CPI Inflation Came Hot: Watch These Stocks If Kevin Warsh Hikes Next Week
Bank of America and Schwab could benefit from a Fed hike, while Nvidia and D.R. Horton face a tougher setup as odds climb above 80%.
Stocks · News reference
https://www.bloomberg.com/news/articles/2026-09-11/goldman-bofa-vie-to-manage-anthropic-staffers-ipo-millions
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Bank of America and Schwab could benefit from a Fed hike, while Nvidia and D.R. Horton face a tougher setup as odds climb above 80%.
JPMorgan is expanding its corporate banking presence in Greece to serve large and mid-sized companies, building on a 25% increase in global corporate banking staff across EMEA over the past two years. The expansion aims to deepen client relationships and cross-sell treasury, payments, and investment banking services. While Greece alone won't materially impact near-term results, the strategic move supports long-term loan growth, advisory fees, and capital-markets revenues.
Greg Abel has taken over as CEO of Berkshire Hathaway following Warren Buffett's retirement. Abel maintains Buffett's strategy of portfolio concentration, with 82% ($294 billion) of Berkshire's $360 billion invested assets concentrated in 10 stocks. A key difference is Abel's willingness to invest in tech stocks like Apple and Alphabet, while maintaining Buffett's core holdings in financial stocks and 'indefinite' holdings like Coca-Cola and American Express.
David Sacks accuses former Anthropic researcher Jacob Coxon of orchestrating a publicity campaign around his AI safety warnings.
HSBC is winding down its transaction services business in Germany, eliminating approximately 320 positions by 2028 as part of its broader simplification program. The bank targets $2 billion in annualized savings by end-2026 and is redirecting resources toward higher-growth markets, particularly in Asia. Despite the Germany exit, HSBC continues investing in its global Wholesale Transaction Banking franchise, which saw fee income rise 4% to $6.1 billion.
Oracle says four-year-old GPUs are being renewed or resold at a 20% premium, backing Jensen Huang’s bullish view on AI hardware longevity.