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Gary Black Shares Polymarket Data, Says Trump Tariffs Have Pushed Odds Of 2025 Recession To 57%
Monday, April 21, 2025 - 12:20am | 614Noted investment adviser Gary Black drew attention Sunday to the rising odds of a recession in 2025 due to President Donald Trump’s tariff measures. What Happened: Black, managing partner at The Future Fund, highlighted the increasing likelihood of the U.S. slipping into...
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Scott Bessent Says China Won't 'Weaponize' US Treasuries, Citing Risk To RMB And Exports: 'We Do Buybacks'
Wednesday, April 16, 2025 - 7:08am | 876Treasury Secretary Scott Bessent has said that China couldn’t sell U.S. Treasuries to destabilize the financial markets, as it would affect their economy by weakening their currency. What Happened: Bessent, while speaking to Yahoo Finance, reiterated that there was no purpose for China to...
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Charles Schwab Tells Investors To Prioritize 'Low Volatility, High Quality' Investments Amid Century-High Tariff Turmoil
Tuesday, April 15, 2025 - 7:03am | 741As the bond market reels from the spiking yields and the surge in volatility, analysts at Charles Schwab are predicting that last week’s “Trump put” was a potential policy response to the bond market and not the stock market. What Happened: Charles Schwab highlighted in its recent...
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Gary Black Expects Consumers And Businesses To Cut Spending Ahead Of Earnings Season, Warns Of A 'Lasting Damage To The Economy'
Friday, April 11, 2025 - 7:09am | 657Investor Gary Black, the managing partner at the Future Fund LLC, has cautioned about impending “lasting damage to the economy” as consumers and businesses are expected to curtail spending ahead of the upcoming earnings season. What Happened: Black’s comments, made in response to...
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Trump Pauses Tariffs After Yields Surge: 'Bond Vigilantes Hit Another Homerun,' Experts Point To Bond Market Panic For Reversal
Thursday, April 10, 2025 - 5:14am | 1070Amid several theories on why President Donald Trump paused the tariffs hours after they went into effect, experts have been pushing the bond market turmoil as the major contributor to the decision. What Happened: After the 10-year Treasury yields rose 34 bps from below 4.0% last week to nearly 4.34...
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Trump's 25% Auto Tariff Raises Will Put Pressure On Interest Rates, Says Economist — Tesla Investor Gary Black Says President Found 'Further Ways To Push The Economy Into Recession Today'
Wednesday, March 26, 2025 - 10:05pm | 1117President Donald Trump‘s announcement of a 25% tariff on auto imports has sparked widespread concern among economists and market analysts, with many warning of potential severe economic consequences. What Happened: The tariffs, set to take effect on Apr. 3, aim to boost domestic auto...
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Tesla's China Weekly Insured Numbers Hit New Year-To-Date High: Gary Black Says TSLA's Europe Sales Decline Not Relevant
Tuesday, March 25, 2025 - 8:11am | 766Elon Musk's Tesla Inc. (NASDAQ:TSLA) has something to cheer about in China, with weekly insured registrations hitting 17,300, marking the highest point this year. What Happened: This increase aligns with the ramped-up production of the refreshed Model Y, as highlighted in a post on X by Future Fund...
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Tesla Investors Advised To Fasten Their Seatbelts As Analyst Expects March Deliveries To Take A Hit: It's Still 'Best-Positioned Company In Physical AI'
Tuesday, March 18, 2025 - 8:06am | 1195The shares of Tesla Inc. (NASDAQ:TSLA) have plunged nearly 40% in 2025 and the street is now expecting the company to miss its March delivery estimates. Despite this, the company logged its highest weekly registrations in China so far this year. Here's what analysts are saying. What Happened:...
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Google's Waymo Leads Robotaxi Race With 2 Millon Paid Rides, Amazon's Zoox Challenges Tesla For Second Spot As Autonomy Becomes 'Table Stakes,' Says Gary Black
Sunday, March 16, 2025 - 9:54pm | 685Alphabet Inc.‘s (NASDAQ:GOOGL) (NASDAQ:GOOG) Waymo has established a commanding lead in the autonomous vehicle market with over 2 million paid robotaxi rides across multiple U.S. cities, Gary Black, Managing Partner at The Future Fund LLC notes. What Happened: “Many investors argue...
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Jim Cramer Says Market Isn't 'Oversold Enough' For A Powerful Bounce Back Led By Broadcom's Strong Earnings
Friday, March 7, 2025 - 8:11am | 941As the Nasdaq 100 index entered the correction zone on Thursday, Broadcom Inc. (NASDAQ:AVGO) surged 12.82% in after-hours, however, CNBC’s Jim Cramer believes that Broadcom’s strong earnings won’t be able to help the index out of the slump. What Happened: Broadcom slipped 6.33% on...
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'No One Went Broke By Taking Profits': Gary Black On Trimming Tesla Position In November
Friday, March 7, 2025 - 6:01am | 444The Future Fund Managing Partner Gary Black on Thursday hit back at Tesla Inc. (NASDAQ:TSLA) bulls who criticized him for trimming the company’s holdings in mid-November. What Happened: “No one ever went broke by taking profits,” Black said. The fund manager trimmed his holdings...
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Gary Black Says Walgreens Is A Company That 'Shouldn't Be Public,' Cites Largest Shareholder's Role In $10 Billion Sycamore Deal
Friday, March 7, 2025 - 4:28am | 601Walgreens Boots Alliance Inc (NASDAQ:WBA) has entered into a definitive agreement to be taken private by Sycamore Partners in a deal valued at $10 billion, the company announced Thursday. The transaction, unanimously approved by Walgreens’ board, offers shareholders $11.45 per share in cash...
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Broadcom Shares Jump 13% In After-Hours Trading On Strong AI Results — Gary Black Says, 'This Should Help AI Stocks Tomorrow
Thursday, March 6, 2025 - 10:17pm | 706Broadcom Inc. (NASDAQ:AVGO) shares jumped 12.82% in after-hours trading Thursday after reporting better-than-expected first-quarter results, recovering from a 6.33% drop during regular trading hours amid a broader artificial intelligence chip selloff. What Happened: The semiconductor giant posted...
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Cava Group's FY25 Guidance Is 'Very Achievable,' Says Gary Black Despite Mixed Q4: 'Economic Model Is Powerful,' Says CFO
Wednesday, February 26, 2025 - 5:05am | 671Restaurant chain owner CAVA Group Inc. (NYSE:CAVA) reported a mixed fourth quarter and issued conservative guidance for the next fiscal year. While its shares fell over 4.7%, this analyst said that he expects a recovery as the provided guidance was “very achievable”. What Happened:...
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Gary Black Questions Lucid CEO Peter Rawlinson's Exit As Stock Jumps Nearly 10% In After Hours Trading: 'Highly Unusual'
Tuesday, February 25, 2025 - 10:45pm | 590Lucid Group Inc. (NASDAQ:LCID) shares surged nearly 10% in after-hours trading Tuesday following the electric vehicle maker’s announcement of ambitious 2025 production targets and the unexpected departure of its founder and CEO. What Happened: The luxury EV manufacturer projected production...