Why Stanley Druckenmiller Dumped AI Darling Palantir
Stanley Druckenmiller who famously helped George Soros break the Bank of England in 1992 has just ditched one of Wall Street’s most hyped artificial intelligence (AI) stocks.
So, what did he sell? Palantir Technologies (NYSE: PLTR). While most investors were busy chasing the AI boom, Druckenmiller was building a large position in a drugmaker.
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Paul Tudor Jones Is Betting Big Against the Bond Market: How You Can Too.
Stan Druckenmiller and Paul Tudor Jones, both among the most successful traders ever, are now on the same side of a trade: shorting long-duration bonds.
This move is more than just a hedge but rather it’s a bet that interest rates are headed higher, and when these legendary traders make such strong statements,
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Why Is Warren Piling Into This Monster Insurer?
Imagine a business that has quietly dominated its industry for decades, steadily outperforming its rivals while keeping an impeccable balance sheet.
Add to the fact that it has thrived during economic downturns and periods of rising interest rates when its peers faded.
In recent years, it’s seen its earnings surge, boosted by both disciplined underwriting and a strong investment portfolio.
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The ONLY Fund Buffett Recommends (hint, it’s not his own)
As probably the world’s best-regarded stock picker, Warren Buffett isn’t usually associated with ETFs. Nevertheless, the legendary value investor’s portfolio at Berkshire Hathaway contains two ETFs, both of which track the S&P 500 index.
These two funds, namely SPY and VOO, account for a little over $45 billion of Berkshire’s total holdings. Why does Buffett own the S&P 500,
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How To Get Quantum Stock Exposure Intelligently
Quantum is all the buzz but the risks are super high so how do you get exposure to the industry without betting the farm on any given stock?
If I could only bet on one quantum computing stock with the potential to deliver life-changing returns, IonQ (NYSE: IONQ) is probably at the top of my list.
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Read MoreThe Burst
Micron Is Down 42%, Why It Might Be a Screaming Buy?
Micron Technology (NASDAQ: MU) is no stranger to volatility, but its recent price action has been brutal even by semiconductor standards. Since peaking in June of last year, the stock has tumbled 42%. And nearly 30% of that decline happened in just the past month.
So, is this a falling knife or an undervalued gem in the chip sector?
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Read MoreThe Spotlight
Champion Trader Spots Hidden Giant Enterprise Software Market
When a champion trader who generated 941.1% returns in 2020 spotlights a stock in an uptrend, it’s worth paying attention.
That’s precisely what happened when Oliver Kell shed light on ServiceNow (NYSE: NOW), a company that continues to dominate the enterprise cloud computing industry by automating and managing digital workflows.
In addition to the technical chart looking good,
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Read MoreThe Daily
Trump ratchets up U.S.-China trade war with new levies and export controls
Washington –
U.S. President Donald Trump on Friday said he was raising tariffs on Chinese exports to the U.S. to 100% and imposing export controls on “any and all critical software” in a reprisal to recently announced export limits by China on rare earth minerals critical to tech and other manufacturing.
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