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'Big Short' Investor Steve Eisman, Who Predicted '08 Market Crash, Says To Hold On To Apple Stocks
Steve Eisman believes that the demand for AI and infrastructure is pushing the economy to new heights, and Apple has a central role in it.
Billionaire Warren Buffett's Five-Step Approach to Investing in Value Stocks
Buffett targets companies with decent profit margins, low debt, less reliance on commodities, and those with long-term growth potential but trading below their intrinsic values.
From Car Valet to Millionaire Trader: Man Who Made $10M Shares 4 Funds He Invests Long-term
Right out of high school, Jack Kellogg learned about trading while working as a car valet. Despite losing money initially, he has netted millions in profits since 2020.
Steve Cohen's Point72 Ups Stake in Boeing by Over 400% in Q1, Opens New Position in Broadcom
Boeing has trimmed delivery and production of its 737 Max fleet, while Broadcom's quarterly revenue jumped 34% YoY on high chip demand for AI data centres.
What Is the New Texas Stock Exchange (TXSE): Location and Everything You Need To Know
Financial giants are backing the launch of the Texas Stock Exchange, which aims to welcome companies frustrated with the complex disclosure, listing rules and associated costs at the NYSE and Nasdaq.
George Soros's Fund Sells Uber, Novo Nordisk in Q1 to Focus on AI, Construction, and Apparel Stocks
Soros Fund Management made several changes to its portfolio in Q1, increasing stakes in Alphabet, Nike, and D.R. Horton.
JPMorgan Forecast Over 85% Upside for Two Biopharma Stocks Targeting Obesity and Chronic Conditions
The two biopharma firms have developed drug candidates to treat autoimmune and pulmonary diseases. They have demonstrated good safety profiles and efficacy in various stages of clinical trials.
What Does Nvidia's 10:1 Stock Split Mean for Shareholders?
Leading chipmaker and AI player Nvidia announced a 10:1 stock split for the company's common stock that will take place on June 7.
Billionaire Bill Gates' Trust Sells Microsoft, Buffett's Berkshire Hathaway in Q1, Walmart Stake Increases by 200%
The Bill and Melinda Gates Foundation recently revealed selling millions of shares of Microsoft and Berkshire Hathaway in Q1, coinciding with Melinda Gates' resignation as co-chair of the trust.
Ark Invest CEO Cathie Wood Boosts Stake in Firms Making Breakthroughs in Gene Editing, AI Drug Development, and Obesity Drugs
Cathie Wood splurged millions in biotech this year on strong clinical progress, AI adoption, sales growth, wider outreach, and steady product pipelines.
Billionaire David Tepper, Who Bet on Failing Banks in the '08 Crisis to Profit By $7 Billion, Massively Diversifies Tech Stake in Q1
Cheap AI-focused China tech stocks and growing speculations of the US tech rally cooling off soon are prompting investors like David Tepper to capitalize on the valuation gap.
This 'Boring Business Stock' Turned $10,000 to $4 Million
AutoZone shares have climbed 40,520% since its IPO on smart capital allocation, strong cash flow generation, ESG disclosures, and more cars hitting the road.
Futures Pare Losses As Jobless Claims Data Calms Rate-hike Fears
U.S. stock indexes futures pared losses on Thursday, with Nasdaq futures briefly turning positive after data showing an increase in weekly jobless claims suggested the Federal Reserve may need to ease its aggressive monetary tightening cycle.
Skeptical On U.S. Stocks, Equity Hedge Funds Sit Out Market Rally
Still uncertain on where U.S. stocks are headed, equity hedge funds are sitting out the market rally despite taking big paper losses on bearish bets since June, according to industry executives and market data.
Dow Jones jumps past 23,000 points as UnitedHealth shares rally
US blue chip index crosses historic mark for the first time driven by health insurance and consumer goods shares.
Dow Jones soars past 22,000 points as Apple shares spike
US blue chip index reaches historic milestone on early rally stateside.
US equities close higher as Wall Street marks Fed's plan to scale back balance sheet
The S&P 500 posted a record close at 2,404.39.
US equities mark 4-session gains streak as concerns over Trump ease
Tuesday's gains come less than a week after US stocks posted their worst daily decline in months.
Fundamentals kick in as US equities bounce back from Trump-related dip
Latest economic data helped prop up the market from yesterday's worst daily slump since September.
Nasdaq suffers worst-day decline since Brexit amid Trump concerns
The Dow Jones shed more than 370 points for its steepest daily decline since September.
Warren Buffett: The complex life of the world's richest investor
The world's most famous investor is worth $73bn but has lived in same house he bought for $31,500 in 1956.
Dow Jones closes narrowly in the red as energy stocks weigh heavily
Crude oil prices drop 4.8% to $45.52 a barrel - the lowest level since November 2016.
Slight gains for US markets as investors wait for Trump tax plan specifics
Nasdaq hits all-time high but quarterly results are mixed.
Mnuchin tax comments send Dow Jones soaring 174 points as Nasdaq hits record close
Treasury Secretary Steven Mnuchin says Trump administration 'very close' to unveiling tax plan.
US stocks bounce following weekend tensions to close near session highs
Financials helped push markets ahead, with the three major markets rising 0.9%.
US stocks decline as geopolitical tensions weigh while United shares take a dive
United Continental briefly dropped more than 4% before ending the session down 1.1%.
US stocks narrowly edge up as oil price rise offset geopolitical tensions
Energy shares saw a big boost following rise in oil prices.
US stocks close mostly flat as investors look ahead to Trump's meeting with China's Xi Jinping
A new jobs report will also be released later this week.
Nasdaq Composite posts record close as financials lead US stocks higher
All three major markets ended up one day before the end of the first quarter.
US markets send out mixed messages as Dow marks fifth session in the red
Investors concerned fight over healthcare may slow down Trump's pro-growth policies.