Newsfeeds Archive - Page 13 of 273

2 minute read

Bill Ackman’s Pershing Square Q1 Shake-Up: Home Retailer Dumped, Hot Restaurant Stake Trimmed And A ‘Magnificent 7’ Holding Juggled

May 16, 2:53 AM

All of Pershing Square's holdings except real-estate development and management company Howard Hughes saw book profits in the first quarter.

CMG

2 minute read

Gold Bull Peter Schiff Says Inflation Headed ‘Far Higher’ As Powell ‘Refuses To Acknowledge’ Policy Mistake During COVID-19

By Shanthi Rexaline

May 15, 7:50 AM

Schiff is in the camp of economists who see no respite in pricing pressure, blaming the Federal Reserve for the current predicament.

TIP

4 minute read

Wall Street Futures Pause As April Inflation Worries Eclipse Meme Stock Mania 2.0: Why This Analyst Bets May Will Be ‘Strong Month’

By Shanthi Rexaline

May 15, 7:08 AM

U.S. stock futures were flat Wednesday morning as investors awaited a crucial report on consumer prices.

AMC

2 minute read

Jim Cramer Can’t See GameStop Trading At $64 Or Even $44, Warns Against Meme Stock Mania: ‘Responsible Move Is To Sell, Sell, Sell’

By Shanthi Rexaline

May 15, 5:38 AM

"I prefer to be a little bit more rigorous because I want something with staying power," the Mad Money host said.

AMC

2 minute read

Don’t Panic Yet! Ahead Of Key April Inflation Data, Economist Points To Charts That Hint At ‘Some Good News’ — ‘Fed Beige Book Nailed This’

By Shanthi Rexaline

May 15, 5:03 AM

The Federal Reserve's focus on bringing inflation down to its 2% target has made investors closely watch economic data releases. This week's Consumer Price Index report could provide clues about the future path of interest rates.

TIP

2 minute read

Macro Guru Raoul Pal Says Fresh GameStop-Led Meme Stock Frenzy Has Nothing To Do With Interest Rates: ‘Clock Is Ticking On The 25-40-Year-Olds’

By Shanthi Rexaline

May 15, 3:12 AM

The Fed funds rate, a key benchmark impacting borrowing costs, currently sits at a 22-year high of 5.25%-5.50%.

AMC

2 minute read

Jim Cramer Bets Cash-Strapped AMC, GameStop May Issue Shares To Capitalize On New Meme Stock Frenzy: ‘It Makes Too much Sense Not To’

By Shanthi Rexaline

May 14, 8:40 AM

"GME would be nuts NOT to authorize and at the money sell program to raise cash and reinvent," he said.

AMC

3 minute read

Nasdaq, S&P 500 Futures On Edge As Traders Gear Up For PPI Data, Powell’s Speech: Why This Analyst Remains Hopeful Despite Market Losing Some Momentum

By Shanthi Rexaline

May 14, 7:06 AM

The market mood appears to be fidgety early on Tuesday as traders eye the week’s twin inflation reports and other market-moving economic events.

AMC

2 minute read

Tesla’s Genius Move Or Price Cut In Disguise? Analysts Dissect EV Giant’s 0.99% Model Y Financing Scheme

By Shanthi Rexaline

May 14, 5:26 AM

Tesla is the "master" at tweaking prices to optimize demand," said Munster.

TSLA

3 minute read

The 8 ‘Silent’ Billionaires Cashing In On The AI Boom (Besides Nvidia’s Jensen Huang And OpenAI’s Sam Altman)

By Shanthi Rexaline

May 14, 4:54 AM

Here's a breakdown of the notable executives who reaped substantial gains by spearheading the AI revolution at their respective companies (or by just being in the right place at the right time)/

AIQ