News

This semi name just hit a fresh all-time high. Why its stock market dominance could last

Nvidia's advantage in the artificial intelligence chip space may be in its early innings, according to VanEck CEO Jan van Eck.

NYCB woes reignite fears about shaky banks as anniversary of March crisis nears

Investors have worried that commercial real estate losses could trigger more turmoil after deposit runs consumed Silicon Valley Bank and Signature last March.

Hedge fund billionaire Bill Ackman to launch a NYSE-listed fund for regular investors

Pershing Square's Ackman will offer a new investment vehicle listed on the New York Stock Exchange, aiming to leverage his following among retail investors.

Fed's Neel Kashkari expects only two or three interest rate cuts this year

"Sitting here today, I would say, two or three cuts would seem to be appropriate for me right now," he said during a CNBC "Squawk Box" interview.

NYCB shares whipsaw after Moody's downgrades bank's credit rating to junk

NYCB has been in freefall since reporting a surprise loss last week, along with mounting losses on commercial real estate and the need to slash its dividend.

Clocktower's chief strategist says Chinese stocks will likely rally 10% to 15% from here

Chinese stocks will likely climb by at least 10% as authorities signal concerted support efforts, said Marko Papic, chief strategist at Clocktower Group.

Lawson shares surge 18% after Japan's KDDI launches $3.4 billion privatization offer

The telecom operator plans to acquire a 50% stake in Lawson, taking it private with trading house Mitsubishi Corp, which owns the other 50%.

How to reduce — or avoid — airline fees for checked bags

The typical U.S. airline charges about $30 or $35 for a checked bag, experts said. Here are some luggage strategies for travelers to consider.

UBS beats earnings expectations, announces up to $1 billion share buyback

Swiss banking giant UBS on Tuesday narrowly beat fourth-quarter earnings expectations and announced that it would recommence share buybacks worth $1 billion in the second half of the year.

Ken Griffin’s Citadel hedge fund rose 1.9% in January as volatility ramped up

Citadel's multistrategy flagship Wellington fund climbed 1.9% in January, following a 15.3% gain last year.

Fed's Kashkari backs sentiment that policymakers can take their time cutting interest rates

Kashkari said economic developments have shown that Fed policy is not as restrictive on growth as it appears on the surface.

Stock market in a 'very dangerous' position as jobs and wages run hot, fund manager says

The U.S. stock market is in a "very dangerous" spot as strong jobs numbers suggest the Federal Reserve's interest rate hikes have not had the desired effect, says Cole Smead.
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