Stock market today: Indexes rise as stocks whipsaw after inflation-fueled decline
US stocks traded mixed on Wednesday, with investors staging a recovery after taking in a mixed inflation report. Major…
GameStop craters as earnings show sales falling and profits driven mostly by its huge cash pile
GameStop investors received a sobering wakeup call on Wednesday after the video game retailer saw its stock plunge as…
A Citadel macro PM was set to join Point72 — but then Balyasny swooped in
Dmitry Balyasny, founder of Balyasny Asset Management. George Arzeno is in demand. The macro portfolio manager was lured away…
Nvidia stock jumps as CEO Jensen Huang looks to address key investor concerns
Nvidia stock jumped 6% on Wednesday, helping fuel a tech-led rebound in the broader market after the CPI report…
Stock market today: Stocks fall as annual inflation slows but monthly CPI notches surprise increase
US stocks traded mixed on Wednesday as investors took in last month’s inflation report, which showed an unexpected increase…
$11 billion ExodusPoint just made a concession on fees. It could be the start of a massive change for hedge funds’ biggest names.
Stacks of cash The clear winners within the hedge-fund world during the pandemic and the years immediately following 2020…
Here’s why the stock market is throwing a tantrum about new inflation data
Michael Nagle/Xinhua via Getty Images The stock market is having another outburst. US indexes slumped on Wednesday, with the…
The AI theme is ‘overcooked’ and investors should take shelter in quality defensive stocks, Morgan Stanley’s CIO says
With investors growing impatient over returns on AI investments, they’re desperately looking for the next big thing. In the…
This corner of the stock market is set to outperform once the Fed starts cutting interest rates, Goldman Sachs says
People sit outside the New York Stock Exchange (NYSE) in New York City, U.S., September 15, 2016. There’s one…
This volatility-resistant area of the stock market is ripe for outperformance after two decades of decline, according to Bank of America
A cooling economy, another lackluster jobs report, impending rate cuts, and the upcoming election — with all of these…