Articles

Tesla is new pick for Daniel Loeb’s Third Point, as hedge fund ditches Uber

Out with Uber, in with Tesla for Daniel Loeb’s Third Point.

Warren Buffett’s new bets on Domino’s and Pool Corp. send those stocks climbing

Berkshire Hathaway initiated these new positions during the third quarter even as it cut back its holdings of big names like Apple and Bank of America.

AST SpaceMobile stock slides after Q3 loss widens

Shares of AST SpaceMobile Inc. fell in extended trading Thursday after the space-based broadband company’s third-quarter loss widened.

Boeing was a buy for Soros fund, but Tepper’s Appaloosa just dumped it

David Tepper’s Appaloosa and Soros Fund Management diverge on Boeing Co., securities filings late Thursday show.

Vaccine-maker stocks like Moderna, Pfizer drop as Trump picks RFK Jr. to lead HHS

Shares of vaccine makers lost ground Thursday, hit by news that President-elect Donald Trump was naming vaccine skeptic and former presidential hopeful Robert F. Kennedy Jr. as his pick to lead the U.S. Department of Health and Human Services.

Michael Burry added to bets on Chinese stocks last quarter — but there’s a catch

Michael Burry, the hedge-fund investor made famous by Michael Lewis’s book “The Big Short,” upped his bets on Chinese stocks during the third quarter — but he’s also making sure to protect his downside.

Why gold prices skidded from record highs to a losing streak in just two weeks

Gold went from setting records to a tough November losing streak. Here’s what changed.

Powell says Fed doesn’t need to hurry to cut interest rates

Federal Reserve Chair Jerome Powell said Thursday that the economy is in a good place, with inflation on a sustainable path back to the central bank’s 2% target, and that he expects inflation to continue to come down on a “sometimes bumpy” path.

Hims & Hers’ stock tumbles on Amazon’s latest disruptive foray into healthcare

Amazon is now offering upfront pricing for virtual care for ailments such as men’s hair loss and ED.

Tesla and Rivian shares were having a good week. Concerns over the future of EV tax credits ended that.

Worries that EV tax credits may go away under the Trump administration hit a fever pitch on Thursday, dragging down the stocks.

A surging U.S. dollar is hammering emerging-market stocks and metals. Watch out.

The U.S. dollar remains an unabashed beneficiary of Donald Trump’s presidential election win — and it’s relentless rise is causing significant pain for some emerging-market assets and commodities.

When clients show signs of dementia, what should financial advisers do?

Take steps now to avoid a financial mess later.
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