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Stock Market Short Sellers That Helped Fuel This Year’s Rally Are Finally Giving Up

Jennifer DuBois -
(Bloomberg) -- A worrisome thought for the stock faithful: You won’t have the bears to kick around anymore.Most Read from BloombergFresh off the...
Business

Generative AI Is Driving ‘The Next Supercycle Of Cloud Computing’

Jennifer DuBois -
Excitement over generative artificial intelligence is fueling heavy investments by tech companies in semiconductors, computer hardware and software. Generative AI also is driving...
Business

Stocks seesaw, end day and week lower after cool jobs report: Stock market news today

Jennifer DuBois -
Stocks seesawed Friday, ending lower as investors digested the release of the monthly US jobs report to provide a steer to the Federal...
Business

Costco Shares Fall After Comparable Store Sales Drop Along With Gas Prices

Jennifer DuBois -
Key Takeaways Costco shares fell more than 2% on Friday after comparable store sales dropped in June as gas prices tumbled.The retailer reported average...
Business

BlackRock CEO’s Turnabout on Bitcoin Elicits Cheers, Skepticism of Crypto Cred

Jennifer DuBois -
BlackRock CEO Larry Fink's change of heart on bitcoin (BTC) could make it easier for fellow Wall Street executives to embrace cryptocurrencies, but...
Business

4 IBD 50 Stocks Showing Signs Of Risk

Jennifer DuBois -
The elite IBD 50 consists of top-rated growth stocks meeting stringent criteria. But for four of them, charts are showing weakness. X These signs are...
Business

Billionaire investor Leon Cooperman sounds the alarm on Nvidia stock – and warns a recession may hit next year

Jennifer DuBois -
Leon Cooperman warned the enormous hype around Nvidia and other growth stocks is dangerous.The billionaire investor predicted the S&P 500 wouldn't reach a...
Business

Keep on Buying These EV Stocks, Says Analyst, Forecasting Over 60% Upside

Jennifer DuBois -
Bring up electric vehicles, or EVs, and you’re sure to hear a wide range of opinions. One thing is clear: the market for...
Business

Costa Rica’s Annual Inflation Rate Turns Negative, 10 Months After Hitting 12%

Jennifer DuBois -
(Bloomberg) -- Costa Rica’s annual inflation rate turned negative in June after soaring to double digits last year, following a series of rate...
Business

The US stock rally has no fundamentals and Fed rate hikes will ‘break the back’ of something in markets, top economist David Rosenberg says

Jennifer DuBois -
This year's stock rally has been just sentiment-driven and "devoid of fundamentals", David Rosenberg said.It's only a matter of time before the Fed's...
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