Alphabet sees $165 billion in market cap wiped after cloud business growth disappoints Wall Street

Tech Insider
Sundar Pichai, CEO of Google, wears a gray sweater and smiles on stage during a presentation at Google I/O in Mountain View, California, on May 10, 2023.
Sundar Pichai, CEO of Google, on stage during a presentation at Google I/O in Mountain View, California, on May 10, 2023.

Google

Jamie Dimon warns against predicting what's next for the economy - and slams central banks for 'dead wrong' forecasts

Tech Insider : Economy
Jamie Dimon
Jamie Dimon warned against predicting what's next for the economy.

AP Photo

Ten-year Treasury yields jump above 5% for the first time since the 2008 financial crisis as the bond-market rout drags on

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10-year Treasury bond yields passed 5% for the first time since 2007 Monday.

Lucky-photographer/Shutterstock

Meet the candidates in the running to replace James Gorman as Morgan Stanley's CEO

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A photo compilation with corporate headshots of Ted Pick, Andy Saperstein, and Dan Simkowitz all wearing grey suits and ties.
(L-R) Ted Pick, Andy Saperstein, Dan Simkowitz

Courtesy of Morgan Stanley

Bond yields are hitting multiyear highs. Don't expect them to fall soon.

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New York Stock Exchange traders in October 2023, watching indexes on monitors.
The bond market sell-off may not end anytime soon, Barclays said.

ANGELA WEISS / Getty Contributor

Economists think odds of a recession in the next year have fallen below 50%. This chart shows how consensus has changed over 18 months.

Tech Insider : Economy
Consumer spending US economy markets
A resilient consumer has helped stave off a recession so far, but that may not last.

VIEW press / Getty Images

JPMorgan's Dimon and Goldman's Solomon warn investors to be 'cautious' and 'vigilant' as economic risks mount and conflicts rage

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jamie dimon
JPMorgan CEO Jamie Dimon.

Jeenah Moon/Reuters

‘A scary situation’: As Wall Street assails Harvard, students worry about their futures

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harvard campus
There's a growing generational rift between elite schools like Harvard and the banks and law firms that employ their graduates.

Brooks Kraft/Corbis via Getty Images

There's an old joke that goes: The hardest thing about Harvard is getting in. But simply being on campus this week has put that idea to the test. 

Jeremy Grantham and Bill Gross have warned stocks are overvalued. Wharton professor Jeremy Siegel disagrees: "They are underpriced"

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Wharton professor Jeremy Siegel
Wharton professor Jeremy Siegel is a long-time market commentator.

REUTERS/Steve Marcus

Warren Buffett's deputy isn't in 'The Big Short' like Michael Burry - but he also bet against the housing bubble and spoke to Michael Lewis

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Michael Burry and Todd Combs
Michael Burry (left) and Todd Combs.

Jim Spellman/Getty Images; Yahoo Finance/YouTube

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