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Payouts for some roles set to fall by 25% as higher interest rates dampen dealmaking and IPOs

Vix is trading close to a four-year low as stocks surge

Plus, Silicon Valley’s unexpected AI super-investor and the Australian oil groups banding together for survival

Asset manager’s chief economist Joe Davis says investors are overplaying the near-term potential of the technology

Many corporate leaders are misguided in playing down the risks of a second term for the Republican former president

Uncertainty means fewer deals, fundraisings and financings

Big-name groups such as Tesla have slid in 2025 after posting strong gains in previous two years

Apple among the largest fallers as Nasdaq index suffers worst trading day in more than two months

Plus, updates on Galaxy and life in the Bankman-Fried home

Analysts expect an uptick in earnings from corporate America will make up for tech sector slowdown