The ultimate Trump trade just hit six figures. Bitcoin passed $100,000 for the first time, bringing gains since the November election to 50%. The latest leg up came after Trump selected Paul Atkins, a pro-crypto regulator, to head the US Securities and Exchange Commission. He’ll replace Gary Gensler, who attracted the ire of crypto enthusiasts…
We recently published a list of 10 Best Extremely Profitable Stocks to Buy Now. In this article, we are going to take a look at where Super Micro Computer, Inc. (NASDAQ:SMCI) stands against other best extremely profitable stocks to buy now. Ed Yardeni, president of Yardeni Research, appeared on CNBC on November 27 to share…
We recently published a list of 10 Best Extremely Profitable Stocks to Buy Now. In this article, we are going to take a look at where NVIDIA Corporation (NASDAQ:NVDA) stands against other best extremely profitable stocks to buy now. Ed Yardeni, president of Yardeni Research, appeared on CNBC on November 27 to share insights on…
Bitcoin’s record-breaking rally took the digital asset past $89,000 and lifted the overall value of the crypto market above its pandemic-era peak as traders bet on a boom under President-elect Donald Trump. The largest token has jumped about 30% since the US election on Nov. 5 and reached an all-time high of $89,599 in early…
Stocks rose at the end of their best week in 2024 amid solid consumer sentiment data and bets that Donald Trump’s promises of tax cuts will further benefit corporations. Equities advanced for a fourth consecutive session with the S&P 500 hitting its 50th record this year. The gauge briefly topped the 6,000 mark and ultimately…
China’s quantitative hedge funds risk ending years of outperforming the market, after a surge in local stocks spurred by the government’s economic stimulus package last month beat their models and squeezed short positions. Quants’ long-only strategies trailed mainland Chinese stocks’ 22% jump by 2 percentage points in September, turning their year-to-date so-called excess return into…
India is shaping up to be a destination for investors seeking a relative shelter from financial volatility linked to the US election. A steady influx of foreign capital has positioned the nation’s bonds among top performers in developing markets this year, while the country’s stock market hit a record high last month, buoyed by robust…
(Bloomberg) — Millennium Management and Athos Capital Ltd. are among hedge funds that have lost money after the surprise collapse of a deal involving two of China’s drugmakers, said people with knowledge of the matter. Most Read from Bloomberg Izzy Englander’s Millennium had a 5.1% stake in China Traditional Chinese Medicine Holdings Co., which plunged…
We recently compiled a list of the 15 AI News Investors Should Not Miss. In this article, we are going to take a look at where Meta Platforms, Inc. (NASDAQ:META) stands against the other AI stocks investors should not miss. Artificial Intelligence developments are making headlines across various sectors. From high-profile legal battles to groundbreaking advancements…
(Bloomberg) — BlackRock Inc. reaching $450 billion in alternative assets is putting a finer point on a case it has been making all year: it’s not just an ETF powerhouse. Most Read from Bloomberg The closing of the firm’s $12.5 billion acquisition of Global Infrastructure Partners adds $116 billion in assets to the $334 billion…