Cryptocurrency News
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Billionaire Dan Loeb Has 23% of His Portfolio Invested in 3 AI Stocks (Hint: Not Nvidia)
Dan Loeb is the founder and CEO of Third Point, an institutional asset manager whose flagship Offshore Fund has returned 13.1% annually since its inception in 1996. Meanwhile, the S&P…
Goldman says gold may dip if Fed opts for quarter-point cut
(Bloomberg) — Gold (GC=F) may face a minor, near-term setback if the Federal Reserve opts for just a 25-basis-point cut this week, but the metal will subsequently rally to a…
Asian Stocks Fall With Fed, BOJ Decisions Ahead: Markets Wrap
(Bloomberg) — Japanese stocks led a regional gauge lower as traders look ahead to decisions from the Federal Reserve and the Bank of Japan this week. Most Read from Bloomberg…
Watch These Intel Price Levels as Stock Surges After CEO Provides Business Update
Shares Surged Nearly 8% in Extended Trading on Monday Source: TradingView.com Key Takeaways Intel shares surged nearly 8% in extended trading on Monday, adding to big gains during regular trading,…
Morgan Stanley lays out the stock market’s best-case scenario for this week’s Fed decision — and 2 areas to buy after the cut
Federal Reserve Board Chairman Jerome Powell speaks during a news conference after a Federal Open Market Committee meeting on November 01, 2023 at the Federal Reserve in Washington, DC. The…
Microsoft Raises Its Dividend 10% and Announces $60B Stock Buyback Program
Joan Cros / NurPhoto / Getty Images Key Takeaways Microsoft on Monday announced a $60 billion stock buyback program and a 10% boost to its quarterly dividend. The moves come…
Get ready for stocks to embark on a weekslong rally after the Fed cuts rates, Fundstrat’s Tom Lee says
Stocks have a positive outlook for the next 12 months, Fundstrat’s Tom Lee said.JOHANNES EISELE/Getty Images Stocks are set to climb higher for at least the next few weeks, according…
As Fed cuts loom, health of US economy could determine markets’ path
By Lewis Krauskopf, Prinz Magtulis, Pasit Kongkunakornkul and Vineet Sachdev NEW YORK (Reuters) – How stocks, bonds and the dollar perform after the Federal Reserve kicks off its rate-cutting cycle…
Microsoft Announces $60 Billion Buyback, Raises Dividend 10%
(Bloomberg) — Microsoft Corp. unveiled a new $60 billion stock-buyback program, matching its largest-ever repurchase authorization, and raised its quarterly dividend 10%. Most Read from Bloomberg The software company said…
Why AT&T Stock Was a Market-Beater Today
The broader stock market might not have had a thrilling Monday, but there was plenty of action and interest in AT&T (NYSE: T) shares. The telecom company was the subject…
Mark Cuban Asks Elon Musk He Can Directly Question Him About Kamala Harris’ Economic Policies, But Wants This In Exchange
Mark Cuban Asks Elon Musk He Can Directly Question Him About Kamala Harris’ Economic Policies, But Wants This In Exchange Billionaire investor Mark Cuban has extended an invitation to Tesla…
Intel to Make Custom AI Chip for Amazon, Delay German Plant
(Bloomberg) — Intel Corp. Chief Executive Officer Pat Gelsinger has landed Amazon.com Inc.’s AWS as a customer for the company’s manufacturing business, potentially bringing work to new plants under construction…
Trump is days away from being able to dump his Trump Media stock for a massive payday
Trump speaks at a March 2024 rally in Richmond, Va.AP Photo/Steve Helber Donald Trump can sell his Trump Media stock soon, potentially scoring a huge payout. The lockup period for…
Micron Stock Sinks as Morgan Stanley Warns About Memory Chip Sector
Kyle Green / Bloomberg via Getty Images Key Takeaways Morgan Stanley cut its price target for Micron Technology and warned about the future of the memory chip sector. The bank…
Fed rate cuts will not be as deep as the market expects, says BlackRock
NEW YORK (Reuters) – The Federal Reserve will likely not cut U.S. interest rates as deeply as the bond market expects due to a resilient economy and inflation remaining sticky,…
Boeing Starts Hiring Freeze, Weighs Temporary Furloughs
(Bloomberg) — Boeing Co. said it’s instituting a range of cost-cutting measures as the planemaker prepares for a drawn-out and expensive strike by workers at its main hub near Seattle,…
Why Micron Stock Dropped 4% Today
Micron Technology (NASDAQ: MU) stock fell 3.9% through 10:30 a.m. ET Monday morning after investment bank Morgan Stanley dramatically slashed its price target on the computer memory maker. Up until…
US interest rate futures see higher odds of super-sized Fed move
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – Futures on the fed funds rate, which measures the cost of unsecured overnight loans between banks, have priced in a nearly 60% chance…
Upcoming Stock Splits This Week (September 16 to September 20) – Stay Invested
These are the upcoming stock splits for the week of September 16 to September 20, based on TipRanks’ Stock Splits Calendar. A stock split is a corporate action in which the…
Occidental Petroleum Is Getting Up to $650 Million to Accelerate Its Ability to Capture This Potentially $5 Trillion Market Opportunity
Occidental Petroleum (NYSE: OXY) has long been a leader in using carbon dioxide in its oil business. It injects the greenhouse gas into underground oil reservoirs in the Permian Basin…
Intel, Pfizer, Trump Media and Target rise premarket; Apple falls
Investing.com — U.S. stock futures edged largely higher Monday, with traders cautious ahead of the latest Federal Reserve policy-setting meeting. Here are some of the biggest premarket U.S. stock movers…
US stock futures tread water in wait for Fed’s rate call
US stock futures traded mixed on Monday, marking a cautious start to a crucial week dominated by expectations for the Federal Reserve’s first interest-rate cut in four years. Dow Jones…
How Intel lost the Sony PlayStation business
Intel (INTC) lost out on a contract to design and fabricate Sony’s (SONY) PlayStation 6 chip in 2022, which dealt a significant blow to its effort to build its fledgling…
Billionaires Are Selling Nvidia Stock and Buying This Supercharged AI Index Fund Instead
Nvidia has been a spectacular investment in recent years. The stock has skyrocketed more than 700% since January 2023 amid excitement surrounding artificial intelligence (AI). But excitement is a double-edged…