Wall Street is warning the AI trade may be overheating as record spending, investor optimism, and soaring valuations fuel fresh fears of a bubble.

Goldman Sachs, JPMorgan, Morgan Stanley, Bank of America and Citi all posted strong earnings returns — signs a dealmaking wave may be here to stay.

Amazon also plans to spend more than $100 billion this year expanding its cloud and AI data centers. CEO Andy Jassy has signaled that automation and AI are likely to shrink some white-collar roles in the years ahead, calling on employees to adapt to the evolving landscape.

In the latest quarter, the largest U.S. banks led by JPMorgan Chase (JPM.N), Goldman Sachs (GS.N), and Bank of America (BAC.N) flagged big profits from the booming business of prime brokerage, which involves lending cash and securities to hedge funds to help execute large trades.

Megacap technology stocks and bank shares were leading the gains on Wall Street as the broader market was bouncing back from its selloff into the close in the previous session. "While there’s little economic data on the calendar again today,

Stellantis shares jolted higher by $13B investment in U.S. manufacturing. Netflix to carry video podcasts from Spotify. JPMorgan CEO Jamie Dimon says it’s ‘semi-rational’ to own gold.

Morgan Stanley and Bank of America on Wednesday reported third-quarter financial results that blew past investors’ expectations, thanks in part to their dealmakers’ and traders’ fortunes. Mergers and acquisitions and initial public offerings are picking up,

Ark Invest's Cathie Wood says AI in healthcare could drive the next big boom, calling the sector "the most inefficiently priced part of the market."

DealBook founder and Squawk Box co-host Andrew Ross Sorkin takes a look at the crash of 1929 in his new book. He tells 60 Minutes what may it may indicate about today's stock market.

Vertical has acquired director Alfredo Barrios Jr.'s film that counts 'Entourage' creator Doug Ellin as a producer and also stars Chris Diamantopoulos and Jay Mohr.