Oil companies are pumping out crude at a record rate, and demand can’t keep up. That dynamic could continue through 2027, according to JP Morgan strategist Natasha Kaneva. And if it does, oil prices could fall into the $30s per barrel by the end of 2027, about half of what they are worth today.
» Read more about: Oil could fall to the $30s—unless someone turns off the taps »
Warren Buffett once shared a memorable story about the late Charlie Munger’s supposedly failing hearing, only to discover in an awkward twist that the problem wasn’t Munger at all.
During Berkshire Hathaway’s 2014 annual shareholder meeting, Buffett entertained the crowd with a lighthearted anecdote about growing older alongside his longtime business partner.
US stock futures were lower Tuesday morning as investors awaited a slew of economic data.
Dow futures fell 34 points, or 0.07%. S&P 500 futures fell 0.04%. Nasdaq 100 futures fell 0.11%.
Stocks are coming off two days in the green. The tech-heavy Nasdaq soared 2.69% on Monday,
» Read more about: We’re about to get a clearer (and very delayed) picture of the US economy »
Elon Musk wants investors to remember Tesla makes chips, too.
Shares of Tesla Inc (TSLA +6.75%) jumped on Monday, finishing up 6.8%. The rise came as the S&P 500 and the Nasdaq Composite gained 1.5% and 2.6%,
Hello and welcome to Energy Source,
» Read more about: US solar stocks rebound from Trump’s clean energy rollback »
Nvidia (NASDAQ: NVDA) is now the most valuable company in the world. But investors aren’t as interested in the past as they are about the future. Where will Nvidia shares head over the next 12 months? Let’s check the latest predictions from Wall Street’s highly paid analysts.
» Read more about: Prediction: This Will Be Nvidia's Stock Price 12 Months From Now »
Wedbush argues that the AI sector is in the early stages of the ‘AI Revolution,’ with enterprise and consumer adoption still largely ahead, and less than 5% of U.S. enterprises have implemented AI strategies, indicating significant future growth rather than speculative hype.
» Read more about: Nvidia, Microsoft among Wedbush's top 10 tech stocks to own into year-end »
If you are looking for a risk model that adapts quickly to today’s changing markets – one capable of delivering accurate risk forecasts at multiple horizons and efficient optimized portfolios, while mitigating spurious correlations between idiosyncratic and factor returns – then look no further than the Bloomberg MAC3 risk model.
Jose Menchero,
» Read more about: Redefining risk modeling for a new era of investing »
XRP has experienced a strong resurgence over the past 48 hours, climbing 14.8% amid renewed enthusiasm surrounding the launch of spot ETFs from Grayscale and Franklin Templeton.
The heightened interest has fueled optimism among existing investors and injected fresh momentum into one of the most closely watched altcoins in the market.
» Read more about: XRP Price Aims at $2.5 After ETFs Record $164 Million in Inflows on Monday »
The AI stock frenzy is cooling, and SoftBank is taking it on the chin.
Shares in the Tokyo-based global tech investor are down 44% since they crested late last month, including a 10% drop Tuesday. In all, more than $100 billion in market value has been erased.
The roller-coaster ride likely reflects shifting investor sentiment about artificial intelligence,
» Read more about: What SoftBank's Sagging Stock Price Says About AI Sentiment »
