Breaking News: Investing
Goldman Sachs acquires ETF firm for $2 billion in latest deal to bolster asset management division
David Solomon, chief executive officer of Goldman Sachs. Bloomberg | Bloomberg | Getty Images Goldmans Sachs on Monday said it agreed to buy Innovator Capital Management, a provider of defined-outcome ETFs, for about $2 billion in its latest deal to bolster the firm’s asset management division. Goldman said the acquisition, expected to close in the […]
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‘Green light’ away from AI trade: Two ETF executives see a key market shift underway
ETF Edge ‘Green light’ away from AI trade: Two ETF executives see a key market shift underway Published Thu, Nov 27 20254:00 PM EST Krysta Escobar WATCH LIVE Source
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Nvidia name-checks Michael Burry in secret memo pushing back on AI bubble allegations
watch now VIDEO3:0903:09 Why investor Michael Burry is shorting AI leaders like Nvidia and Palantir News Videos The fight between Nvidia and one of its loudest naysayers, investor Michael Burry, is escalating. Following the “Big Short” investor’s series of social media posts arguing that the artificial intelligence investment boom is replaying the dotcom bubble from […]
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Michael Burry’s next ‘Big Short’: An inside look at his analysis showing AI is a bubble
watch now VIDEO3:0903:09 Why investor Michael Burry is shorting AI leaders like Nvidia and Palantir News Videos Michael Burry — the investor known for predicting the housing meltdown ahead of 2008 — has turned his attention to one of the market’s most beloved themes: artificial intelligence. Burry recently deregistered his hedge-fund firm, Scion Asset Management, […]
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Down but not out: India’s $33 billion defense production ambition is on track. Here are the stocks that stand to gain
Despite the recent crash of an India-made Tejas fighter jet at an airshow in Dubai, investors are bullish on New Delhi’s defense ambitions as the country seeks to double its military production to 3 trillion rupees (about $33 billion) by 2029 . It also aims to raise its defense exports to 500 billion rupees by […]
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Michael Burry launches newsletter to lay out his AI bubble views after deregistering hedge fund
Michael Burry attends the New York premiere of “The Big Short” at the Ziegfeld Theater in New York City on Nov. 23, 2015. Jim Spellman | WireImage | Getty Images Michael Burry, the investor who shot to fame for calling the housing crash before 2008, has launched a Substack newsletter after deregistering his hedge fund, […]
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Dow futures rise 200 points as market attempts rebound into the holiday week: Live updates
A trader works on the floor of the New York Stock Exchange on Aug. 4, 2022. Source: NYSE Stock futures climbed in overnight trading Sunday as the market seeks to rebound into the Thanksgiving holiday week after a slide that’s knocked the air out of this year’s AI bull run. Futures on the Dow Jones […]
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Top Wall Street analysts favor these 3 stocks for solid upside potential
Concerns about the steep valuations of artificial intelligence (AI) stocks and a questionable outlook for an interest rate cut in December weighed on investor sentiment in recent trading sessions. For now, however, Nvidia‘s solid earnings last week seemed to undermine the idea that everything tied to AI investment is in a bubble. Investors looking to […]
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New IRS reporting requirements will make a classic crypto ‘tax cheat’ risky starting with 2025 return
With year-end approaching, it’s a good time to make sure your tax house is in order. It’s especially important for crypto investors, given a new IRS brokerage reporting requirement covering transactions after Jan. 1, 2025. The IRS generally treats crypto like property, similar to stocks or real estate, so selling crypto can trigger a capital […]
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Robinhood shares head for brutal weekly loss as bitcoin, AI stocks are hit hard
Omar Marques | Lightrocket | Getty Images Robinhood shares are heading for a brutal weekly loss as the once-red-hot trades in bitcoin and AI stocks that powered its growth lose momentum. The popular brokerage platform slipped more than 3% Friday, extending a punishing decline. The stock tumbled 10.1% in the prior session and is now […]
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