Cathie Wood Bets $19 Million More On Jack Dorsey's Block Amid Bitcoin's All-Time High Push, Dumps Shopify Stock
Trump threatens to sue ‘loser’ Jerome Powell — as SF Fed chief says interest rates finally may fall
WASHINGTON — President Trump unveiled his latest line of attack Tuesday against “loser” Federal Reserve Chairman Jerome Powell — as the chief of the Fed’s San Francisco division told The Post interest-rate cuts finally could be on the horizon.
“Jerome ‘Too Late’ Powell must NOW lower the rate. Steve ‘Manouychin’ really gave me a ‘beauty’ when he pushed this loser,” Trump wrote on social media,
Read MoreStock market today: Dow, S&P 500, Nasdaq futures trade flat as Fed rate cut bets surge after inflation data
US stock futures wavered amid increasing expectations that the Federal Reserve will cut interest rates at its next meeting, following the latest inflation data.
Futures attached to the Dow Jones Industrial Average (YM=F), the benchmark S&P 500 (ES=F), and the tech-heavy Nasdaq 100 (NQ=F) hovered around the flatline.
Thematic funds surge on NFO wave but can the momentum last? Experts advise caution
In July, NFOs were almost 79 percent of the total net inflows into the category. Last month, when there were no NFOs in this segment, the inflow was just Rs 426 crore.
For sectoral and thematic schemes, July was a blockbuster month with the cumulative net flows climbing to Rs 9,426 crore,
Read MoreWall Street holds at a standstill near its record heights
Wall Street held near its record heights on Monday, ahead of a week likely to be dominated by updates from the head of the Federal Reserve and from some of the biggest U.S. retailers.
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Read MoreThe Burst
Market Commentary: Is Buffett’s IPO Bet In A Bubble?
It’s rare that the Oracle of Omaha makes a bet on a tech company, let alone one that has recently had an initial public offering. It’s even rarer for him to invest pre-IPO, but that’s exactly what he did with Snowflake.
Read MoreThe Ivy
1 AI Stock To Sell Fast?
Can the hype surrounding AI keep boosting the performance of Palantir Technologies (PLTR) shares, or is it time for the stock to pull back?
Since the stock began trading on September 30, 2020, it has gained about 160%. Over the past year, it has returned more than 185%. To put this into context,
» Read more about: 1 AI Stock To Sell Fast? »
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