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Trump Media Stock Is Falling. It May Still Finish Week in the Green. Source link
Read More »Palantir Technologies Inc. (PLTR) Stock Forecasts
Summary The Federal Reserve’s favorite inflation indicator, the PCE Price Index, will be released by the BEA this morning. PCE differs from the better-known Consumer Price Index because its composition is changed more frequently and it is thus quicker to reflect the impact of real-time pricing fluctuations. In the most …
Read More »Futures slip as investors await key inflation report
(Reuters) – U.S. stock index futures slipped on Friday, as investors exercised caution ahead of a crucial inflation report which could sway expectations on the size of upcoming interest rate cuts by the Federal Reserve. A Commerce Department report, due at 8:30 a.m. ET, is expected to show the Personal …
Read More »Cathie Wood Says Software Is the Next Big AI Opportunity — 1 Spectacular Stock You’ll Regret Not Buying if She’s Right
Cathie Wood is the head of Ark Investment Management, which operates a family of exchange-traded funds (ETFs) focused on innovative technology stocks. Last year, Wood said software companies could be the next big opportunity in the artificial intelligence (AI) industry. She predicts they will eventually generate $8 in revenue for …
Read More »Yen Rallies as Ishiba Wins LDP Leadership, Nikkei Futures Fall
(Bloomberg) — The yen reversed losses and surged against the dollar while stock futures fell after Shigeru Ishiba was voted leader of the Japan’s ruling party, beating a rival who opposed interest rate hikes. Most Read from Bloomberg The currency strengthened as much as 1.3% to 142.96 on the announcement, …
Read More »European Futures Gain; Yen Rebounds on Elections: Markets Wrap
(Bloomberg) — European stock futures gained in line with Asian shares as risk appetite across financial markets got a further boost from China’s latest stimulus measures and upbeat US momentum. The yen swung to gains following Japanese election results. Most Read from Bloomberg Euro Stoxx 50 contracts rose 0.2% alongside …
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Read More »Peter Thiel Has Now Sold $1 Billion of Palantir Stock This Year
(Bloomberg) — Peter Thiel sold almost $600 million of Palantir Technologies Inc. stock this week, bringing his total disposals this year to more than $1 billion. Most Read from Bloomberg He sold more than 16 million shares over three days this week, according to a regulatory filing, adding to the …
Read More »‘Big Short’ investor Michael Burry bet half of his portfolio on Chinese stocks. It’s finally starting to pay off.
Famed “Big Short” investor Michael Burry is benefiting from the recent surge in Chinese stocks. Burry’s Scion Asset Management has nearly half of its portfolio invested in Chinese tech giants like Alibaba. China’s recent stimulus measures, including interest-rate cuts, have sparked a surge in stock gains. The surge in Chinese …
Read More »Hedge fund billionaire David Tepper says he’s loading up on Chinese stocks after the nation’s stimulus bazooka
David Orrell/CNBC/NBCU Photo Bank/NBCUniversal via Getty Images David Tepper is growing even more bullish on Chinese stocks amid the nation’s new fiscal stimulus measures. The new measures include interest-rate cuts, liquidity support, and encouraging company stock buybacks. Tepper views China’s stock market as more attractive than the US stock market …
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