Philippe Laffont is a billionaire investor best known for founding the hedge fund Coatue Management. While hedge funds are widely known for their sophisticated trading prowess and secretive natures, retail investors can get a glimpse into the stocks that financial institutions are buying and selling once per quarter by looking …
Read More »How AI will transform wealth management
Listen and subscribe to Opening Bid on Apple Podcasts, Spotify, or wherever you find your favorite podcasts. Instead of raging against the machine, serial entrepreneur Adam Dell is encouraging us to embrace AI in financial planning. “[It] is going to pervade every aspect of our economy,” the Domain Money CEO …
Read More »Nvidia stock is in beast mode again!
This is The Takeaway from today’s Morning Brief, which you can sign up to receive in your inbox every morning along with: I have never been one to have a cluttered desk at work. To me, everything has a place. Awesome desk organization, awesome outcomes, is how my head works. …
Read More »What to know this week
Stocks secured their sixth straight week of wins on Friday as strong earnings from Netflix (NFLX) boosted the overall tech sector. The attention now turns to other Magnificent Seven names, with EV maker Tesla (TSLA) set to report quarterly results on Wednesday. The Dow Jones Industrial Average (^DJI) led markets …
Read More »Port of Corpus Christi becomes global crude oil supplier
Through the first eight months of the year, trade at the Port of Corpus Christi, Texas, rose 9% year over year to $60.29 billion. (Photo: Noi Mahoney/FreightWaves) Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Port of Corpus Christi …
Read More »Bank of America Predicts up to ~390% Surge for These 2 ‘Strong Buy’ Stocks
We’re well into Q4, and investors are positioning their portfolios for the coming year. As always, the key is identifying stocks poised to deliver solid returns, and Bank of America has highlighted strong choices for those seeking high-growth opportunities. BofA’s analysts aren’t limiting their focus to just one part of …
Read More »Nvidia Could Be Headed to $175 in 2025
Bloomberg recently reported the U.S. could impose caps on exports of advanced artificial intelligence (AI) chips to some Middle Eastern countries. Semiconductor fabrication equipment maker ASML lowered its 2025 guidance. Both were widely viewed as bad news for Nvidia (NASDAQ: NVDA). Is Nvidia’s huge multiyear run nearly over? I don’t …
Read More »1 Digital Banking Stock Down 61% to Buy and Hold Forever
SoFi Technologies (NASDAQ: SOFI) is on a roll. The stock recently soared to $10 per share, its highest price since early 2022. It’s progress, but the stock is still down about 60% from its all-time high, set during the market bubble in 2021. SoFi is a digital bank, but it’s …
Read More »GQG Partners sells BBVA stake over Sabadell hostile bid, FT reports
(Reuters) -GQG Partners, one of Spanish bank BBVA’s biggest shareholders, has sold its stake over the bank’s decision to pursue a hostile bid for domestic rival Banco Sabadell, the Financial Times reported on Sunday. GQG had decided to sell up by July, having told BBVA’s management team that it believed …
Read More »Asian IPOs Set for Blockbuster Week as ‘Animal Spirits’ Return
(Bloomberg) — Asia’s stock markets are gearing up for their busiest week of listings in more than two years, offering a crucial test of demand as companies rush to raise money before the US election. Most Read from Bloomberg Around 20 companies from Asia Pacific are listing shares next week …
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