- March 15, 2024
S&P 500 is ‘bizarrely overvalued’ and could crash 49% as recession sets in, elite strategist says
The S&P 500 may crash 49% when valuations normalize and a recession hits, Paul Dietrich said. B. Riley Wealth’s chief strategist flagged market and economic
Coinbase Global Plans to Offer $1 Billion in Convertible Notes
(Bloomberg) — Coinbase Global Inc., the largest US cryptocurrency exchange, said it plans to offer $1 billion in convertible senior notes to repay existing debt
Missed Out on Eli Lilly and Novo Nordisk? This Could Be the Next Big Weight Loss Stock.
Eli Lilly and Novo Nordisk have been among the hottest healthcare stocks to own over the past few years. Since 2021, shares of the two
NYCB Raises More Than $1 Billion in Equity Led by Steven Mnuchin’s Firm
(Bloomberg) — Commercial real estate lender New York Community Bancorp received an equity investment of more than $1 billion, gaining a vote of confidence in
Fed’s Powell to Double Down on ‘No Rush to Cut’ Message
(Bloomberg) — Federal Reserve Chair Jerome Powell is expected to double down on his message that there’s no rush to cut interest rates, especially after
Dell beats fourth-quarter estimates on AI server demand
(Reuters) -Dell Technologies beat Wall Street estimates for fourth-quarter revenue and profit on Thursday helped by demand for its AI servers, sending its shares up
‘Two Million Is Nothing. It’s Pennies In Today’s World’
In a 2018 episode of the Afford Anything Podcast, Suze Orman, a best-selling author and famed financial adviser, made her disdain for the Financial Independence,
Short-seller Jim Chanos warns Nvidia’s epic growth is cannibalizing Big Tech — as the chip titan’s value surges by $1 trillion in 4 months
Jim Chanos.Reuters Nvidia is growing at the expense of other Big Tech companies, Jim Chanos and Larry McDonald said. Nvidia is raking in profits while
Palo Alto Networks Plunges After Cutting Revenue Forecast
(Bloomberg) — Cybersecurity company Palo Alto Networks Inc. tumbled in late trading after cutting its revenue forecast for the year, sparking concerns that customers are
2 Artificial Intelligence Stocks You Can Buy and Hold for the Next Decade
Artificial intelligence (AI) is one of the hottest technology trends right now, and investors broadly are looking to invest in companies that could win big