Fortune (May 31)
Wall Street is awash in rumors that following the mid-June IPO of SpaceX, it will merge with Tesla. “While the $3.4 trillion valuation is breathtakingly big, the combined profits generated by the two potential partners wouldn’t even qualify as shockingly small––based on recent results, they’d be negative.” If Elon Musk succeeds in this merger “he’ll create a $3.4 trillion behemoth—with zero profits.”
Tags: $3.4 trillion, Behemoth, Breathtaking, Combined profits, IPO, Merger, Mid-June, Musk, Rumors, SpaceX, Tesla, Valuation, Wall Street, Zero profits
Bloomberg (April 10)
“Treasury Secretary Scott Bessent and Federal Reserve Chair Jerome Powell summoned Wall Street leaders to an urgent meeting on Anthropic.” The AI firm’s new Mythos system is thought to be “capable of identifying and then exploiting vulnerabilities in every major operating system and web browser.” The leaders, who represented global systemically important banks, were summoned “to make sure banks are aware of possible future risks… and are taking precautions to defend their systems.”
Tags: AI, Anthropic, Bessent, Exploiting, Fed, Future risks, GSIB, Identifying, Meeting, Mythos, Operating system, Powell, Treasury, Urgent, Vulnerabilities, Wall Street, Web browser
Barron’s (March 12)
“Wall Street is becoming increasingly worried” with the escalating war in Iran. Investors fear the war “could lead to a stagflationary environment where the Federal Reserve can’t step in to boost the economy due to stubborn price growth. Odds of no rate cut in 2026 surged to 46.1% on Thursday.” The odds had stood at just 5.1% a month ago.
Tags: 2026, 46.1%, Economy, Escalating, Fear, Fed, Investors, Iran, Odds, Price growth, Rate cut, Stagflationary, Wall Street, War, Worried
MarketWatch (February 4)
“Software ate the world. Now, Wall Street is worried AI will eat software. The selloff of business software continues on Wednesday as investors keep selling shares of companies that look like they could be on the menu.”
Bloomberg (December 12)
“AI is powering Trump’s economy, but American voters are getting worried.” The Wall Street consensus is “that AI has driven most of the gains on the S&P 500 this year” so that may make AI look like a hero. Among voters, however, there are “signs of an AI backlash, one that could amplify concerns about the cost of living and the job-market outlook in Trump’s economy.” Data center projects are increasingly being “blocked or delayed by local opposition” and roughly $98 billion in investment was “stymied in the second quarter, more than the total for all previous quarters since 2023.”
Tags: AI, Backlash, Blocked, Consensus, Cost of living, Data centers, Delayed, Economy, Gains, Investment, Job market, Opposition, Outlook, S&P 500, Trump, Voters, Wall Street, Worried
New York Times (November 6)
“President Trump’s barrage on global trade appears to have taken a hit” during questioning in front of the Supreme Court. “Concerns are growing that the Supreme Court could scramble the Trump administration’s tariffs strategy. That may be welcome news for free-trade advocates, but it could also unleash more uncertainty for businesses and Wall Street.” Market reaction was rapid as “the yield on 10-year Treasury notes spiked to 4.15 percent,” a sell-off that suggests “bond holders are fretting that an adverse ruling could deprive the government of revenues needed to offset the federal deficit.”
Tags: Barrage, Bond holders, Businesses, Free trade, Fretting, Global trade, Market reaction, Revenues, Scramble, Sell-off, Supreme Court, Tariffs strategy, Treasuries, Trump, Uncertainty, Wall Street, Yield
Barron’s (October 8)
“The near-simultaneous collapse of two companies tied to the U.S. auto industry is shedding new light on a fast-growing part of the financial ecosystem little known outside Wall Street.” Non-depository financial institutions (NDFIs) “now account for some 33% of all commercial and industrial loans originated by large banks” and, at the end of the month, stood at $1.7 trillion (up over 400% since 2015). “These hard-to-track loans fall outside systems that regulators can track to assess where risk is concentrating.”
Tags: $1.7 trillion, Auto industry, Banks, Collapse, Commercial, Concentrating, Fast-growing, Financial ecosystem, Industrial, Loans originated, NDFIs, Regulators, Risk, U.S., Wall Street
MarketWatch (August 26)
“Wall Street is more focused on Nvidia than on threats to Fed independence. That may be a big mistake.” The “muted reaction to Trump’s attempt to fire Fed’s Lisa Cook indicates markets are ‘not properly priced’ for a rupture in the monetary-policy process.”
Tags: Attempt, Cook, Fed independence, Fire, Markets, Mistake, Muted reaction, Nvidia, Properly priced, Rupture, Threats, Trump, Wall Street
Fortune (August 19)
“The U.S. Federal Reserve’s looming decision on whether to cut interest rates in September 2025 is sparking heightened concern on Wall Street, as strategists at Bank of America (BofA) Securities draw unsettling parallels to the months preceding the 2007–08 financial crisis” in a note entitled “Ghosts of 2007.”
Tags: BofA, Concern, Cut, Fed, Financial Crisis, Interest rates, Looming. Decision, Parallels, September, Strategists, U.S., Unsettling, Wall Street
Fortune (August 19)
“The U.S. Federal Reserve’s looming decision on whether to cut interest rates in September 2025 is sparking heightened concern on Wall Street, as strategists at Bank of America (BofA) Securities draw unsettling parallels to the months preceding the 2007–08 financial crisis” in a note entitled “Ghosts of 2007.”
Tags: BofA, Concern, Cut, Fed, Financial Crisis, Ghosts of 2007, Interest rates, Looming. Decision, Parallels, September, Strategists, U.S., Unsettling, Wall Street
