An elite hedge fund slashed its Nvidia and Tesla bets last quarter — and boosted its GameStop stake
Jensen Huang is CEO of Nvidia, the world’s most valuable company. Renaissance Technologies cut its Tesla and Nvidia stakes…
Some of Trump’s key cabinet picks provide clues to how his administration will approach the business world
President-elect Donald Trump is quickly fleshing out his cabinet, giving a sense of what his second administration will look…
Europe fines Meta almost $840 million for linking Marketplace to Facebook
Meta was fined almost 798 million euros (about $840 million) for breaching European rules by linking Facebook Marketplace to…
Stock market today: Indexes mixed as traders digest wholesale inflation and await Powell’s remarks
Fed Chair Jerome Powell Indexes traded mixed on Thursday as traders assessed new inflation data and waited for remarks…
Why a strengthening US dollar could spark instability in global markets in Trump’s 2nd term
Donald Trump’s proposed policies are likely to give the US dollar a boost during his second term, but a…
Disney stock surges as rare 3-year forecast sees strong profit growth ahead
Bob Iger, CEO of Disney Disney stock shot up 8% on Thursday after the entertainment giant reported earnings that…
Markets are ripping past all-time highs after Donald Trump’s electoral victory. Doomsday investors aren’t convinced.
The first Donald Trump administration included policy announcements via Twitter, a pandemic, and protectionist tariffs that agitated the country’s…
3 drivers of the stock market’s bull rally are hitting extremes and point to lower returns ahead, economist says
The main drivers of significant stock market gains over the past three decades are nearing extremes, suggesting future returns…
Why billionaire investor David Einhorn is loading up on a struggling agriculture stock ‘no one cares about’
David Einhorn, President, Greenlight Capital, Inc. Famed hedge fund investor David Einhorn isn’t one to shy away from market…
Trump’s victory has turned up the heat on Disney and its CEO, Bob Iger
Disney CEO Bob Iger has been quiet about Donald Trump’s victory. Disney CEO Bob Iger and Donald Trump publicly…