Month: March 2025
DoubleLine’s Gundlach sees more risk coming along with greater chance of recession
Jeffrey Gundlach speaking at the 2019 SOHN Conference in New York on May 5, 2019. Adam Jeffery | CNBC DoubleLine Capital CEO Jeffrey Gundlach said Thursday there could be another painful period of volatility on the horizon as the fixed income guru sees heighted risk of a recession. “I believe that investors should have already upgraded their […]
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Wall Street is betting on the rest of the world in Trump 2.0
President Donald Trump’ s “America First” policies are having the unintended consequence of making the rest of the world suddenly attractive to investors. International stocks outside the U.S. are outperforming in a way they haven’t in years, with the iShares MSCI Emerging Markets ETF (EEM) and the iShares MSCI EAFE ETF (EFA) rallying more than […]
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Danny Moses of ‘The Big Short’ says the market is underestimating DOGE’s negative impact on the economy
Investor Danny Moses, who made a killing betting against mortgage-backed debt before the 2008 crash, said Thursday the market is mistakenly failing to discount the negative effect from federal spending cuts spearheaded by the Department of Government Efficiency. “I think we are underestimating the impact to the economy of the cuts we’re making at the […]
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Tariffs are ‘simply inflationary,’ economist says: Here’s how they fuel higher prices
Key Points Tariffs are expected to raise the U.S. inflation rate in 2025, Federal Reserve chair Jerome Powell said Wednesday. U.S. businesses pass tariff costs on to consumers, both directly and indirectly, economists said. An increase in the inflation rate may be relatively short-lived, if tariffs amount to a one-time price increase, economists said. Source
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Abu Dhabi’s ADQ and American private equity firm ECP make $25 billion bet on powering U.S. data centers
A car drives past a building of the Digital Reality Data Center in Ashburn, Virginia, U.S., March 17, 2025. Leah Millis | Reuters Sovereign wealth fund ADQ and American private equity firm Energy Capital Partners, or ECP, have signed a deal for a $25 billion investment partnership dedicated to increasing power generation, primarily in the […]
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Nvidia CEO Huang says he was wrong about timeline for quantum, surprised his comments hurt stocks
Nvidia CEO Jensen Huang interviews executives from quantum computing firms at Nvidia’s annual developer conference in San Jose, California, U.S., March 20, 2025. Stephen Nellis | Reuters Nvidia CEO Jensen Huang on Thursday walked back comments he made in January, when he cast doubt on whether useful quantum computers would hit the market in the […]
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S&P 500 seesaws as benchmark tries to continue comeback from monthlong rout: Live updates
Traders work on the floor at the New York Stock Exchange on March 20, 2025. Brendan McDermid | Reuters The S&P 500 fell on Thursday as the index attempted to build on the previous session’s strong gains, while some solid housing data assuaged some concerns about the U.S. economy falling into a recession. The S&P […]
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Stocks making the biggest moves midday: Meta Platforms, Jabil, ProAssurance, Carvana & more
Check out the companies making headlines in midday trading. Accenture — Shares dropped 7% after the consulting giant reported lackluster fiscal second-quarter results. The company earned $2.82 per share on revenue of $16.66 billion. Analysts polled by FactSet expected a profit of $2.81 per share on revenue of $16.62 billion. Jabil — The electronics manufacturer […]
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2 portfolio stocks that should benefit from a boost in spending by older Americans
Home Depot and GE Healthcare are companies Mizuho believes will get a boost from an aging American population. Source
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BlackRock’s head of digital assets says staking could be a ‘huge step change’ for ether ETFs
Omar Marques | Lightrocket | Getty Images Appetite for ether ETFs has been tepid since their launch last July, but that could change if some of the regulatory wrinkles holding them back get “resolved,” according to Robert Mitchnick, head of digital assets at BlackRock. There’s a widely held view that the success of ether ETFs […]
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