Top related persons:
Top related locs:
Top related orgs:

Search resuls for: "Caitlin Mccabe"


25 mentions found


Read previewAn internal Microsoft tracking tool has revealed which executives AI CEO Mustafa Suleyman is working with most during his first few months on the job. Microsoft in March hired Suleyman , the head of startup Inflection AI and a cofounder of AI pioneer DeepMind, to be CEO of a newly formed Microsoft AI group. The organization is responsible for consumer AI products such as Microsoft's Copilot AI chatbot and the Bing search engine. Kevin Scott, Microsoft chief technology officerKevin Scott MicrosoftKevin Scott is Microsoft's chief technology officer and executive vice president of AI. Caitlin McCabe, CEO chief of staffMcCabe is Satya Nadella's chief of staff.
Persons: , Mustafa Suleyman, Suleyman, Karén Simonyan, Yusuf Mehdi, Microsoft Nick Adams, Reuters Mehdi, Kevin Scott, Kevin Scott Microsoft Kevin Scott, He's, Scott, Kevin, Satya Nadella, Amy Hood, Phillip Faraone, Hood, Rajesh Jha, Jha wasn't, Jha, Caitlin McCabe, McCabe, Satya Nadella's, She's, Nadella, Jon Tinter, Chris Young, Tinter Organizations: Service, Microsoft, Business, Reuters, OpenAI
Robinhood became synonymous with a new generation of do-it-yourself investors in America. Now it wants to do the same abroad. The digital brokerage on Thursday is opening a wait list for U.K. residents and will grant them early access to its trading app over the next several weeks, with full availability scheduled for early 2024. Robinhood joins other digital brokerages, including Webull and Public, that launched in the U.K. this year.
Persons: Robinhood Locations: America
Why Robinhood Wants British Customers
  + stars: | 2023-11-30 | by ( Hannah Miao | Caitlin Mccabe | ) www.wsj.com   time to read: 1 min
Robinhood became synonymous with a new generation of do-it-yourself investors in America. Now it wants to do the same abroad. The digital brokerage on Thursday is opening a wait list for U.K. residents and will grant them early access to its trading app over the next several weeks, with full availability scheduled for early 2024. Robinhood joins other digital brokerages, including Webull and Public, that launched in the U.K. this year.
Persons: Robinhood Locations: America
John Paulson made a fortune on Wall Street betting the housing market would collapse. His reinvention as a property tycoon opening Puerto Rico to the wealthy is proving trickier. The 67-year-old has spent hundreds of millions of dollars over a decade buying and developing luxury resorts, condos and high-rise offices in the U.S. territory. The island’s government has introduced tax breaks to attract rich home buyers and businesses, and Paulson has said the opportunity is akin to Miami before its epic boom in the 1980s.
Persons: John Paulson, Paulson Organizations: Wall Locations: Puerto Rico, U.S, Miami
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/us-news/law/the-hedge-fund-that-made-a-killing-betting-against-lina-khan-d5b395b1
Persons: Dow Jones, lina, d5b395b1
Five Ways the Bull Market Makes Investors Nervous
  + stars: | 2023-07-10 | by ( Caitlin Mccabe | ) www.wsj.com   time to read: 1 min
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/five-ways-the-bull-market-makes-investors-nervous-2f0bf74c
Persons: Dow Jones
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/crispin-odey-departs-hedge-fund-he-founded-after-sexual-abuse-allegations-e4f1a60c
Persons: Dow Jones, crispin, odey
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/this-rally-is-all-about-a-few-star-stocksand-some-investors-are-worried-b64382e2
Persons: Dow Jones, b64382e2
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/this-rally-is-all-about-a-few-star-stocksand-some-investors-are-worried-b64382e2
Persons: Dow Jones, b64382e2
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/why-are-markets-so-calm-its-revenge-of-the-quant-funds-26a93425
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/global-stocks-markets-dow-news-04-27-2023-5dfec2c4
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/global-stocks-markets-dow-news-07-04-2023-373ea9a0
Persons: Dow Jones Organizations: dow
Stocks Rise, Notching Second Straight Gain
  + stars: | 2023-03-30 | by ( Caitlin Mccabe | Brenda León | ) www.wsj.com   time to read: 1 min
U.S. stocks closed higher Thursday, extending their gains into a second day, bolstered by waning concerns about global banks and growing hopes that the Federal Reserve could soon pause its interest-rate increases. The tech-heavy Nasdaq Composite rose 87.24 points, or 0.7%, to 12013.47. The broad S&P 500 index added 23.02 points, or 0.6%, to 4050.83. The Dow Jones Industrial Average gained 141.43 points, or 0.4%, to 32859.03.
What’s Going On at Deutsche Bank?
  + stars: | 2023-03-24 | by ( Quentin Webb | Caitlin Mccabe | ) www.wsj.com   time to read: 1 min
Deutsche Bank, Germany’s largest lender, is one of 30 global systemically important banks that regulators monitor more closely. Deutsche Bank AG stock tumbled Friday, and the cost of insuring the lender’s debt against default leapt to multiyear highs, in the latest sign of investor nervousness about global banks. What is Deutsche Bank and why does it matter? The bank is Germany’s largest lender, with total assets of about 1.337 trillion euros, or about $1.448 trillion, at the end of last year. It employs nearly 85,000 staff across 58 countries and is one of 30 global systemically important banks that regulators monitor more closely, in order to safeguard financial stability.
Rally in Bank Shares Lifts U.S. Stocks
  + stars: | 2023-03-21 | by ( Sam Goldfarb | Caitlin Mccabe | ) www.wsj.com   time to read: 1 min
Increased investor optimism about the banking system helped lift U.S. stocks Tuesday, with shares of regional banks including First Republic Bank at the forefront of a broad market rally. Buoyed in part by reassuring comments by global financial authorities, both the S&P 500 and the Dow Jones Industrial Average posted their second consecutive day of gains for the first time since Silicon Valley Bank and Signature Bank collapsed less than two weeks ago.
Credit Suisse Group AG’s emergency merger with UBS Group AG will wipe out the bank’s riskiest bonds, rattling investors in the quarter-trillion-dollar market for similar bank debt. About 16 billion Swiss francs, or about $17.3 billion, of the bank’s additional tier 1 bonds will be completely written down, Switzerland’s financial regulator, Finma, said in a Sunday statement. Credit Suisse also said it was informed by Finma that the bonds would be “written off to zero.”
Stress in the U.S. banking system jumped across the Atlantic this week, sparking turmoil for embattled Swiss bank Credit Suisse . The European lender has long been dogged by issues. But on Wednesday, problems surrounding the bank exploded into plain view. After a whirlwind 24 hours marked by a dramatic fall in the bank’s stock price and financial contagion concerns, the bank announced it would borrow cash from the Swiss central bank to shore up its liquidity.
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/credit-suisse-stock-decline-tests-strength-of-european-banks-f3d22be0
Bank stocks climbed and Treasury yields rose Tuesday, as some traders anticipated that financial-sector distress could remain contained and leave the Federal Reserve free to focus on tackling inflation. Trading steadied compared with Monday’s stormy session, which brought a deep rout for bank stocks and a rally for government bonds. Over the past week, the collapse of Silicon Valley Bank and the shutdowns of Signature Bank and Silvergate Capital heaped new fears of financial strain on top of investors’ yearlong preoccupation with inflation.
Stocks Close February With Declines
  + stars: | 2023-02-28 | by ( Caitlin Mccabe | Alexander Osipovich | ) www.wsj.com   time to read: 1 min
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/global-stocks-markets-dow-update-02-28-2023-b6a5a6a8
U.S. Stocks Rebound After Dayslong S&P 500 Selloff
  + stars: | 2023-02-23 | by ( Caitlin Mccabe | Gina Heeb | ) www.wsj.com   time to read: 1 min
U.S. stocks rebounded from early losses Thursday, snapping a dayslong selloff in the S&P 500 that was driven by concerns about the trajectory of interest rates. The S&P 500 climbed 21.27 points, or 0.5%, to 4012.32, breaking its longest losing streak this year. The Dow Jones Industrial Average rose 108.82 points, or 0.3%, to 33153.91 after initial declines.
U.S. stock indexes suffered their worst session of the year Tuesday, dragged down by a disappointing forecast from Home Depot and growing concerns that the Federal Reserve will keep interest rates higher for longer. After rallying sharply to kick off 2023, stocks have stumbled in recent weeks as hot economic data have made investors anxious about the trajectory of U.S. monetary policy.
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/its-hard-to-play-the-market-with-bed-bath-beyond-these-meme-stock-investors-are-trying-2d49d9ae
Stocks Fall After Strong Producer Inflation
  + stars: | 2023-02-16 | by ( Caitlin Mccabe | Eric Wallerstein | ) www.wsj.com   time to read: 1 min
Stocks fell Thursday after inflation and jobs data came in stronger than expected, increasing concerns that the end of the Federal Reserve’s tightening campaign is nowhere near. The S&P 500 dropped 57.19 points, or 1.4%, to 4090.41. The Dow Jones Industrial Average slipped 431.20 points, or 1.3%, to 33696.85 while the tech-focused Nasdaq Composite lost 214.76 points, or 1.8%, to 11855.83.
Nasdaq Surges, Powered by Tech Gains
  + stars: | 2023-02-02 | by ( Caitlin Mccabe | Alexander Osipovich | ) www.wsj.com   time to read: 1 min
The Nasdaq Composite jumped to its highest level in nearly five months, powered by a resurgence in big technology stocks and investors’ hopes that the Federal Reserve could pivot from hiking interest rates to cutting them later this year. The Nasdaq rose 384.50 points on Thursday, or 3.3%, to 12200.82. The tech-focused index is having its best start to a year since 1975.
Total: 25