In the past month, the S&P 500 and Nasdaq have enjoyed solid gains, with global markets largely on course to end September in the green. The long-term uptrend, which has…
Cryptocurrency News
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Cryptocurrency News
Cathie Wood Says Software Is the Next Big AI Opportunity — 1 Spectacular Stock You’ll Regret Not Buying if She’s Right
by skolnesCathie 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…
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(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.…
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‘Big Short’ investor Michael Burry bet half of his portfolio on Chinese stocks. It’s finally starting to pay off.
by skolnesFamed “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…
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(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…
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By Gabrielle Ng and Shariq Khan SINGAPORE (Reuters) – Oil prices recouped losses on Friday to edge higher, but stayed on track for a weekly fall as investors weighed expectations…
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Cryptocurrency News
Hedge fund billionaire David Tepper says he’s loading up on Chinese stocks after the nation’s stimulus bazooka
by skolnesDavid 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,…
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Cryptocurrency News
Super Micro Computer Plummeted Today — Should You Buy the AI Stock Before Its Stock Split on Oct. 1?
by skolnesSuper Micro Computer (NASDAQ: SMCI) stock got crushed today following a report that the company is being investigated by the Department of Justice (DoJ). The server specialist’s share price closed…
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(Bloomberg) — The former contestants on Donald Trump’s TV show The Apprentice who co-founded his media startup wasted no time offloading millions of shares in the company after restrictions that…
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United Atlantic Ventures LLC (UAV) has divested over 7.5 million shares of Trump Media’s stock, according to a 13G regulatory filing made with the Securities and Exchange Commission (SEC) on…