The insurer was accused by a short-seller of "extensive" fraud.
People's wealth could take a huge hit as the stock market peaks after one of the longest bull markets ever, according to an investment chief.
Will Chinese "overproduction" of semiconductor chips swamp the market?
Dow Jones futures were little changed overnight, while S&P 500 futures and Nasdaq futures edged higher. Nvidia chipmaker Taiwan Semiconductor reports early Thursday, with huge implications for the chip sector.
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.
Even the best stocks fall in a bear market. Here's what to do during a stock market correction to protect your portfolio.
(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
Under pressure from falling sales and an intensifying price war for EVs, Tesla announced its latest round of jobs cuts on Monday in an internal memo that was seen by Reuters. The notice on Wednesday was issued under the Worker Adjustment and Retraining Notification (WARN) Act which requires employers to provide a 60-day notice before layoffs. Tesla has a total of 2,032 employees across the two impacted sites in Buffalo, meaning that the cuts will affect about 14% of its workers there.