Here’s why experts say Russia and China’s attempts to ‘de-dollarize’ global markets are going nowhere

Plans by Russia and China to challenge the dollar on the world stage are going nowhere, experts say. Russia’s fragile economy and China’s capital controls make both their currencies less appealing.  It’ll take a long time for any significant challenge to be mounted against the US dollar, sources told Insider.  Loading Something is loading. Thanks… Continue reading Here’s why experts say Russia and China’s attempts to ‘de-dollarize’ global markets are going nowhere

How to invest in the ChatGPT-driven AI boom: Credit Suisse shares 6 stocks they’re labeling as “top picks” as their exposure to AI development opens them up to new revenue streams

ChatGPT has stirred interest in the artificial intelligence space. Now other industry players are throwing their hat in the ring.  On Thursday, Credit Suisse highlighted who they think will be winners in the space.  Since ChatGPT launched late last year, interest around artificial intelligence and its potential impact on society has steadily grown. Speculation on which… Continue reading How to invest in the ChatGPT-driven AI boom: Credit Suisse shares 6 stocks they’re labeling as “top picks” as their exposure to AI development opens them up to new revenue streams

Bed Bath & Beyond’s stock has crashed to earth after a rollercoaster ride that defied gravity. Here’s a timeline of its chaotic journey, fueled by meme-stock craze and mounting debt.

Bed Bath & Beyond’s stock has been on a rocky ride in the past two years – and now the retailer is on the verge of bankruptcy.  The company’s shares have plunged about 91% since early 2021 when it surged amid the meme-stock frenzy.  Here’s a timeline of the key events that fueled Bed Bath… Continue reading Bed Bath & Beyond’s stock has crashed to earth after a rollercoaster ride that defied gravity. Here’s a timeline of its chaotic journey, fueled by meme-stock craze and mounting debt.

‘All these tiny ticking time bombs’ are threatening the market, and the coming week could deliver a big shock, trading legend Art Cashin says

Investors aren’t paying enough attention to the risk of quantitative easing, Art Cashin told CNBC. While markets are focused on benchmark rates, the Fed has been slowly shrinking its balance sheet. Meanwhile, the Bank of Japan could signal a big shift soon that would also send yields higher. Loading Something is loading. Thanks for signing… Continue reading ‘All these tiny ticking time bombs’ are threatening the market, and the coming week could deliver a big shock, trading legend Art Cashin says

David Einhorn’s hedge fund crushed the S&P 500 last year. These are the 3 stocks he’s counting on for continued outperformance.

David Einhorn’s hedge fund crushed the stock market last year, returning 37% compared to the S&P 500’s loss of almost 20%.Greenlight Capital found success in shorting speculative tech stocks and owning value-oriented companies last year.These are three stocks Einhorn is bullish on as he seeks to continue his outperformance in 2023. Loading Something is loading.… Continue reading David Einhorn’s hedge fund crushed the S&P 500 last year. These are the 3 stocks he’s counting on for continued outperformance.

A chief global strategist explains why it’s time to pivot from stocks as a new era of investing kicks off

Seema Shah, chief global strategist at Principal Asset Management, shared her outlook with Insider for a new era of investing. With liquidity drying up and interest rates high, Shah said investors should decrease equity risk and pocket gains while the current stock rally is still going. She explained how to balance a portfolio to minimize… Continue reading A chief global strategist explains why it’s time to pivot from stocks as a new era of investing kicks off

‘Big Short’ legend Michael Burry invested in Bed Bath & Beyond at least twice before the meme stock’s epic rise and fall

Michael Burry invested in Bed Bath & Beyond at least twice before the meme-stock boom in early 2021. Burry’s Scion firm held a $8 million stake in September 2019, and a $11 million stake in June 2020. BBBY shares peaked at $43 in January 2021, quadruple the price at which Burry owned them. Loading Something… Continue reading ‘Big Short’ legend Michael Burry invested in Bed Bath & Beyond at least twice before the meme stock’s epic rise and fall

A 40-year stock trader and mathematician who had a 366% return shares her 4 biggest tips, plus the winning strategy she learned from her worst mistake

Sunny Harris began trading on her own after a fund manager lost a big chunk of her investment.  She has also developed her own trading indicator that uses dynamic moving averages.  She recommends testing your strategy and rules at least 100 times before using them to make trades. Before Sunny Harris became a stock trader,… Continue reading A 40-year stock trader and mathematician who had a 366% return shares her 4 biggest tips, plus the winning strategy she learned from her worst mistake