Business

(Bloomberg) — European stocks are poised to decline, tracking weakness in Asian equities as a world-beating rally in Chinese shares paused. Oil extended gains amid concern over escalating tensions in the Middle East. Most Read from Bloomberg Futures on the Euro Stoxx 50 index fell 0.4%, while those on US …

(Bloomberg) — Chinese developers’ shares plunged after an unprecedented rally, fueling a broader market retreat as investors reassessed the sector’s risks. Most Read from Bloomberg A Bloomberg Intelligence gauge of Chinese property firms fell as much as 16% Thursday, ending a five-session winning streak that included Wednesday’s whopping 47% surge. …

Patrick McMullan/Getty Images; Jenny Chang-Rodriguez Millennium Management has lost money in just one year since its 1989 founding. The $69 billion hedge fund uses a strict trading strategy to make sure it consistently makes money. This trading strategy has helped founder Israel Englander become a billionaire. The $69 billion Millennium …

There’s no doubt about it: Rivian (NASDAQ: RIVN) stock has massive long-term upside potential. Its current market cap is just $13 billion — $800 billion less than its biggest competitor in the electric vehicle (EV) space, Tesla. With new mass-market models on the way, we could see Rivian’s valuation soar …

Billionaire Investor Who Predicted 2000, 2008 Crashes Says Market Euphoria Will Top Soon, Warns Of ‘Black Swan Event’ Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Mark Spitznagel, co-founder of Universa Investments, believes the stock market is in a “Goldilocks phase” …

Key Takeaways Nvidia CEO Jensen Huang said demand for the company’s AI chips is “insane” in an interview with CNBC Wednesday. Chipmaker Nvidia is expanding its partnership with IT consulting firm Accenture to help companies use artificial intelligence, the companies announced Wednesday. Nvidia shares have more than doubled in value …

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Investing.com — NVIDIA Corporation (NASDAQ:NVDA) shares added 1% after hours Wednesday after CEO Jensen Huang said demand for its Blackwell product is “insane.” “Blackwell is in full production, Blackwell is as planned, and demand for Blackwell is insane,” Huang said on CNBC’s Closing Bell Overtime Wednesday afternoon. “Everyone wants the …

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(Reuters) – The Moscow Region Arbitration Court on Wednesday froze funds of the U.S. Bank of New York Mellon held by the Russian branch of Citibank as well as funds of JP Morgan Chase held by its Russian affiliate of Morgan Chase Bank amounting in total to about $372 million. …