Stanley Druckenmiller piled into regional banks and made this health-care stock his biggest bet

Key Points

Billionaire investor Stanley Druckenmiller built a sizable position in regional banks and made one health-care name his biggest position last quarter.
Druckenmiller bought $115 million worth of shares in the SPDR S&P Regional Banking ETF in the third quarter, making it the firm’s seventh-biggest holding.

Source

Finance

Watch Fed Chair Jerome Powell testify live before Senate banking panel

June 25, 2025

[The stream is slated to start at 10 a.m. ET. Please refresh the page if you do not see a player above at that time.] Federal Reserve Chair Jerome Powell is back Wednesday on Capitol Hill, this time speaking to the Senate banking committee as part of his semiannual monetary policy testimony. In his remarks […]

Finance

Stocks making the biggest moves premarket: FedEx, Coinbase, Yum Brands and more

June 25, 2025

Check out the companies making headlines before the bell. Rubrik — Shares of the data management software vendor rose 1% after it agreed to buy startup Predibase , a company that helps deploy artificial intelligence models. A person familiar with the transaction said Rubrik intends to pay as much as $500 million as part of […]

Finance

China’s Li urges not to turn trade into a political or security issue

June 25, 2025

Key Points Chinese Premier Li Qiang speaking at the opening plenary of the World Economic Forum’s annual conference in China, often dubbed “Summer Davos.” Engaging in the international economy is a way of “reshaping the rules and order,” Li said. Source