Treasury Yields Almost Fully Erase Post-Inflation Data Surge As Poor Retail Sales Reignite Fed Cut Hopes
US Treasury note yields retract surge after the January inflation report, indicating a quick shift in investor sentiment.
Retail Sales Sink In January, Manufacturing Indicators Improve, Jobless Claims Fall: Thursday’s Economic Digest
Retail sales slow in Jan. after strong Dec., while surveys show signs of recovery in manufacturing. Jobless claims also fell. Stock futures up.
Cathie Wood’s Ark Invest Bolsters Portfolio With Tesla, Meta Platforms Shares — Dumps Coinbase, Nvidia Amid Surge In Stock Price
In a strategic maneuver on Wednesday, Cathie Wood-led Ark Invest made notable adjustments to its portfolio, demonstrating a keen insight into the evolving market landscape.
2008 ‘Big Short’ Oracle Burry Bets Big On Chinese Giants, Backs Google, Amazon’s AI Wave
Michael Burry, the visionary investor, made significant changes to his portfolio in Q4 2023. Increased stakes in Chinese retailers and two US tech giants, divested from four companies and reduced holdings in others.
Did January Inflation Numbers Spark Market Overreaction? ‘It’s Not That Big Of A Deal,’ Says Former CME Group Chief Economist
Disappointing CPI data on Tuesday caused market tumble and VIX rise. Former CME chief economist expects Fed to wait until June/July to cut rates.
Stocks Rebound As Investor Focus Shifts To Earnings, Bitcoin Tops $1 Trillion Value: What’s Driving Markets Wednesday?
The U.S. stock market attempted a rebound following Tuesday’s declines, which were sparked by a higher-than-expected inflation report in January, as investors refocused on corporate earnings.
Microsoft Detects Russian, Chinese AI Hackers: Is It Time To Add Cybersecurity To Your Portfolio?
AI-driven cybercriminals targeting government and corporate records are pushing for increased AI deployment. Companies like Microsoft and OpenAI are detecting and banning state-backed hacking groups.
Sticky Inflation, Surging Treasury Yields Push Mortgage Rates To 2-Month Peak: Real Estate Stocks Tumble
U.S. housing market faces pressure as mortgage rates rise to 6.87%, highest in 2 months. Inflation data and bond yields trigger market sell-off.
VIX Hits 3-Month High: Market Turns To Stocks Braving ‘Last Mile In The Inflation Battle’
Small caps & growth stocks out, utilities & energy in after surprise inflation reading plunges US equity markets.
$95B Ukraine Aid Bill: Republicans Challenge Historical Views On Foreign Policy, US Role As World’s Cop
The U.S. Senate passes a $95-billion bill to help Ukraine and Israel, but it faces opposition in the House. Some GOP members prioritize border security.