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JP Morgan Strategist on AI Jitters, Investing Outlook

1 day 19 hours ago
Jordan Jackson, JPMorgan Asset Management Global Market Strategist, discusses whether earnings growth may be nearing a peak even if results are not worsening. Jackson agrees that third-quarter results are expected to be strong, with forecasts calling for about 27% to 28% year-over-year earnings growth. He speaks with Romaine Bostick & Kristine Aquino on "The Close." (Source: Bloomberg)

Stock Indexes Finish Sharply Lower as Tech Stocks Plunge

1 day 19 hours ago
The S&P 500 Index ($SPX ) (SPY ) closed down by -1.09% on Friday, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed down by -0.34%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -2.50%. December E-mini S&P futures (ESZ26 ) fell -1.14%, and December E-mini...
Barchart

Stock Indexes Finish Sharply Lower as Tech Stocks Plunge

1 day 19 hours ago
The S&P 500 Index ($SPX ) (SPY ) closed down by -1.09% on Friday, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed down by -0.34%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -2.50%. December E-mini S&P futures (ESZ26 ) fell -1.14%, and December E-mini...
Barchart

Stock Indexes Finish Sharply Lower as Tech Stocks Plunge

1 day 19 hours ago
The S&P 500 Index ($SPX ) (SPY ) closed down by -1.09% on Friday, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed down by -0.34%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -2.50%. December E-mini S&P futures (ESZ26 ) fell -1.14%, and December E-mini...
Barchart

Stock Indexes Finish Sharply Lower as Tech Stocks Plunge

1 day 19 hours ago
The S&P 500 Index ($SPX ) (SPY ) closed down by -1.09% on Friday, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed down by -0.34%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -2.50%. December E-mini S&P futures (ESZ26 ) fell -1.14%, and December E-mini...
Barchart

Stock Indexes Finish Sharply Lower as Tech Stocks Plunge

1 day 19 hours ago
The S&P 500 Index ($SPX ) (SPY ) closed down by -1.09% on Friday, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed down by -0.34%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -2.50%. December E-mini S&P futures (ESZ26 ) fell -1.14%, and December E-mini...
Barchart

David Rubenstein on New Book, “Speaking of America”

1 day 19 hours ago
David Rubenstein, Co-Founder & Co-Chairman of Carlyle Group, has released two books in recent weeks: Inside the Owner’s Box, about the experience of owning a sports franchise, and Speaking of America, which brings 19 conversations he held with members of Congress at the Library of Congress into public view ahead of the midterm elections. He discusses the private setting encouraged Washington figures to speak more candidly than they would in public. He speaks with Romaine Bostick on "The Close." (Source: Bloomberg)

Macquarie Initiates Coverage of Karman Holdings with Outperform

1 day 19 hours ago
Fintel reports that on October 16, 2026, Macquarie initiated coverage of Karman Holdings (NYSE:KRMN) (MUN:VF4) with a Outperform recommendation.Prior to this rating action, the stock closed at $33.90 on October 15, 2026. This latest close of $33.90 represents a price change of +6
Fintel

Macquarie Initiates Coverage of Karman Holdings with Outperform

1 day 19 hours ago
Fintel reports that on October 16, 2026, Macquarie initiated coverage of Karman Holdings (NYSE:KRMN) (MUN:VF4) with a Outperform recommendation.Prior to this rating action, the stock closed at $33.90 on October 15, 2026. This latest close of $33.90 represents a price change of +6
Fintel

Bloomberg Businessweek Daily Podcast: AI Jitters Persist

1 day 19 hours ago
The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF Another burst of selling in technology companies rattled Wall Street on Friday, dragging down stocks as investors questioned the outlook for the artificial-intelligence trade. A rout in chipmakers extended into an eighth straight day on worries over whether the buildout of AI infrastructure has outrun the ability of firms to get a return on their investments. Meantime, Fed Chairman Kevin Warsh described AI as potentially the most consequential change to the US and global economy in his lifetime. On today's episode: Mike McKee, Bloomberg News International Economics & Policy Correspondent Max Chafkin, Bloomberg Businessweek Senior Reporter Patrick McGee, Author of 'Apple in China: The Capture of the World's Greatest Company' Jason Leopold, Bloomberg News Senior Investigative Reporter (Source: Bloomberg)