Dow Industrials’ Resilience in Rout Shows Promise of Cheap AI
(Bloomberg) — The tech-led rout that gripped US equity markets on Monday left one corner of the market relatively unscathed: the Dow Jones Industrial Average.
» Read more about: Dow Industrials’ Resilience in Rout Shows Promise of Cheap AI »
Read MoreColombia avoids trade war with US as business community, citizens call for cooler heads
The measures announced by Trump, including a 25% tariff on all Colombian goods that was set to rise to 50% in a week and emergency treasury, banking and financial sanctions, would have had an “immense impact” on the Colombian economy, said Bruce Mac Master, president of business association ANDI.
“It was very worrying how the president (Petro) approached the problem because he was not conscious about all the consequences that it would have for the country,”
Read MoreTuttle Capital Files For 10 Leveraged Crypto ETFs, Including $TRUMP, $MELANIA, $XRP
KEY POINTS
- Bloomberg’s Seyffart noted that the filings highlight how issuers are ‘testing’ the SEC’s limits on which crypto ETFs to allow
- Eric Balchunas noted that the ETFs could be trading as early as April unless the SEC rejects them
- The crypto community on X is divided over the filings,
Today's best savings rates
Key takeaways
<!–>
–>
<!–>
- If the Fed holds rates steady this week, banks may do the same for savings rates.
- The best online-only banks and credit unions still have savings rates well above 4% APY.
» Read more about: Today's best savings rates »
Read MoreTrading options on crypto in 2025: How it works
Bitcoin (BTC-USD) is now pulling back — falling below $100,000 at the time of this interview’s posting — as stock markets contend with a tech sector-wide sell-off on Monday. Deribit CEO Luuk Strijers …
» Read more about: Trading options on crypto in 2025: How it works »
Read MoreThe Burst
3 Stocks Champion Traders Are Betting On
Dan Zanger is a revered name among traders. His legendary story of turning $11,000 into $18,000,000 over the span of a year and a half is not one we’ve been able to corroborate but regardless his profitability has not been questioned because his approach to trading is time-tested.
What Dan does that few academic finance professors would advocate is to put most of his eggs in a very few baskets.
» Read more about: 3 Stocks Champion Traders Are Betting On »
Read MoreThe Ivy
Is This Magnificent 7 Stock The Next AI Rocket Ship?
A lot of hoopla surrounds AI companies but remarkably Amazon has not been swallowed up by the tidal wave. At least not yet.
That may be about to change because Claude, its proprietary AI, has the potential to integrate into the Amazon ecosystem to drive efficiencies, accuracy, customer satisfaction, and most importantly financials.
» Read more about: Is This Magnificent 7 Stock The Next AI Rocket Ship? »
Read MoreThe Spotlight
Insights: 1 Sporting Stock Billionaire Bet $500 Million On
When Stephen Mandel makes a big bet, it’s worth finding out why. He’s the President and portfolio manager at Lone Pine Capital, a $10 billion fund based in Greenwich, Connecticut.
As we analyzed his portfolio, it became clear why he’s running a billion dollar fund – just about every stock in his portfolio is undervalued on a discounted cash flow forecast basis.
» Read more about: Insights: 1 Sporting Stock Billionaire Bet $500 Million On »