A Chinese immigrant was arrested Sunday on five counts of murder in the deaths of his cousin's wife and her four children in a stabbing rampage in their Brooklyn home. The suspect, 25-year-old Ming Don Chen, implicated himself in the stabbings. (Oct. 27)
The insurer was accused by a short-seller of "extensive" fraud.
Will Chinese "overproduction" of semiconductor chips swamp the market?
Dow Jones futures edged higher overnight, along with S&P 500 futures and Nasdaq futures. Nvidia chipmaker Taiwan Semiconductor reports early Thursday, with huge implications for the chip sector. The stock market rally opened slightly higher but once again quickly headed lower, with the Nasdaq leading the retreat.
Investors rarely get a chance to buy growth stocks at such depressed valuations.
Raoul Pal has an extensive background in financial markets. He has served as head of European hedge fund sales for equities at Goldman Sachs and a portfolio manager at a hedge fund. More recently, he started his own crypto hedge fund, investment research firm and financial knowledge platform. His opinion on crypto is valued around the world, and he is constantly sending out market insights to his 1 million followers on X. Pal considered many factors to arrive at his prediction that Bitcoin will
With strong demand and AI partnerships with Google in hand, Nvidia stock shows resilience and etches a potential breakout.
(Bloomberg) -- This was supposed to be the year that US inflation rode the last mile down to 2%, letting the Federal Reserve steadily reduce interest rates from a two-decade high. Now those expectations have been dashed.Most Read from BloombergDubai Grinds to Standstill as Cloud Seeding Worsens FloodingTesla Asks Investors to Approve Musk’s $56 Billion Pay AgainRed Lobster Considers Bankruptcy to Deal With Leases and Labor CostsBankers Hit With Millions in Breakup Fees for Ditching New JobsChina
Even the best stocks fall in a bear market. Here's what to do during a stock market correction to protect your portfolio.
(Bloomberg) -- Canada will raise capital gains taxes on businesses and wealthy individuals to help pay for tens of billions in new spending aimed at making housing more affordable and improving the lives of young people.Most Read from BloombergDubai Grinds to Standstill as Cloud Seeding Worsens FloodingChina Tells Iran Cooperation Will Last After Attack on IsraelWhat If Fed Rate Hikes Are Actually Sparking US Economic Boom?Powell Signals Rate-Cut Delay After Run of Inflation SurprisesRed Lobster
Trump Media & Technology Group stock rose, recouping some recent losses after the Truth Social parent disclosed plans to launch a streaming network.