Business

(Bloomberg) — After an initial stampede into “Trump Trades,” investors in some asset classes are tapering their enthusiasm as they question whether Donald Trump will push through his ambitious tariff proposals as US president. Most Read from Bloomberg The dollar reversed much of its post-election surge by Thursday’s close, and …

iStock; Rebecca Zisser/BI Stock market valuations are near generational highs, Stifel’s Barry Bannister says. Bannister predicts the S&P 500 could rise to the low-6,000s before plummeting back down. He said the market is a “mania” with valuations near 80-year highs. The stock market is “entering Crazy Town” as valuations creep …

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Icahn’s Firm Seeks Bigger Stake in Top Holding While Slashing Its Own Dividend Source link

Arista Networks (ANET) shares tumbled in extended trading Thursday as the cybersecurity firm reported shrinking margins, despite profits that topped Wall Street’s expectations. The cloud networking giant saw revenue grow 7% year-over-year to $1.81 billion, above the analyst consensus from Visible Alpha. Net income came in at $747.9 million or …

Intel CEO Pat Gelsinger Bought Stock Before Election Day Source link

(Bloomberg) — Asian equities climbed Friday after stocks, bonds and commodities all rallied in the US as the Federal Reserve cut interest rates. Most Read from Bloomberg Australian and Japanese shares advanced along with Hong Kong futures, while the Golden Dragon index of US-listed Chinese companies jumped 3.5%. The S&P …

Donald Trump and Federal Reserve Chair Jerome PowellDrew Angerer/Getty Images Indexes climbed on Thursday after the huge post-election rally in the previous session. Traders will shift their attention to the Fed, which is expected to announce a 25-basis-point rate cut. Jobless claims saw a modest rise to 221,000, in line …

Access to this page has been denied because we believe you are using automation tools to browse the website. This may happen as a result of the following: Javascript is disabled or blocked by an extension (ad blockers for example) Your browser does not support cookies Please make sure that …

Access to this page has been denied because we believe you are using automation tools to browse the website. This may happen as a result of the following: Javascript is disabled or blocked by an extension (ad blockers for example) Your browser does not support cookies Please make sure that …