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Finance
Paramount has become a ‘playpen for momentum goons’ riding UFC deal, short squeeze, says analyst
Paramount Skydance shares have quickly turned into the mecca for momentum-driven retail traders who piled into the stock on hype…
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Finance
BlackRock’s Rick Rieder says CPI gives Fed justification for a half-point cut in September
Rick Rieder, BlackRock’s chief investment officer for global fixed income, is sticking with his call for a jumbo rate cut from…
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Finance
Hedge funds, matching the market’s performance, are turning cautious with stocks at record highs
Stock-picking hedge funds climbed modestly in July, in line with the broader market, but their positioning has turned more cautious…
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Finance
BlackRock’s Rick Rieder says a half-point rate cut by the Fed in September is possible
Rick Rieder, BlackRock’s chief investment officer for global fixed income, said July’s dismal jobs report opened the door for a…
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Finance
Why Revolut’s journey to become a UK bank is taking so long
Key Points Revolut was granted a banking license with restrictions in July 2024 from the U.K.’s Prudential Regulation Authority (PRA). A…
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Economy
Trump’s aluminum tariffs may be sparking a green recycling boom — unintentionally
Key Points President Donald Trump’s tariffs on aluminum imports are spurring growth in recycling as consumers try to avoid additional…
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Finance
Meme screen: Heavily shorted small stocks that are starting to rip this week
Meme stock mania is back somewhat, and retail traders are targeting a new group of shares. Speculation resurfaced and exploded…
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Finance
GameStop’s Ryan Cohen lays out his vision for company — it’s not to be the next MicroStrategy
GameStop chief Ryan Cohen said Tuesday his video game retailer is using crypto as an inflation protection, and not trying…
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Finance
‘Big Short’ Trader Steve Eisman breaks down one reason investors shouldn’t worry about deficits
Steve Eisman, the investor who called the subprime mortgage crisis, said fears of the massive size of the federal budget…
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Finance
U.S. is still ‘exceptional’ despite rest of world outperformance this year, Apollo’s Marc Rowan says
The U.S. stock market is underperforming the rest of the world this year but that doesn’t mean American exceptionalism is…
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