Tag Archives: investors

World shares edge lower, US yields drop as investors await Fed  Reuters Global Stock Markets Rise Ahead of Expected Fed Rate Cut  The Wall Street Journal Asian stocks hit record highs on AI and US rate cut bets  Financial Times Asia’s Stock Benchmark Heads for a Record Close as Rally Extends  Bloomberg.com Wall Street mostly higher ahead of retail sales data and Wednesday’s Fed …

The upcoming framework agreement for the social media platform TikTok will include new investors as well as existing investors in the platform’s Chinese parent company ByteDance, sources told CNBC’s David Faber. The deal is expected to close in the next 30 to 45 days, according to the sources, who asked not to be named because the details of the negotiations …

Tesla CEO Elon Musk has assured TSLA investors that he would be enhancing his security detail.  Musk’s comments were posted on X in the aftermath of the slaying of conservative commentator Charlie Kirk. Aggressive critics Kirk was slain during a speaking engagement at Utah Valley University as part of Turning Point USA’s first event on a tour of college campuses, …

Asia stocks scale new highs, dollar weakens as investors eye Fed cut  Reuters Asian Stocks Gain at Open After Wall Street Rally: Markets Wrap  Bloomberg.com Asia stocks scale new highs, dollar tentative as investors eye Fed cut  Reuters Asian shares trade mixed after Wall Street sets new records  The Hill Global Stock Markets Rise Ahead of Expected Fed Rate Cut  The Wall Street Journal Source …

Robinhood announced Monday it has filed an application with the U.S. Securities and Exchange Commission to launch a new publicly traded fund that will hold shares of startups. The idea behind the “Robinhood Ventures Fund I” is to allow every retail investor access to make money on the hottest startups before they go public. While the current version of the application …

The savviest billionaire traders are placing their bets on budding prediction marketplaces. Thanks in part to Trumpworld connections, Kalshi is the front-runner in what could be a trillion dollar opportunity. On a frigid winter morning in 2023, discount brokerage firm billionaire Charles Schwab arrived at the SoHo offices of little known prediction market start-up Kalshi. Under his arm were several …

In brief David Klasing, dual-certified tax attorney and CPA, says the IRS has moved from targeting “narrower groups” to broader crypto compliance investigations across multiple exchanges. The Treasury Inspector General reports a 75% potential non-compliance rate among crypto users identified through exchange data, feeding the audit pipeline. Nick Waytula, attorney and head of tax at Crypto Tax Calculator, warns the …

Why the Fed’s first rate cut in 9 months could derail the stock-market rally — and how investors can prepare  MarketWatch Fed rate cuts likely to support U.S. equities, but with muted gains: BMO’s Belski  Seeking Alpha A Market Playbook to Prepare Your Portfolio for Fed Cuts  Investing.com What History Says About Stocks When The Fed Eases  Forbes Is the Fed’s upcoming rate cut …

Wall St Week Ahead: Investors seek Fed’s view of shaky labor market as rate cut looms  Reuters Consumer prices rose at annual rate of 2.9% in August, as weekly jobless claims jump  CNBC Inflation ticked up in August amid weakening job market  NBC News Inflation Ticks Up to 2.9%, but Fed Rate Cut Seems Assured as New Unemployment Claims Surge  Realtor.com Inflation jumps as …

Oracle operates some of the world’s best data centers for processing artificial intelligence workloads. Developing artificial intelligence (AI) models requires a substantial amount of computing power, which most personal computers and devices can’t provide. Therefore, most of these workloads are processed inside large data centers that are filled with thousands of advanced chips from suppliers like Nvidia (NVDA 0.43%), Advanced …