Trade optimism lifts stocks
Janney Montgomery Scott CIO Mark Luschini on the impact of Trump administration trade talks with China and the partial government shutdown on the U.S. markets.
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Finance expert Suze Orman has voiced concerns about the impact of climate change on property insurance costs, asserting it could threaten the American dream of homeownership. Orman, 72, faced a $28,000 annual insurance quote for her Florida oceanside condo, leading her to forego coverage entirely. She highlights a troubling trend where soaring insurance costs driven by frequent and severe weather events may deter Americans from buying homes. Don't Miss: For many first-time buyers, a house is abo
Benzinga•Cathie Wood's Ark Empire Bleeds As Investor Outflows Spike: 'The Loyal Shareholders Have Become Frustrated'
In early 2021, Ark Invest, led by tech investor Cathie Wood, managed a staggering $59 billion across six funds, making it the world’s largest active ETF manager. Three years later, a significant 80% downturn occurred, with assets under management in those funds plummeting to just $11.1 billion. This decline can be attributed to a combination of factors, including high interest rates dampening Wood’s long-term speculative tech investments and the subsequent wave of outflows from disillusioned inv
Benzinga•Vertiv Spikes On Earnings, Orders. It's A Good Sign For These AI Stocks.
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Investor's Business Daily•JPMorgan’s ‘Bloody Friday’: Why Several Top Financial Advisors Jumped Ship the Same Day
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Barrons.com•Forget Bank of America; Buy This Magnificent Bank Stock Instead
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Motley Fool•The IRS says it’s going after wealthy tax cheats. Here’s what new audit stats show.
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MarketWatch•On a crucial earnings call, Musk reminds the world Tesla is a tech company. ‘Even if I’m kidnapped by aliens tomorrow, Tesla will solve autonomy’
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Motley Fool•Russian court orders seizure of JPMorgan Chase funds in VTB lawsuit
A Russian court has ordered the seizure of funds in JPMorgan Chase bank accounts in Russia, court filings showed on Wednesday, in a lawsuit filed by state-owned bank VTB as it seeks to regain funds blocked abroad. JP Morgan Chase last week sued VTB in New York to halt its efforts to recover $439.5 million from an account that was blocked after Russia despatched its army to Ukraine in 2022 and VTB was hit with sanctions.
Reuters•History Says the Nasdaq Could Soar: 2 Top Growth Stocks to Buy Now and Hold for the Bull Market
The Nasdaq Composite has returned an average of 215% during bull markets since 1990.
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