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Investment News & Insights
What's moving the markets our fund managers trade — metals, currencies, and digital assets.
AMD's revenue climbs 50% and data center sales doubled, but the stock is down
AMD's Data Center unit is driving the company's growth, up 107% over last year.
The stock market soars. 5 reasons behind the big surge Tuesday
The Dow had its best day in nearly two months and the S&P 500 rose to new highs.
Michael Burry bets against rally: 'We are near a major top, and possible a 1987-type fall'
"I continue to believe it is possible we are near a major top, and possible a 1987-type fall," Burry said in a Tuesday Substack post.
Michael Burry bets against rally: 'We are near a major top, and possible a 1987-type fall'
"I continue to believe it is possible we are near a major top, and possible a 1987-type fall," Burry said in a Tuesday Substack post.
Lucid begins 'operational reset' as CEO says EV maker will delay midsize vehicle
The company didn't provide updated guidance. New CEO Silvio Napoli earlier this year suspended production expectations.
Pinterest shares fall on lukewarm sales guidance
Pinterest reported better-than-expected earnings and revenue for the second quarter, though its forecast was online in line with estimates.
U.S. Stocks Jump as Bessent Says Iran Deal May Be Days Away
U.S. stocks surged and oil fell sharply after Treasury Secretary Scott Bessent said the U.S. could reach a deal with Iran to reopen the Strait of Hormuz “today or tomorrow.”
SpaceX tops Wall Street revenue forecast, posts $540 million loss on bitcoin holdings
Elon Musk's space company posted its first earnings as a public company ahead of a major insider share unlock.
Stocks Rally, Oil Drops after Bessent Signals Iran Deal on Hormuz
Plus, Palantir shares surge and the AI trade roars back.
McDonald's says its U.S. business is falling short as it announces new head of its largest market
McDonald's stock has fallen more than 11% this year, dragging its market cap down to roughly $191 billion.
Wayfair stock jumps 30% as retailer posts strongest U.S. growth since 2020
Wayfair, a pandemic darling that's seen sales slow since lockdown orders were lifted, posted its strongest U.S. growth since 2020 during its second quarter.
Chipotle stock falls on potential link to salmonella outbreak in Minnesota
Chipotle has pulled the affected supply from restaurants and replaced them with peppers from different growers, according to the company.
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