Investment strategy
These stocks are overbought with S&P 500 near record highs and are vulnerable to pullback
Stocks such as eBay and Intel are among Wall Street’s most overbought names this week and could see a pullback ahead, according to one popular technical metric. Each of the three major U.S. indexes hit all-time highs this week. The records followed improved investor sentiment after fresh consumer inflation data supported hopes for an interest […]
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UnitedHealth shares jump the most in 5 years after Buffett’s new stake is revealed
UnitedHealth Group Inc. signage on the floor of the New York Stock Exchange on April 21, 2025. Michael Nagle | Bloomberg | Getty Images Stock Chart IconStock chart icon UnitedHealth Friday Shares of UnitedHealth were down nearly 50% for 2025 through Thursday’s close before Buffett’s filing. The largest private health insurer has become the face […]
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Paramount has become a ‘playpen for momentum goons’ riding UFC deal, short squeeze, says analyst
Paramount Skydance shares have quickly turned into the mecca for momentum-driven retail traders who piled into the stock on hype around UFC matches, according to Don Bilson, head of event-driven research at Gordon Haskett. The stock with the ticker PSKY started trading last Friday after Paramount Global’s merger with Skydance Media finalized. On Wednesday, six […]
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Bitcoin touches record, ether almost makes new high before rolling over
Ether and bitcoin. Yuriko Nakao | Getty Images Bitcoin hit a new record late Wednesday as ether climbed even closer to its all-time high. The flagship cryptocurrency rose as high as $124,496, surpassing its July record of 123,193.63, according to Coin Metrics. Ether rose to $4,791.19 overnight, edging closer to its 2021 record of $4,866.01. […]
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Shares of Bullish soar in NYSE debut after crypto exchange prices IPO above expected range
Shares of crypto exchange Bullish soared Wednesday after the cryptocurrency exchange raised about $1.1 billion in an initial public offering. The stock opened at $90 on the New York Stock Exchange, 143% above its IPO price of $37. At one point, it rose as high as $118 before closing at $68, a gain of more than […]
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Warren Buffett’s secret stock could be revealed imminently. What it could be
Warren Buffett’s Berkshire Hathaway has been building a secret stock position with special confidential treatment for two quarters in a row. The mystery name could be revealed Thursday when the conglomerate releases its 13F filing. Berkshire’s second-quarter earnings report showed a $2.8 billion increase in cost basis to “commercial, industrial and other” equities, after a […]
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Odds of Trump tapping David Zervos for Fed chief jump on Kalshi after CNBC report
Key Points Users on prediction market Kalshi are upping their bets that Jefferies Chief Market Strategist David Zervos will become the next Federal Reserve chair. The move comes after sources told CNBC that President Donald Trump is considering 11 candidates to succeed current Fed Chair Jerome Powell once his term is up. Source
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Ether nears 2021 record high as money pours into ETFs, bullish forecasts abound
Key Points Ether at one point Wednesday traded as high as $4,714.02, putting it less than $200 away from its November 2021 all-time high. Inflows into ether ETFs are up to $1.5 billion so far this week, compared to $244 million into bitcoin ETFs. Standard Chartered raised its price target on ETH to $7,500 by […]
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BlackRock’s Rick Rieder says CPI gives Fed justification for a half-point cut in September
Rick Rieder, BlackRock’s chief investment officer for global fixed income, is sticking with his call for a jumbo rate cut from the Federal Reserve next month after new inflation data showed less-than-expected price pressures. “We expect the Fed to begin cutting rates in September, and it could be justified cutting the Funds rate by 50 basis […]
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Circle shares rise as second-quarter revenue jumps 53% on strong stablecoin growth
A banner for Circle Internet Group, the issuer of one of the world’s biggest stablecoins, hangs on the front of the New York Stock Exchange (NYSE) to celebrate the company’s IPO in New York City, U.S., June 5, 2025. Brendan McDermid | Reuters Circle Internet Group shares jumped Tuesday after reporting its first quarterly earnings […]
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