Wall
We’re looking for the brightest up-and-comers on Wall Street.Since 2017, Business Insider’s Rising Stars of Wall Street list has highlighted the young professionals redefining the finance industry. We’ve featured traders rewriting the playbook, investors shaping private markets, and influential dealmakers across firms such as Goldman Sachs, Blackstone, BlackRock, and Citadel,…
Hebbia helped popularize AI for Wall Street. Now it’s trying to stay ahead of the companies chasing the massive opportunity.The startup, one of the earliest companies to use AI to analyze large collections of financial documents, is overhauling its flagship product as larger rivals like Harvey and Rogo crowd one…
The summer intern hunched over their phone, surreptitiously typing away, might be doing one of two things: betting on a prediction market or managing an AI chatbot.Morgan Stanley’s equity research team asked the firm’s summer interns about both their AI use and, for the first time, betting habits as part…
This as-told-to essay is based on a conversation with Josh Hou, 22, who left his job as an investment banking analyst at Evercore to co-found Ren, an app that helps users determine how specific interventions, like specific supplements, are affecting their health by running experiments on the body. This interview…
This as-told-to essay is based on a conversation with Maria Cabral Menezes, 27, who founded the brand WashWise, a “dry shampoo for clothes” that refreshes items between washes. WashWise raised $1.2 million in pre-seed funding, as it announced on August 10. Backers range from people in the laundry industry, like…
The savings claimed by the erstwhile Department of Government Efficiency don’t add up, a government watchdog said Thursday.In a new report, the Government Accountability Office, an independent congressional watchdog, said it audited the savings DOGE published on its “Wall of Receipts,” an online database showing how much money DOGE says…
Meta’s AI strategy is, once again, worrying investors.The social media giant’s stock tumbled 10% on Wednesday after it disclosed that its capital expenditure growth far outpaced revenue growth.Meta has a core problem: much of this spending doesn’t yet have a financial return. About 98% of Meta’s revenue still comes from…
This as-told-to essay is based on a conversation with Henry Gonzalez. It has been edited for length and clarity.I’ve lost nearly 350 pounds and kept the weight off. As a kid, I was never small. I was a bigger kid through my teenage years.When I was 21, I weighed 470…
A pair of lawsuits against two US airlines over what counts as a “window seat” has drawn attention to a quirk of aircraft cabins: not every window seat actually has a window.Several carriers, including United Airlines, Delta Air Lines, Alaska Airlines, and Ireland’s Ryanair, operate Airbus and Boeing aircraft with…
