Investment strategy
Economist Nouriel Roubini: Trump is likely to escalate the Iran war — risking ‘1970s stagflation’
U.S. President Donald Trump is likely to escalate the war with Iran, risking “1970s stagflation” if it does not go as planned, renowned economist and investor Nouriel Roubini told CNBC. Speaking to CNBC’s Carolin Roth at the Ambrosetti Forum in Cernobbio, Italy on Friday, Roubini — best known for predicting the 2008 Global Financial Crisis […]
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Apple expands U.S. manufacturing pledge, putting a third portfolio name under its umbrella
Apple is widening its push to expand manufacturing in the United States, adding several new partners, including Qnity Electronics , to the mix. It is a win-win for both Club companies and their investors. Apple on Thursday announced that chip-materials maker Qnity — along with Face ID component supplier Cirrus Logic , and sensor makers […]
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The research firm whose AI paper knocked the whole stock market is out with another big call
Key Points Citrini Research, the firm that issued a market-shaking bearish call on artificial intelligence earlier this year, is now warning that an oil-driven slowdown could drag down stocks. “If the war doesn’t end, equities will go lower,” Citrini founder James van Geelen wrote in a new Substack post. Even if the conflict in the […]
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Former SEC chair Jay Clayton says regulators would scrutinize trading ahead of Trump post
Key Points Volume in S&P 500 and oil futures spiked on Monday roughly 15 minutes before President Donald Trump said the U.S. and Iran held talks over the weekend and that strikes on Iranian infrastructure would be halted. “Any move like that in advance of any announcement, the regulators are going to look at,” Jay […]
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OpenAI raises additional money to bring record funding round to $120 billion, CFO tells Cramer
OpenAI is raising an additional $10 billion from investors as part of its historic funding round, CFO Sarah Friar told CNBC’s Jim Cramer on Tuesday. The fresh capital brings OpenAI’s record fundraise to “north of $120 billion,” Friar said in an interview on “Mad Money.” That well exceeds the ChatGPT creator’s initial target of $100 […]
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