US: Wall Street tumbles after big banks flag pullback risk
[NEW YORK] Wall Street’s main indexes tumbled on Tuesday (Nov 4) as investors questioned lofty tech valuations after the CEOs of top Wall Street banks warned of a stock market selloff, while AI favourite Palantir’s sales forecast failed to impress investors.
The Dow Jones Industrial Average fell 188.6 points, or 0.40 per cent,
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Read MoreFrom stray to star: How a Windsor street dog earned a spot on a wall of fame
The Windsor/Essex County Humane Society is preparing to celebrate a century of compassion, and one of its most beloved residents, Pickles the dog, will take centre stage.
The organization plans to honour the street dog, who became a local celebrity in the 1970s, on a new wall of fame as part of its 100th anniversary celebrations in 2026.
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Read MoreMichael Burry of 'Big Short' fame discloses bets against Palantir and Nvidia
Investor Michael Burry disclosed on Monday that his hedge fund, Scion Asset Management, has taken positions against tech heavyweights Nvidia (NVDA) and Palantir (PLTR).
Burry, who rose to fame for correctly predicting the US housing market bubble and subsequent stock market crash in 2008, has taken out puts — or trades that benefit from a stock price falling — on two of Big Tech’s darlings.
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Read MoreWe Asked ChatGPT, Grok and 3 Other AIs About the No. 1 Investing Tip for the Middle Class: Here’s What They Said
It may seem like we’ve just begun to realize the impact of artificial intelligence (AI) on our lives at home and at work,
Stock market today: Dow, S&P 500, Nasdaq rebound as ADP jobs jump, Supreme Court questions Trump tariff power
Several of the Supreme Court’s conservative-leaning justices questioned a US government lawyer over President Trump’s authority to impose tariffs on trading partners, casting early doubt over their future.
Justice Neil Gorsuch, a Trump appointee, drew the most notice for his line of questioning to US Solicitor General D.
Read MoreThe Burst
Will This High-Growth ETF Keep Outpacing the Market?
For the last few years, earnings growth from the tech sector has been the driving engine of America’s stock market. Investors have piled into the largest tech companies, betting on the ability of AI and other emerging technologies to unlock enormous amounts of new value and create years of forward growth.
One ETF that has benefited enormously from this trend is the Vanguard Growth ETF (VUG).
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Read MoreThe Ivy
Could This Quantum Stock Make You a Millionaire?
If you’ve been looking for life-changing returns in the stock market, D-Wave Quantum (NYSE: QBTS) might have already caught your eye. After all, the stock is up an eye-watering 103% so far this year. But while those gains might set off a rush of FOMO, there’s a catch because this stock moves fast, and not always in the direction you’d hope.
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Read MoreThe Spotlight
1 Growth Stock Down Over 85% to Buy Now
Roku Inc. (NASDAQ: ROKU) seems like a stock to run from at first glance. With shares down by over 85% since the heady days of 2021 and profits still to be delivered, it’s hard to make a strong case for the company as a good investment.
But a deeper dive reveals some compelling reasons to pay attention to this former high flyer.
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