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Stocks tumble amid debt-ceiling talks, retail sales data release: Stock market news today

Jennifer DuBois -
US stocks ended the session lower on Tuesday as investors digested fresh economic data and monitored any updates over the debt-ceiling standoff.It proved...
Business

US officials remove key obstacle to Thacker Pass lithium project

Jennifer DuBois -
By Ernest Scheyder(Reuters) -The U.S. Interior Department on Tuesday removed one of the last remaining obstacles to Lithium Americas Corp's Thacker Pass mine...
Business

Billionaire Stanley Druckenmiller’s family office pumps a combined $430 million into Nvidia and Microsoft stocks in big, bold AI bets

Jennifer DuBois -
Billionaire Stanley Druckenmiller's family office snapped up Nvidia and Microsoft stocks in the first quarter.Duquesne plowed about $220 million into the chipmaker and...
Business

GE, Ikea, Home Depot defeat University of California bid for light bulb import bans

Jennifer DuBois -
By Blake Brittain(Reuters) - A group of companies including General Electric Co, Ikea Supply AG and Home Depot Inc on Tuesday defeated a...
Business

Pfizer Selling $31 Billion of Bonds in Fourth-Largest Deal Ever

Jennifer DuBois -
(Bloomberg) -- Pfizer Inc. is selling $31 billion of debt in what’s set to be the fourth-largest US bond sale ever, according to...
Business

Dow Leader, Chip Giant Lead 4 Stocks In Or Near Buy Zones

Jennifer DuBois -
Among the best stocks to buy and watch, Dow Jones leader and IBD Leaderboard stock Salesforce (CRM), Advanced Micro Devices (AMD), IBD SwingTrader stock...
Business

The Patent That Helped Vanguard Clients Pocket Big Gains Expires

Jennifer DuBois -
(Bloomberg) -- The patent that’s given Vanguard Group an edge over competitors for the past 20 years — and helped its clients pull...
Business

A Japanese millennial could soon be a billionaire after shares of his AI-powered matching service for companies surged nearly 50% this year

Jennifer DuBois -
Shunsaku Sagami, the founder, and CEO of M&A Research Institute, is worth $950 million as of Tuesday.He founded the brokerage in 2018 to...
Business

David Einhorn’s Greenlight Capital snapped up 2 regional banking stocks during last quarter’s turmoil

Jennifer DuBois -
David Einhorn bet on two regional lenders last quarter, a period when bank failures shook markets.The legendary hedge fund manager snapped up shares...
Business

Nvidia’s Market Cap Is Now Bigger Than Berkshire Hathaway’s

Jennifer DuBois -
Nvidia’s Market Cap Is Now Bigger Than...
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