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Warren Buffett Skips Big Banks Like JPMorgan and Wells Fargo, Bets $459 Million On This One Asset
Sunday, July 6, 2025 - 12:45pm | 456Billionaire investor Warren Buffett has shifted his investment strategy, investing $459 million in Sirius XM (NASDAQ:SIRI) after selling his stakes in Bank of America (NYSE:BAC), JPMorgan Chase (NYSE:JPM), and Wells Fargo (NYSE:WFC). What Happened: Buffett’s investment firm,...
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Dan Ives Says Iran-Israel Ceasefire Could Be 'Most Bullish Outcome' Yet For Wall Street Even As Both Sides Break Truce
Tuesday, June 24, 2025 - 8:03am | 724Daniel Ives, the managing director at Wedbush Securities and a Wall Street veteran, labeled the reported ceasefire between Iran and Israel as “the most bullish outcome” for U.S. markets. What Happened: In an X post, Dan Ives predicted a rally in U.S. stocks once trading resumes Tuesday...
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Coinbase Eyes SEC Nod For Blockchain-Based Stocks— Legal Head Paul Grewal Says It's A 'Huge Priority'
Wednesday, June 18, 2025 - 12:52am | 710Cryptocurrency behemoth Coinbase Global Inc. (NASDAQ:COIN) is seeking the SEC’s approval to offer “tokenized equities” to its customers, according to a report on Tuesday. What Happened: Paul Grewal, the chief legal officer of Coinbase, said in a Reuters...
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Stock Market Is Pricing A Never-Before-Seen 'Divergence' As Equities And Bonds 'Run It Hot' Amid Gloomy Outlook By Bottom-Up Analysts
Wednesday, May 28, 2025 - 8:28am | 812The financial markets are signaling a remarkably bullish outlook, with both stock and bond markets fully embracing a “run it hot” trade. However, this aggressive market pricing stands in stark contrast to the pessimistic views held by bottom-up analysts, companies, and economists,...
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Wall Street Poised To Open Higher After S&P 500's 4-Day Run: 'Sounds Like Powell Is Expecting More Frequent Bouts Of Stagflation,' Cautions Expert (CORRECTED)
Friday, May 16, 2025 - 8:13am | 1758Editor’s Note: This article has been updated to reflect the correct 2-year Treasury bond yield of 3.95%. U.S. stock futures advanced on Friday after a mixed close on Thursday. Futures of major benchmark indices were trading higher in premarket. The S&P 500 index recorded its fourth day of...
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Bitcoin, Gold Shine In April While Stocks, Oil Suffer— Mohamed El-Erian Flags Diverging Market Trends
Thursday, May 1, 2025 - 4:00am | 633Economist Mohamed A. El-Erian on Wednesday highlighted gains for Bitcoin (CRYPTO: BTC) and gold in April, contrasting with the declines in the stock market What Happened: El-Erian, the Chief Economic Advisor at Allianz, took to X detailing the year-to-date performance of major asset classes....
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Wall Street Veteran Sounds Alarm On 'Never Before' Seen Market Trio: Falling Stocks, Surging Long Yields, Sinking Short Rates
Tuesday, April 22, 2025 - 8:43am | 801This ace institutional investor — a former head of research at Nomura and Bridgewater Associates and served as a managing director at Goldman Sachs — says he has “never before observed” the trio of falling equities, rising long-term Treasury yields, and declining short-term yields. What...
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Dave Ramsey Caller Asks If They Should Stop Contributing During Market Collapse — 'Ten Years From Now You Won't Even Remember This Crap'
Tuesday, April 8, 2025 - 6:13am | 760After a volatile Monday on Wall Street, stock futures improved in after-hours trading, offering a break after a day of intense whiplash. The Dow, S&P 500, and Nasdaq-100 futures each rose more than 1%, recovering from previous chaos sparked by reinvigorated U.S.-China trade tensions. A morning...
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Billionaire Investor Ron Baron Reacts To Nasdaq, S&P Selloff: 'The Stock Prices...Can't Believe How Cheap They Are'
Tuesday, March 11, 2025 - 9:02am | 661Billionaire investor and the founder of Baron Capital, Ronald S. Baron acknowledged how “unsettled” investors were amid the ongoing market correction and highlighted the inexpensive stocks on Tuesday. What Happened: The Tesla Inc. (NASDAQ:TSLA) bull, popularly known as Ron Baron,...
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Spot Gold, GLD Gold ETF, Or Gold-Backed Cryptos: Which Was A Better Investment In February Amid A Downturn In Stocks And Bitcoin?
Saturday, March 1, 2025 - 8:00am | 488Risk-on markets plummeted in February thanks to global trepidation fueled by President Donald Trump's tariff war. Consequently, demand for safe haven assets increased, sending gold-related investments higher. What happened: Blue-chip indexes like the Nasdaq Composite and the S&P 500 slid 2.93%...
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Tom Lee Says February Not 'Looking Great' For Bitcoin But Stocks Look Ripe For Picking Amid Trump Tariff Sell-Off
Monday, February 3, 2025 - 10:44pm | 493Renowned market strategist Tom Lee on Monday recommended buying stocks amid the recent market sell-off triggered by President Donald Trump’s tariffs but advised caution for Bitcoin (CRYPTO: BTC). What Happened: Lee, managing partner and head of research at Fundstrat Global Advisors...
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Trump's Deregulation Efforts To Benefit Energy, Oil And Gas Sectors, While AI Frenzy Will Boost FAANG Stocks And Nvidia, Says Fintech Insider
Monday, December 9, 2024 - 4:32am | 908President-elect Donald Trump‘s victory has fueled a rally in equities. This is likely to sustain as the administration plans on “tax cuts and deregulation will lead to higher corporate earnings,” said Yogesh Kansal, chief business officer at fintech company, Appreciate. He added...
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Rigetti Computing Skyrockets To Record High As Investor Confidence Soars
Sunday, December 8, 2024 - 2:45pm | 420The stock of Rigetti Computing Inc. (NASDAQ:RGTI) has hit a new 52-week high, reaching $3.67. This represents an impressive 237.14% increase over the past year, indicating a surge in investor confidence in the company’s future. What Happened: According to data from Benzinga Pro,...
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Veteran Trader Warns Against 'Aggressive Long' Positions On Bitcoin, Equities Amid Market Volatility
Friday, December 6, 2024 - 6:08am | 636Seasoned trader and analyst Jason Shapiro reflected on Thursday’s sharp pullback in Bitcoin (CRYPTO: BTC) and the stock market, warning against going “aggressively long” on risk-on assets until year-end. What Happened: In a video posted on his official YouTube channel, Shapiro...
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Mohamed El-Erian Says November Was 'Strongest Month' Of The Year For Bitcoin As Top Crypto's YTD Gains Dominate Gold
Sunday, December 1, 2024 - 10:44pm | 649Influential Economist Mohamed El-Erian highlighted the strong performance of cryptocurrencies and equities in November while emphasizing losses in the gold and oil markets. What Happened: El-Erian, who is the Chief Economic Advisor at Allianz, took to X Saturday to showcase the year-to-date...