta Platforms Inc., and then there’s everyone else.
UBS Group AG Chairman Colm Kelleher said that the Swiss government’s proposal to require the bank to hold substantially more capital is the “wrong remedy” to the failings that brought down Credit Suisse over a year ago.
US mortgage rates increased to the highest level in five months, pushing down home-purchase applications for the fifth time in the last six weeks.
Humana Inc.’s management pulled its guidance for next year amid mounting pressures in its Medicare business but said it’s on track to meet its goals for 2024.
Schroders Plc Chief Executive Officer Peter Harrison is planning to step down in 2025 and the money manager is soon set to kick off a search for his successor.
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