How Shielded Is the US Economy From the Iran War?
Sustained high fuel prices, weaker stock markets, and shortages would eventually crush consumer spending—especially among lower-income households already cutting back on road trips and extras.A farmer in southeast Nebraska, Ben Steffen, said he’s now spending $4,000 to $5,000 more on diesel this season than expected, and he’s already paid $50,000 extra for fertilizer.
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Read MoreSpace stocks are ripping higher after SpaceX's IPO filing
Wall Street has been buzzing since Elon Musk’s SpaceX confidentially filed for an IPO on Wednesday.
That’s lifted smaller space-tech names across the market over the last two days, with SpaceX’s lofty valuation and public debut giving a boost to sentiment.
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Read MoreTop 3 High Growth Tech Stocks in the US Market
The United States market has shown robust performance recently, climbing 1.9% in the last week and achieving a remarkable 24% increase over the past year, with earnings projected to grow by 15% annually in the coming years. In such a dynamic environment, identifying high growth tech stocks involves focusing on companies that demonstrate strong innovation potential and scalability to capitalize on these favorable conditions.
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Read MoreBitcoin 'done' with 85% crashes, says Cathie Wood amid new $34K target
Bitcoin (BTC) is “done” with drawdowns of 85% or more from all-time highs, says ARK Invest CEO, Cathie Wood.
Key points:
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Bitcoin will not see another correction of 85% or more versus its latest all-time high, Cathie Wood argues.
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A new prediction sees $34,000 becoming the next BTC price bottom.
S&P 500 Forecast: Why 6,700 Could Decide the Next Big Move
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Read MoreThe Burst
1 Buffett Story Nobody Told You That Led to Riches
When you tune into a Warren Buffett Annual Shareholder meeting, you’ll often hear the Oracle of Omaha reference See’s Candies, but few understand why this humble confectionary retailer holds such a special place in Buffett’s heart.
Back when Buffett bought See’s he had grand plans to be the candy mogul of the world.
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Read MoreThe Ivy
Is Buffett Finally Going to Split Berkshire Stock?
Berkshire Hathaway Class A (NYSE:BRK.A) shares are far and away the most expensive shares in the American stock market. Each Class A share of Warren Buffett’s conglomerate currently trades at over $705,000.
By now, the vast majority of companies would’ve gone through many stock splits to keep their shares affordably priced for retail investors.
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Read MoreThe Spotlight
Will Tesla 6x?
When Cathie Wood first bet that Tesla would hit a trillion dollar market capitalization, it was valued at around 6% of that level.
Naysayers said she was crazy.
They cited unequivocal statistics that “proved” Tesla was overvalued, like summing up the market caps of all vehicle manufacturers and pointing to Tesla’s being greater than the combination of them all.