Fund Manager Overseeing Top-3% Growth Funds Shares A Proven Strategy to Navigate the AI Boom
Ankur Crawford manages Fred Alger Management's top growth funds that invest heavily in tech stocks and have returned over 40% in 2023.
The Last Time This Warren Buffett Indicator Reached This High, A Painful Year-Long Bear Market Followed
Berkshire Hathaway Chairman Warren Buffett's stock market valuation indicator reached an all-time high of 200% last week, implying extreme stock valuations.
Nvidia Likely To Announce Surprise Positive Earnings Next Month, Says Goldman Sachs After Meeting Top Company Exec
Nvidia continues to witness high demand for its AI GPUs and will start disclosing ROI metrics for end users from the next earnings call onwards.
Analysts See Tech Companies Leading the Rally Ahead of Q2 Earnings, Lifts Target Price Over 20% For 3 Tech Stocks
Wedbush Securities analysts led by Dan Ives believe Q2 earnings will be a positive catalyst for tech stocks, which could climb another 15% this year.
Rep. Marjorie Taylor Greene Diversifies Portfolio with Investments in AI, Apparel, and Energy Stocks
Rep. Marjorie Taylor Greene is among several Congress members who are actively trading in the stock market. She maintains a diversified portfolio and has executed 145 trades since 2021.
Wall Street Billionaire Investors Dumped Nvidia Shares in Q1, Bought These Three Stocks Instead
Nvidia continues to innovate AI GPUs and maintains a strong balance sheet, but hedge fund managers see several headwinds for the company in the coming months.
Amazon Prime Day Investment Challenge: Buy Stocks As Shares Trade 6X Cheaper Valuation Vs. June 2023
Amazon's price-to-earnings ratio was 53.98 as of July 15, compared to 309.88 in late June 2023. The company is rapidly reducing operational costs through robotics, AI integration, and improving worker safety.
Nancy Pelosi's Portfolio Returned Over 700% In a Decade: Copy Her Investment Strategy Here
Nancy Pelosi and several members of the US Congress have tech-heavy investment portfolios that have generated triple-digit returns over the past decade.
Bond King Bill Gross Says Tesla Acting Like a Meme Stock as Shares Surge 35% in One Month
Bill Gross highlighted Tesla's "sagging fundamentals," although the EV maker delivered nearly 440,000 vehicles and deployed 9.4 GWh of energy storage products in Q2.
State Farm Threatens to Abandon California If They Can't Raise Prices: 52% For Renters, 30% For Homeowners
High inflation and rising California fires have led State Farm to propose homeowners insurance rate hikes. At the same time, many insurers remain hesitant to return to the state due to rapid climate change.
The S&P 500 Returned an Average of 11% In the Second Half of Election Years with an Incumbent Running for Reelection
Since the S&P 500's inception in 1957, there have been 16 presidential elections, half of which had incumbents running for their second terms.
Woman Gets $475K Out Of $800K Game Show Prize After Taxes; Dave Ramsey Slams 'Thieving Government'
Soon after winning, Tyler faced challenges like state and federal taxes, entitled cousins wanting their fair share, and whether she should buy a new house.
SkyBridge Capital's Anthony Scaramucci Explains Why Bitcoin Prices Could Reach $100K By Year-End
Despite mounting selling pressures on Bitcoin, Anthony Scaramucci sees multiple bullish factors for the coin and thinks it can reach a value of $100,000 by year-end.
Warren Buffett Has Over 10% Of His Portfolio in Two Energy Stocks That Are Also Dividend Aristocrats
Billionaire investor Warren Buffett has been heavily investing in energy stocks in recent years as the companies accelerate innovation of low-carbon technologies.
Calls For Joe Biden To Step Down Grows Stronger As More House Democrats Flag Reelection Plans
Four House Democrats, all ranking members of key House committees, made their positions known during a private call hosted by Minority Leader Hakeem Jeffries.
Card Skimmers Are On The Rise: Here Are The Top Ways To Stay Safe According To Experts
Card skimming is an emerging scam in the US. Fraudsters fix devices inside ATM card slots and payment terminals to steal credit and debit card data from the card's magnetic stripe.
TikTok Exec Reveals Why She Regrets Buying a New Tesla Despite Her $400,000 Salary
Sora Lee increased her income by ten times in just over a decade. Still, payments on debts and lack of control over discretionary expenses are becoming a drag on her monthly budget.
Kevin O'Leary Says It Is Possible To Retire With $500K and No Extra Income - Here's How
Shark Tank star and investor Kevin O'Leary says it is possible to survive in retirement with $500,000 in the bank, but his approach may be unrealistic for many.
Jeff Bezos To Sell Amazon Shares for The Second Time This Year as Stock Price Surges to Record Levels
Jeff Bezos plans to sell a portion of his stake in Amazon for the second time this year as the e-commerce giant's stock price surpassed record levels to peak at $200.20 this week.
How Billionaire Investor Ray Dalio's 'All Weather' Investment Approach Earned Him A Fortune
Ray Dalio's offensive and defensive investing strategies, combined with diversification across industries and asset classes, have helped him amass a personal fortune of $15.4 billion.
JPMorgan's Chief Strategist Reiterates Bearish Outlook, Says The S&P 500 Will Fall 23% By Year-end
JPMorgan strategist Marko Kolanovic forecast a significant S&P 500 decline by year-end as US GDP growth in Q1 slowed considerably amid headwinds like downward earnings revisions.
16 Nobel-Prize Economists Say 'Joe Biden's Economic Agenda Is Vastly Superior to Donald Trump'
The Nobel laureates think former President Donald Trump's re-election will reignite inflation and have a destabilising effect on the US economy.
Palantir's Year-long Rally Gains Momentum After Expanding Partnership with Voyager Space
Palantir Technologies shares have gained over 50% year-to-date amid the AI boom as revenue from government contracts and commercial clients continues to increase steadily.
EV Startup Rivian Shares Jump Over 50% After $1 Billion Investment from Volkswagen
California-based Rivian will form a joint venture with Volkswagen and offer its electrical architecture expertise to expedite the development of a new-age, software-defined vehicle technology platform.
Hedge-fund Manager Says Nvidia Will Hit a $6 Trillion Valuation by Year-end
EMJ Capital founder Eric Jackson believes Nvidia shares are trading at a cheap valuation and will hit $250 by 2024-end as investors focus on Blackwell products and next year's earnings.
'It Is Super Frustrating': Accountant With $190K Yearly Salary Struggles with Debt and Budgeting
Preston from Dallas is frustrated with his outstanding debts and volatile monthly spending habits despite having the tools and resources to save more on his $190,000 annual pay.
Ohio Woman Wins $15M Lottery But Only Receives $5.4 Million - Are Cash Payouts Worth It?
Jeanne opted for the $7.5 million cashout option and paid 28% in state and federal taxes to take home $5.4 million. She also had the option to receive $600,000 annually for 25 years.
US Housing Affordability Crisis Won't Improve Until 2026 As Rates and Prices Remain Too High, Analysts Say
Home sales and construction declined in May. Homeowners who locked in at low mortgage rates before the US Fed's aggressive rate hikes have been unwilling to sell their homes.
Top Executive at GraniteShares Is Bullish on Cybersecurity, Recommends Four Stocks Held by The $5 Billion Investment Firm
The cybersecurity sector is poised for growth despite rising cybercrimes, geopolitical tensions and conflicts as governments and the private sector increasingly rely on the cloud for data storage and transfer.
Daughter Receives $20K From Parents To Pay For Her Wedding, Uses It For A House Down Payment Instead
Mike's daughter put the $20,000 into a home down payment before paying for the wedding herself with help from her fiancé. She is among many Americans who are marrying late and taking on more financial responsibilities.
