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    Dip-Buying Remains the Go-To Strategy If Next Resistance Proves Stubborn

    by skolnes September 27, 2024
    September 27, 2024

    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 …

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    Cathie Wood Says Software Is the Next Big AI Opportunity — 1 Spectacular Stock You’ll Regret Not Buying if She’s Right

    by skolnes September 27, 2024
    September 27, 2024

    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 …

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    European Futures Gain; Yen Rebounds on Elections: Markets Wrap

    by skolnes September 27, 2024
    September 27, 2024

    (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 skolnes September 27, 2024
    September 27, 2024

    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 …

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  • Cryptocurrency News

    Peter Thiel Has Now Sold $1 Billion of Palantir Stock This Year

    by skolnes September 27, 2024
    September 27, 2024

    (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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  • Cryptocurrency News

    Oil steadies, but heads for weekly drop on firmer supply outlook

    by skolnes September 27, 2024
    September 27, 2024

    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 skolnes September 26, 2024
    September 26, 2024

    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, …

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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 skolnes September 26, 2024
    September 26, 2024

    Super 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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  • Cryptocurrency News

    Trump Media Co-Founders Moved Quickly to Cash In Their Stake

    by skolnes September 26, 2024
    September 26, 2024

    (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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  • Cryptocurrency News

    A Trump Media investor just dumped more than 7 million shares

    by skolnes September 26, 2024
    September 26, 2024

    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 …

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