Investment strategy
David Einhorn to speak as the priciest market in decades gets even pricier postelection
Delivering Alpha David Einhorn to speak as the priciest market in decades gets even pricier postelection Published Tue, Nov 12 20243:14 PM ESTUpdated 2 Hours Ago Yun Li@YunLi626 WATCH LIVE Source
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One week later – A look at the Trump trades gaining momentum and those that are fading
It’s a good time to check in on how the ‘Trump trade’ is doing. The stock market rallied to fresh records after Donald Trump was declared the next U.S. president, with investors betting that his vow to cut taxes and loosen regulation weill foster dealmaking, stimulate the economy and support risk assets. The S & […]
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Watch out: These tech stocks have heavy manufacturing exposure to China, Citi warns
Tech companies that source a large part of their supplies from China could suffer under a second Trump term, according to Citi. With Donald Trump winning his reelection bid last week, U.S.-China trade tensions are anticipated to ramp up. During his campaign, Trump proposed a universal tariff of up to 20% on all imports and […]
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Bitcoin is closing in on $90,000 for the first time ever
Bitcoin was trading just shy of $90,000 Monday night after breaching $80,000 just a day earlier. The flagship cryptocurrency was last higher by 12% at $89,100, according to Coin Metrics. Earlier Monday, it rose as high as $89,623.00. Its price is expected by many investors to continue making fresh records on its way up to […]
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The stock market is about to do something extremely rare in its history
The S & P 500 is on pace to deliver a second straight year of gains above 20%. Historical data shows how uncommon that really is. After last week’s postelection rally, the S & P 500 is now up by about 26% on the year. That comes after the broad index climbed more than 24% […]
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Who Trump picks to fight his trade battles is apparently important to financial markets
Chatter that President-elect Donald Trump could appoint former U.S. Trade Representative Robert Lighthizer to oversee trade policy is moving markets, from the dollar on currency exchanges to stocks that would be sensitive to tariffs. During Trump’s first term as president, Lighthizer was central to his protectionist policy and was in the U.S. trade representative role […]
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What’s behind Salesforce’s record highs — plus, a possible stock to buy after this week’s earnings
Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Monday’s key moments. 1. The S & P 500 edged higher Monday, extending Friday’s postelection all-time highs. The tech-heavy Nasdaq was basically flat. Club chip names Advanced Micro Devices , Broadcom , and […]
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Wedbush’s Dan Ives raises Tesla price target to $400, says Trump win is a ‘gamechanger’
Shares of Tesla are set to soar under a second Trump presidency, according to widely followed analyst Dan Ives of Wedbush. Ives reiterated his outperform rating and hiked his 12-month price target for the electric vehicle manufacturer to $400 from $300. This new forecast signals about 25% upside from Friday’s close. Ives cited Donald Trump’s […]
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Trump is the most pro-stock market president in history, Wharton’s Jeremy Siegel says
watch now VIDEO7:0107:01 President-elect Trump is the most pro-stock market president in history: Wharton’s Jeremy Siegel Squawk Box The stock market could enjoy a bigger boost from President-elect Donald Trump than any previous administration thanks to his pro-business policies, according to Jeremy Siegel, finance professor at the Wharton School of the University of Pennsylvania. “President-elect Trump […]
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Bitcoin tops $82,000 as crypto euphoria over Trump win shows no sign of waning
Budrul Chukrut | SOPA Images | Lightrocket | Getty Images Bitcoin hit another high on Monday, as the rally in cryptocurrencies continued following Donald Trump’s election win. By 5:30 a.m. ET, bitcoin was trading 3.6% higher at $82,171, according to Coin Metrics. It comes after the flagship cryptocurrency touched $80,000 on Sunday for the first […]
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