David Hollerith

David Hollerith is a senior reporter at Yahoo Finance who covers the businesses, institutions, and people across banking, crypto, and the wider financial sector. His coverage connects Wall Street banks, digital asset platforms, and fast-growing technology companies, with a consistent focus on how strategy and deal flow translate into profits, risk, and market power. He writes straight, densely reported stories that track what major financial players are doing and what those moves mean for investors and the broader system.

Wall Street banks and earnings cycles

Hollerith’s core run of stories examines how large banks and financial institutions are making money, losing it, and retooling their businesses in response to shifting markets. He follows firms such as Bank of America, Morgan Stanley, Goldman Sachs, and JPMorgan through quarterly earnings, fee forecasts, bonus seasons, and capital markets activity, drawing out what changes in revenue and compensation say about the health of Wall Street.

In coverage of Bank of America leading financial services stocks lower on a weak fee outlook, he ties stock moves to specific expectations for advisory and trading income, showing how the earnings cycle moves through share prices. Stories on a Wall Street bonus boom and big-bank earnings blowouts detail where bonus pools are expanding, which desks are driving record results, and how competitive dynamics are shifting between firms. His reporting on JPMorgan’s record quarter, and CEO Jamie Dimon’s view that the current banking environment is “close to as good as it gets,” uses executive commentary to frame how lenders see credit conditions, regulation, and growth prospects.

Across these pieces he treats Wall Street as a business to be measured - revenue lines, deal volumes, and cost structures sit alongside CEO quotes and market reaction.

Crypto platforms, policy fights, and market stress

Hollerith covers crypto as part of the same financial ecosystem, focusing on major platforms, regulatory setbacks, and market downturns rather than retail speculation. In a profile of Coinbase CEO Brian Armstrong after the failure of a high-profile crypto legislative effort, he tracks how the company is recalibrating around an alternative path for regulatory clarity and business growth.

His reporting emphasizes governance choices and strategy - how executives respond to blocked bills, enforcement pressure, and shifting investor sentiment - rather than only price action. In coverage of Michael Saylor’s bitcoin strategy during a prolonged price slide, he treats the crypto market as a corporate finance story, examining balance sheet exposure, leverage, and the lack of easy exit options from a large directional bet. His broader beat description, covering banking, financial institutions, and the cryptocurrency space, matches the way these pieces move between traditional lenders and digital-asset firms.

The result is a crypto lens that stays anchored in business decisions, regulation, and institutional risk.

AI, IPO pipelines, and deal-making across finance

Another through-line in Hollerith’s work is how artificial intelligence and large technology transactions are reshaping bank profits and capital markets. He reports on the AI stock frenzy driving record revenue at Morgan Stanley, tying trading and deal activity in AI names directly to the firm’s top line and to a broader earnings surge across big banks. In pieces on SpaceX’s IPO preparations, he details how Goldman Sachs and Morgan Stanley divide lead roles between institutional and retail investors, showing the mechanics of marquee offerings and who stands to benefit.

His Anthropic IPO coverage similarly maps out which investors and banks are positioned to make money from a major AI-focused listing, treating the deal as part of a wider boom in AI-related transactions.

Stories on the AI boom rippling into regional banks, as lending picks up, link technology-driven demand to credit growth and fee income, illustrating how AI activity moves from headline deals into the balance sheets of smaller lenders. Across these articles, he places AI in the middle of a financial narrative: as a driver of underwriting, trading, and advisory business for banks, and as a source of concentrated opportunity and risk for investors.

Governance, disclosures, and shifting priorities in banks

Hollerith also spends time on how major institutions communicate their priorities and manage reputational and regulatory risk. His coverage of JPMorgan removing nearly all DEI references from its annual report focuses on what disappears from formal disclosures, and what that reveals about the bank’s stance toward diversity, equity, and inclusion in a changed political and regulatory environment.

By treating the annual report as a governance document, he shows how language changes can be as telling as shifts in numbers. In broadcast and video segments around Jamie Dimon’s interview on inflation and AI, he highlights the CEO’s lack of conviction that inflation has been defeated and documents how AI is being woven into the bank’s operations and financing activity.

These stories sit alongside his broader beat on banks and crypto, underlining a concern with how top executives frame risk, progress, and social commitments, and how those frames filter into investor perception.

Across his author archive, Hollerith’s work is tightly focused on the intersection of banks, crypto firms, and high-growth technology companies, with recurring attention to earnings, deal-making, regulation, and executive strategy. He writes consistently within Yahoo Finance’s markets coverage, using clear, sourced reporting to explain why specific institutions are winning or losing in a given quarter, what big deals say about future revenue, and how policy and technology shifts are reordering the financial sector.