Breaking News: Investing
Bank of America recommends these stocks because of their link to trends like the high-end consumer
Bank of America discussed a bunch of stocks recently that it likes for 2026, especially those leveraged to trends like the high-end consumer. The Wall Street investment bank likes positive trends emerging for names such as Visa, Penske, Ollie’s and Goldman Sachs . Penske Automotive Group Analyst Alexander Perry reinstated coverage of the auto retailer […]
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Goldman Sachs makes big bet on ETFs specializing in downside protection
ETF Edge Goldman Sachs makes big bet on ETFs specializing in downside protection Published Sat, Dec 13 202511:00 AM EST Blair Bao WATCH LIVE Source
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Hassett Fed chair odds fall, Warsh chances surge on Kalshi after Trump comments
Kevin Warsh, former governor of the US Federal Reserve, during the International Monetary Fund (IMF) and World Bank Spring meetings at the IMF headquarters in Washington, DC, US, on Friday, April 25, 2025. Tierney L. Cross | Bloomberg | Getty Images Prediction markets swung sharply Friday after President Donald Trump said Kevin Warsh has risen […]
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Trump expected to sign executive order to reclassify marijuana as soon as Monday, source tells CNBC; pot stocks surge
Stock Chart IconStock chart icon Tilray Brands, 1-day President Donald Trump is expected to issue an executive order as soon as Monday that would allow for reclassification of marijuana, a person familiar with the matter told CNBC. The person asked not to be named because they are not authorized to speak about the White House’s plans. Such […]
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VanEck turns online slang into strategy with ‘Degen Economy’ ETF
Key Points VanEck is renaming its gaming ETF (BJK) the “VanEck Degen Economy ETF.” “Degen,” short for “degenerate,” originated in gambling circles and later migrated into crypto and retail-trading communities. The change takes effect after the market close on April 8, resetting a fund launched in 2008 that has just $23 million in assets. Source
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‘Big Short’ Steve Eisman is getting worried about the AI trade
Steve Eisman of “The Big Short” fame said he is starting to worry that the artificial intelligence boom may rest on shakier ground than investors assume. “The Real Eisman Playbook” podcast host and former Neuberger Berman senior portfolio manager said he encountered a theory suggesting that as large language models continue to scale, their performance gains […]
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What DoubleLine’s Jeffrey Gundlach is betting on after the Fed decision
DoubleLine Capital CEO Jeffrey Gundlach said Wednesday he’s warming up to commodities, while doubling down on foreign investments amid dollar weakness. The widely followed investor said he recently shifted positive on broad commodities, pointing to a steady, largely overlooked rally in the asset class. “Commodities broadly have quietly started to rise,” Gundlach said. “For the […]
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Fed still forecasts just one rate cut for next year
The Federal Reserve logo is visible on the William McChesney Martin Jr. Building on December 9, 2025 in Washington, DC. Andrew Harnik | Getty Images News | Getty Images The Federal Reserve still sees just one rate cut in 2026, unchanged from its last forecast about three months ago. The central bank’s so-called dot plot, which […]
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Nvidia gets the OK from Trump to sell chips to China. Is it a reason to buy the stock?
President Donald Trump’s green light for Nvidia to sell certain chips in China still has many details to be worked out — including whether China itself will allow it — and that’s why the stock’s reaction to the long-sought-after blessing was muted on Tuesday. But Wall Street analysts mostly believed this was time to buy […]
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Fifth Third signs deal making fintech firm Brex the provider of its commercial cards
Key Points Fifth Third struck a deal with Brex to make the fintech firm the provider of its commercial cards and expense management tools for business clients. The program will run on Brex’s embedded payments platform and backed by AI tools. Fifth Third is in the process of acquiring Comerica, a deal expected to […]
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