Nvidia’s now worth as much as the entire Chinese stock market
With one going up and the other down, Nvidia is now worth as much as the entire Chinese stock market, represented by the H shares...
Why Bill Ackman thinks the economy will soon need a Fed rate cut
Stock markets are setting up for another day of gains, thanks to Fed Gov. Christopher Waller, who sparked fresh optimism that the central bank is...
A wall of debt rolling over: Here’s what’s scaring Bridgewater’s co-CIO
A weak session is setting up for Tuesday, with oil under pressure after unexpectedly downbeat China export data. So the preference is for bonds this...
U.S. corporate greed has gone too far, says Norway fund manager
“‘We think in particular in the U.S. the corporate greed has just gone too far.’” That’s the head of Norway’s $1.3 trillion sovereign wealth fund,...
This trader sees a 43% drop for the S&P 500 and says to take shelter in these ETFs instead.
Investors may have gotten overly excited this week about comments from Fed Chairman Jerome Powell. The Fed chief’s suggestion of a 50 basis point hike...
Tech layoffs approach Great Recession levels: ‘It was not sustainable or real’
The number of tech layoffs this year is nearing annual levels seen during the Great Recession, but is far from dot-com-bust territory. As technology companies...
Dow closes down 1000 points, Nasdaq falls 3.9% after Powell warns of pain to households in inflation battle
U.S. stocks tumbled Friday, with the Dow Jones Industrial Average closing down more than 1000 points for its worst daily percentage drop since May, after...
‘We did not have a plan for a country to shut down’ — Cisco stock plunges 13% as China lockdown affects supply and outlook
Cisco Systems Inc. shares plunged in the extended session Wednesday after the tech bellwether’s revenue forecast came up more than $1 billion short of Wall...