Risk-on momentum in bank stocks echoes aftermath of dot-com bust
Analysts say banks are among the biggest beneficiaries of the AI boom, gaining from both AI spending and the efficiency it brings.
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Wall Street eliminated 10 600 jobs last year, most since 2016
Efficiency push and AI shift reshape staffing at the biggest US banks.
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Birinyi Associates | Goldman Sachs Group | JPMorgan Chase & Co. | Markets | Nvidia corp | Wells Fargo & Co
US firms racing through $1trn buyback spree in record time
Over the last few months, corporate heavyweights – particularly in financials and technology – have given the green light to large share-repurchasing programmes.