Forbes Daily: The U.S. Takes Unusual $10 Billion Tech Stake In Intel
As Federal Reserve Chair Jerome Powell signaled long-awaited rate cuts could be coming, the world’s wealthiest became even richer.
Powell’s comments at the central bank’s symposium in Jackson Hole, Wyoming spurred a broader stock market rally, as lower rates are expected to jolt the economy. The world’s richest person,
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Read MoreThe Burst
2 Cathie Wood Bargains (with HUGE Upside)
It’s no secret that Cathie Wood’s collection of ARK funds have had a horrendous 2022. Her ARKK flagship fund was down 53% year-to-date at the time of writing and traded in the mid-$30s as recently as June, down from a high of almost $100 per share at the start of the year.
But there’s light at the end of the tunnel for growth investors.
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Read MoreThe Ivy
Market Commentary: Is The Stock Market Manipulated?
Is the stock market manipulated? Of course, it is. Here are five prime examples of how nefarious traders can manipulate share prices to profit:
- Fake news: They spread false or misleading information about a company or its stock in order to drive the price up or down. For example, a trader might spread rumors that a company is about to announce good news,
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