Experts including David Rosenberg and analysts from Wall Street banks including Bank of America have compared the AI stock boom to the dot-com bubble that burst in 2000. At the same time, Wharton’s Jeremy Siegel and Wedbush Securities’ Dan Ives don’t think that will be the case. Here’s a selection of the most recent expert… Continue reading Is the AI stock boom a dot-com-style bubble? David Rosenberg, Jeremy Siegel, and 5 other experts weigh in.
There’s one big reason why housing inventory is so tight right now
Welcome to Saturday. I’m Phil Rosen. A lot of moving parts today — we’ve got stories on Tesla, Microsoft, housing and more. Let’s get started. If this was forwarded to you, sign up here. Download Insider’s app here. virsuziglis/Getty Images 1. Pretty much everyone with a mortgage is paying a lower rate than what’s being… Continue reading There’s one big reason why housing inventory is so tight right now
A trader says he got insider info from an ex-Goldman Sachs exec while playing drunk squash
A trader says he got tipsy and received some insider info from a buddy while playing squash. The details were revealed at a court hearing this week in an insider trading case against a former Goldman Sachs trader. A former Barclays trader testified against Brijesh Goel, who revealed info on a company that was about… Continue reading A trader says he got insider info from an ex-Goldman Sachs exec while playing drunk squash
Nvidia is the top AI pick and the stock could jump 15% as demand has picked up since the chip maker’s blockbuster earnings report, Morgan Stanley says
Morgan Stanley raised its price target on Nvidia to $500 and called the stock its “top pick.” Analysts said demand has picked up since the chip maker’s blockbuster earnings report last month. Nvidia is getting orders from customers who weren’t thought of as major buyers until now. Loading Something is loading. Thanks for signing up!… Continue reading Nvidia is the top AI pick and the stock could jump 15% as demand has picked up since the chip maker’s blockbuster earnings report, Morgan Stanley says
Partial de-dollarization is possible, but China won’t dethrone the greenback even if it becomes the world’s largest economy
JPMorgan strategists said dollar dominance isn’t going away anytime soon, regardless of China’s growth. Partial de-dollarization in possible as China’s yuan becomes a bigger part of global commerce. De-dollarization can stem from sliding faith in the dollar, or developments that enhance the credibility of other currencies. Loading Something is loading. Thanks for signing up! Access… Continue reading Partial de-dollarization is possible, but China won’t dethrone the greenback even if it becomes the world’s largest economy
The S&P 500 has entered a bull market, but will it last? Here’s what 5 Wall Street experts are saying about the stock market’s big rally.
The S&P 500 has pushed its way into a new bull market, but experts are torn over whether the rally can last. AI hype and resilient earnings from US companies have driven the rally in 2023. But that comes as experts warn that the US is close to tipping into a recession. Loading Something is… Continue reading The S&P 500 has entered a bull market, but will it last? Here’s what 5 Wall Street experts are saying about the stock market’s big rally.
‘Shark Tank’ star Barbara Corcoran praises Donald Trump’s selling skills, shrugs off recession fears, and warns of AI fallout in a new interview. Here are the 12 best quotes.
Barbara Corcoran praised Donald Trump’s selling skills and championed real-estate investing. She cautioned against following financial news too closely, and warned of AI’s disruptive potential. The “Shark Tank” star advised young people to try employment before starting a company. Loading Something is loading. Thanks for signing up! Access your favorite topics in a personalized feed… Continue reading ‘Shark Tank’ star Barbara Corcoran praises Donald Trump’s selling skills, shrugs off recession fears, and warns of AI fallout in a new interview. Here are the 12 best quotes.
The Fed just held interest rates and signaled future hikes at the same time – a move that baffled many. Here’s how Larry Summers, Mohamed El-Erian, and others have reacted.
The Fed pressed pause on its interest-rate increases this month after boosting borrowing costs 10 times since early 2022. The move spurred a wave of commentary given the central bank at once held rates and signaled more hikes. Here’s what Larry Summers, Mohamed El-Erian, David Rosenberg, Jeff Gundlach, and others have said. Loading Something is… Continue reading The Fed just held interest rates and signaled future hikes at the same time – a move that baffled many. Here’s how Larry Summers, Mohamed El-Erian, and others have reacted.
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