Newsfeeds Archive - Page 14 of 150

3 minute read

‘Big Short’ Investor Michael Burry Bets Heavy On Gold, Renewable Energy Stocks, Exits Amazon, Alphabet

May 16, 12:14 PM

Michael Burry, famous for predicting 2008 crisis, made headlines with his latest 13F filing. He shifted towards commodities & renewable energy and decreased holdings in tech giants.

BABA

2 minute read

US Inflation Data Prematurely Released By Accident, Yet Traders Missed Golden Opportunity

By Piero Cingari

May 16, 9:26 AM

The U.S. Bureau of Labor Statistics accidentally released critical inflation data for April 30 minutes early on Wednesday.

BLK

2 minute read

Jamie Dimon Sounds Alarm On Ballooning US Fiscal Deficit: ‘It Will Cause A Problem’

By Piero Cingari

May 15, 4:27 PM

JP Morgan CEO Jamie Dimon raised concerns about the $1.9 trillion U.S. fiscal deficit, stressing the need for immediate action to reduce it and maintain global economic stability.

JPM

1 minute read

S&P 500, Nasdaq 100, Dow Jones Shatter Record Highs In Unstoppable Bull Market Rally

By Piero Cingari

May 15, 4:18 PM

The S&P 500, Nasdaq 100 and Dow Jones Industrial Average indices all shattered fresh all-time highs Wednesday, driven by a benign inflation report that boosted risk sentiment among bullish investors.

AMGN

2 minute read

Wall Street Jumps To All-Time Highs On Soft Inflation, Bond Yields Tumble, Bitcoin Soars, Meme Stocks Face Carnage: What’s Driving Markets Wednesday?

By Piero Cingari

May 15, 1:36 PM

The S&P 500 and the Nasdaq 100 indices rose to fresh record highs during morning trading on Wednesday following a broadly in-line inflation report and cooler-than-expected retail sales data for April, as traders increased their rate cut bets.

AMC

4 minute read

Economists React To Inflation, Retail Sales: ‘The Soft Landing Narrative Is Still A Possibility But Not A Guarantee’

By Piero Cingari

May 15, 12:13 PM

Inflation and retail sales slowed, signaling weaker consumer spending. Traders reacted by betting on Fed rate cuts, boosting S&P 500 and Nasdaq 100 to record highs, while bonds also surged. Economists remain optimistic but cautious.

QQQ

2 minute read

S&P 500, Nasdaq 100 Hit Record Highs As Benign Inflation Data Supports Fed Rate Cut Prospects

By Piero Cingari

May 15, 9:39 AM

April inflation and retail sales data sparked rallies in risky assets, as traders bet on Fed rate cuts. S&P 500, Nasdaq 100 hit record highs.

AMD

2 minute read

US Inflation Falls As Expected In April, Bolsters Fed Rate Cut Bets

By Piero Cingari

May 15, 8:38 AM

U.S. April inflation below expectations, may prompt Fed rate cuts. Retail sales up, but inflation rates down. Market reactions: bond yields, dollar down, stocks up.

QQQ