Breaking News: Investing

DoubleLine’s Gundlach sees more risk coming along with greater chance of recession
Jeffrey Gundlach speaking at the 2019 SOHN Conference in New York on May 5, 2019. Adam Jeffery | CNBC DoubleLine Capital CEO Jeffrey Gundlach said Thursday there could be another painful period of volatility on the horizon as the fixed income guru sees heighted risk of a recession. “I believe that investors should have already upgraded their […]
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Danny Moses of ‘The Big Short’ says the market is underestimating DOGE’s negative impact on the economy
Investor Danny Moses, who made a killing betting against mortgage-backed debt before the 2008 crash, said Thursday the market is mistakenly failing to discount the negative effect from federal spending cuts spearheaded by the Department of Government Efficiency. “I think we are underestimating the impact to the economy of the cuts we’re making at the […]
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BlackRock’s head of digital assets says staking could be a ‘huge step change’ for ether ETFs
Omar Marques | Lightrocket | Getty Images Appetite for ether ETFs has been tepid since their launch last July, but that could change if some of the regulatory wrinkles holding them back get “resolved,” according to Robert Mitchnick, head of digital assets at BlackRock. There’s a widely held view that the success of ether ETFs […]
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U.S. households are more invested in stocks than ever and it’s distorting market valuation, says JPMorgan
American households are allocating so much money to U.S. stocks that the valuation of the whole market is now dependent on their appetite, according to JPMorgan. Individual investors have become the most important holder of U.S. equities, owning around 60% of the universe, the Wall Street firm said. This record level of ownership creates a […]
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Stagflation? Fed sees higher inflation and an economy growing by less than 2% this year
U.S. Federal Reserve Chair Jerome Powell testifies before a House Financial Services Committee hearing on “The Semiannual Monetary Policy Report to the Congress,” on Capitol Hill in Washington, D.C., U.S., February 12, 2025. Nathan Howard | Reuters Federal Reserve officials slashed their economic outlook in the latest projections released Wednesday, seeing the U.S. economy growing […]
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XRP surges after Ripple CEO Brad Garlinghouse says SEC is dropping its lawsuit against the company
A visual representation of the digital cryptocurrency XRP. S3studio | Getty Images XRP surged after Ripple CEO Brad Garlinghouse said the U.S. Securities and Exchange Commission is no longer pursuing its appeal in the case against the payments company. The price of XRP was last higher by nearly 14% at $2.57. “It’s been almost four […]
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Nvidia CEO Jensen Huang says tariff impact won’t be meaningful in the near term
Nvidia CEO Jensen Huang downplayed the negative impact from President Donald Trump’s tariffs, saying there won’t be any significant damage in the short run. “We’ve got a lot of AI to build… AI is the foundation, the operating system of every industry going forward. … We are enthusiastic about building in America,” Huang said Wednesday […]
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Buffett’s Berkshire hikes stakes in five Japanese trading houses to almost 10% each
Warren Buffett speaks during the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska, on May 4, 2024. CNBC Warren Buffett’s love for Japanese stocks grows fonder even as he increasingly sells U.S. equities. The 94-year-old investor’s Berkshire Hathaway holding company raised its holdings in five Japanese trading houses — Itochu, Marubeni, Mitsubishi, Mitsui and Sumitomo — by more […]
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