Large, Finance and Markets A rare shakeout in Big Tech and chip stocks on Tuesday rippled around world bourses overnight. The fact that it came with few triggers other than growing unease at sky-high valuations left investors wondering if a more prolonged pullback is in store.

Major financial services firms such as Goldman Sachs, JPMorgan Chase, and Wells Fargo have expanded operations in Dallas, Texas, where the firms have thousands of workers.

Wall Street chief executives said investors should brace for an equity market drop of more than 10% in the next 12 to 24 months, and that such a correction may be a positive development.

By Lewis Krauskopf, Davide Barbuscia and Laura Matthews NEW YORK (Reuters) -Wall Street was on edge heading into the New York City mayoral election on Tuesday, with a potential victory for Zohran

Stocks fell on Wall Street, pulled down by losses in the same big tech companies that have been the main drivers of the market's rally so far this year.

In a market captivated by the relentless AI-powered rally in US equities, few on Wall Street seem to mind that only a handful of companies are leading the charge.

Wall Street bonuses are expected to rise for the second year for traders and investment bankers on surging deal volume and market volatility, according to financial compensation consultancy Johnson Associates.

The Wall Street Journal's editorial board trashed President Donald Trump's call to nuke the filibuster on Monday, arguing the GOP would be "dumb" to heed it.

Burry’s hedge fund Scion Asset Management has bought put options on 1 million shares of Nvidia and 5 million shares of Palantir.

CEOs of Wall Street heavyweights Morgan Stanley and Goldman Sachs on Tuesday cautioned that equity markets could be heading toward a drawdown, underscoring growing concerns over sky-high valuations.

Wall Street's optimism going into 2025 looks like it was right on the money. Most everyone's year-end bonuses, which will be doled out early next year, are going up. That's according to projections published Wednesday from compensation consulting firm Johnson Associates.