Key Points
- Bill Ackman urged investors to look past macro fears and lean into what he sees as deeply discounted opportunities.
- His bullish stance comes at a time when markets have been rattled by rising energy prices and sticky inflation concerns.
Bill Ackman says it’s one of the best times in a long time to buy quality stocks
Finance
Fed Governor Miran submits resignation, throws support behind Warsh as new chair
Key Points Fed Governor Stephen Miran officially handed in his resignation letter Thursday, saying he will vacate his spot on the central bank board when or just before new Chair Kevin Warsh takes his seat. Miran has advocated for lower rates, voting against the three quarter-percentage-point reductions the FOMC approved in 2025. This year, he […]
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Finance
Some short sellers are seeing opportunity in this tech mania. How they’re spotting fake AI stocks
Key Points Some short sellers argue the AI-driven rally is beginning to resemble previous speculative manias. Weaker companies rushed to attach themselves to the hottest market theme in hopes of attracting capital and retail traders. Source
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Finance
Stocks making the biggest moves premarket: Versant, Biogen, Bullish, Cisco and more
Check out the companies making the biggest moves in premarket trading: Biogen — Shares advanced 4% after the biopharmaceutical company announced its experimental Alzheimer’s drug will advance into a phase 3 trial, despite failing to meet the main goal of the phase 2 trial. Biogen said the drug showed cognitive benefits. Versant Media Group – […]
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