Citigroup picks high-yield stocks to play China as tariffs loom on the horizon
Finance
Venezuela bonds are the hottest trade on Wall Street this week. But there are big risks from here
Key Points Prices on Venezuela’s benchmark notes due in October 2026 have surged to about 43 cents on the dollar, more than doubling since August. Investors are betting that a faster-than-expected political transition along with a clearer path to asset recovery could unlock value that has been frozen for nearly a decade. Some believe the […]
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Finance
Stocks making the biggest moves premarket: Vistra, Onestream, Microchip Technology & more
Check out the companies making headlines before the bell: Nvidia — The chip stock rose 0.5% after the company unveiled new autonomous vehicle software at CES, the global tech conference. Vistra — Shares rose 4.7% after the electricity generation company said it agreed to acquire Cogentrix Energy for roughly $4 billion. Microchip Technology — The […]
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Finance
Michael Burry’s big play off the U.S.-Venezuela situation, which the investor has held for years
Key Points Michael Burry, known for “The Big Short,” said he has owned Valero Energy since 2020. He views the position as being increasingly attractive as the U.S. prepares to take a role in reviving Venezuela’s oil industry. The investor’s comments come after President Donald Trump called on U.S. oil companies to invest in Venezuela […]
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