May.07 -- Equity Group Investments Chairman and founder Sam Zell says he is buying gold to hedge against inflation, which he finds to be pervasive. He says that President Biden's tax plans, if enacted as proposed, would grind the country to a halt. He joins David Westin on "Bloomberg Wall Street Week."
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.
(Bloomberg) -- Alphabet Inc.’s Google has fired 28 employees after they were involved in protests against Project Nimbus, a $1.2 billion joint contract with Amazon.com Inc. to provide the Israeli government with AI and cloud services.Most Read from BloombergDubai Grinds to Standstill as Cloud Seeding Worsens FloodingRed Lobster Considers Bankruptcy to Deal With Leases and Labor CostsTesla Asks Investors to Approve Musk’s $56 Billion Pay AgainElon Wants His Money BackBankers Hit With Millions in
Will Chinese "overproduction" of semiconductor chips swamp the market?
Dow Jones futures rose slightly 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.
Even the best stocks fall in a bear market. Here's what to do during a stock market correction to protect your portfolio.
A downbeat report from ASML dragged down other AI stocks.
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
Big Tech earnings are coming up, and Wall Street wants to know how companies are making money on their massive AI investments.