Elon Musk took an $8 billion blow to his net worth from Thursday's slump in AI stocks, while Mark Zuckerberg saw a nearly $7 billion drop.
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Layoffs have hit companies including Amazon, Pinterest, and Target this year as AI and economic conditions reshape the business landscape.
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Even as Anthropic has tried to clamp down, Business Insider found multiple examples of SPVs being used to market Anthropic shares.
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The bank's top lawyer is leaving, saying it was her duty "to put Goldman Sachs' interests first."
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JPMorgan appointed Guy Halamish as the chief operating officer of the corporate and investment bank as part of an effort to "maximize the impact of AI."
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Polymarket welcomes insider trading. Kalshi says it's banned — but it's unclear how that works in practice.
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Finance giants are pouring billions into AI, reshaping jobs on Wall Street. What does that look like in practice? We want to hear from you.
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Sometimes, the only thing that makes life at the office after 8 p.m. bearable is an extra side of guacamole. Now, Goldman bankers can afford it.
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Jeffrey Epstein traded notes with now-former Paul Weiss chair Brad Karp over how to handle a woman accused of trying to shake down Leon Black.
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Once, Wells Fargo's investment bank attracted under-their-breath scoffs from Wall Street elites. Executives say they're turning it around.
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The designs for the islands, Little St. James and Great St. James, were to include a "ladies' residence" and master retreat, the Epstein files reveal.
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Over the last half-decade, perhaps no one has personified the archetypal finance bro more than Mark Moran. Now, he's leaving it behind for politics.
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Of the 240 financial services CEO that EY surveyed, more than half said AI investments have shown results faster than expected.
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At a financial services conference in Miami, David Solomon cited a backlog of private equity spending and AI as key capital-generating drivers.
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Wall Street banks like JPMorgan and Goldman Sachs are investing billions in AI, reshaping workflows and culture.
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Artificial intelligence allows juniors to automate boring tasks, but those skills can serve as foundational knowledge for the rest of their career.
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The Epstein files reveal that prosecutors were looking into misconduct claims against the billionaire and former Apollo CEO Black as far back as 2019.
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It's the first time the manager has named a new portfolio manager in more than a decade.
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Mark Spitznagel of Universa Investments predicted a "blow-off top" for stocks, followed by the "worst crash since 1929."
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Exclusive
Bolt Data and Energy was recently cofounded by Eric Schmidt and raised $150 million. Now it's in talks to have Google anchor Texas campus.
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Elon Musk responded to a post on X about government contracts and subsidies tied to his companies, highlighting the value of Tesla and SpaceX.
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YouTuber MrBeast's company is buying the banking app Step as it looks to expand beyond media and chocolate bars and into fintech.
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The company has become so powerful that its ability to borrow is beginning to rival, or even surpass, the US government.
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Exclusive
Previously, entry-level PwC consultants in the US could start their careers in any of 72 office locations. Now, that's down to 13.
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Private equity's years-long waiting game has sparked a $240 billion race on Wall Street. Inside the battle between banks to dominate in secondaries.
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Jonathan Gray also said he sees a key difference between the dot-com bubble and AI bubble.
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Thomas Kaplan championed the lifelong benefits of being grateful, acting with conviction, and being willing to say "I don't know."
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Kalshi said Milwaukee Bucks star Giannis Antetokounmpo will partner with the company on marketing, live events, and other activities.
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Beyond back-office functions, Alexandra Mousavizadeh, CEO of Evident AI, said banks should focus on where they can differentiate themselves.
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Michael Burry of "The Big Short" fame said that Ryan Cohen has the potential to follow Warren Buffett's playbook and build huge value at GameStop.
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Big Tech's capital expenditures soar with Amazon, Google, Meta, and Microsoft at the forefront, ushering a new era of AI infrastructure spending.
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Ex-director of trading Rosen Kralev says most of his guaranteed bonus went unpaid, with Vatic repeatedly citing "funding difficulties" for the delays.
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The Big Four firm PwC launched a new in-house training initiative on Thursday, designed for the AI workplace.
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Michael Ovitz, cofounder of CAA and a tech investor, praised Jeffrey Epstein's "outstanding multiple talents" in one email to the disgraced financier.
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Exclusive
The S&P 500 index hit new highs last month, gaining 1.4% in January.
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Oracle cofounder Larry Ellison's net worth has slumped below $200 billion after his company's stock was caught up in the software sell-off.
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The remote positions are advertised as 8.5-hour work days, compared to the typically grueling investment banking hours.
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Alphabet's Q4 results beat estimates. Google plans to double capex in 2026, while search and cloud remained strong.
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Google plans to double AI infrastructure spending, reflecting Big Tech's aggressive AI investments.
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Business Insider was on the scene at a WSJ conference that brought together leaders from Blackstone, Lazard, and Citi.
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Wang said on LinkedIn that the strategy he ran for Sequoia averaged more than 17% a year for over a decade.
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Google's Q4 earnings focus on AI spending, Cloud gains, and a major Apple deal. Wall Street eyes search dominance amid AI competition.
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In a newly released email, Jeffrey Epstein asks someone to wear a Snow White costume. He and banker Jes Staley also emailed about Snow White.
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The Citadel CEO said that social media has heightened business leaders' fear about publicly addressing political issues.
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"Poor Josh," said billionaire investor Nelson Peltz, about Disney's new CEO Josh D'Amaro.
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Bracha Cohen, a partner in asset and wealth management engineering, says she's learned which tasks are truly non-negotiable.
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