Wall Street Hiring Dilemma: AI Can Model-but Can't Make-the Next Rainmaker
Executives are reluctant to slash jobs, with rainmakers often starting out as junior bankers performing rote tasks.
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Apple to Raise Prices Due to Memory Chip Crunch, Tim Cook Says
The CEO tells the Journal in an exclusive interview that soaring costs make price increases "unavoidable."
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BHP Raises Potash Project Costs, Flags $2.3 Billion Write-Down
The miner said an expansion of its potash project in Canada will cost $2 billion more than expected.
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Tesco Sales Bolstered by Online Growth
The company reported online growth of 8.9% in the U.K and of 17% in Central Europe.
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Besi Raises Long-Term Revenue, Profitability Targets on AI Boost
BE Semiconductor Industries raised its long-term revenue and profitability targets, citing increased demand for AI-related products.
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Trump Says Anthropic Negotiations Continue as AI Leaders Huddle at G-7
The president made his comments at a Group of Seven summit where some world leaders were concerned about losing access to leading AI tools.
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Smith & Wesson Posts Higher Profit on Strong Handgun Sales
The firearms maker's shares rallied in after-hours trading, and it expects continued firearms demand in the current fiscal year.
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IMAX Stock Sets Record Close. It's Been a Hot Summer Movie Season.
IMAX stock is up 20% this year and there are more movie blockbusters on the way, including The Odyssey.
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SpaceX adds a third 'PayPal Mafia' member to its board
Former PayPal CFO and venture capitalist Roelof Botha is joining SpaceX's board and will serve on its audit committee.
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Bed Bath & Beyond Is Buying a Real Estate Brokerage. What's Behind the Move?
Bed Bath & Beyond bought Fathom to help transform itself into a one-stop shopping for homeownership.
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Rumble gets 22,000 Nvidia chips, but the video company's CEO insists this isn't a fad-like pivot
Is Rumble's AI expansion just Allbirds 2.0 - or a move modeled after Elon Musk?
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Accenture Faces a Cold Dose of Reality Ahead of Earnings. What Investors Should Know.
Accenture is set to report before the opening bell Thursday. Concerns about AI disruption have taken center stage, but deeper problems lie elsewhere.
(END) Dow Jones Newswires
June 18, 2026 05:00 ET (09:00 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.
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