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

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

Capital One is buying startup Brex for .15 billion in credit card firm’s latest deal
Finance

Capital One is buying startup Brex for $5.15 billion in credit card firm’s latest deal

In this article COF Follow your favorite stocksCREATE FREE ACCOUNT Brex co-founders Pedro Franceschi and Henrique Dubugras. Brex Capital One said Thursday that it was acquiring startup Brex for $5.15 billion, the latest splashy deal undertaken by CEO Richard Fairbank. The firm, which disclosed the deal in its fourth-quarter earnings statement, said it would pay […]

Read More
Retail traders keep their hot streak going, buying Tuesday’s dip while Wall Street drove ‘Sell America’ trade
Finance

Retail traders keep their hot streak going, buying Tuesday’s dip while Wall Street drove ‘Sell America’ trade

Retail traders leaned on their 2025 playbook and bought the dip this week as market volatility surged. Stocks posted their worst day since October on Tuesday after President Trump threatened to take over Greenland and announced tariffs on eight European nations that opposed him. But the market rebounded on Wednesday after Trump announced a “framework” […]

Read More
Rieder odds rising for Fed chair after Trump calls BlackRock executive ‘very impressive’
Finance

Rieder odds rising for Fed chair after Trump calls BlackRock executive ‘very impressive’

Key Points BlackRock fixed income chief Rick Rieder’s star is rising as a potential Federal Reserve chair following flattering remarks Wednesday from President Donald Trump. Traders on the Kalshi predictions market raised the odds for Rieder getting the nomination to 33%, about double where they were at the beginning of the week. Source

Read More