How one strategist warned on semiconductor stocks within a day of their top
The chairman of JPMorgan Asset Management’s market and investment strategy warned on chip stocks within a day of their peak. Source:MarketWatch
Chevron outlines $7 billion plan to expand in Venezuela
Chevron says it will expand its operations in Venezuela, following the Trump administration’s move for a Pentagonbacked plan to develop the country’s oil…
MongoDB shares tumble despite strong earnings on ‘disappointing’ news for investors
Investors were most likely disappointed by the company’s Atlas multicloud database seeing the same revenue growth for the fifth quarter in a row.…
Stocks that rise when the S&P 500 falls are weirdly keeping up with the rest of Wall Street
Socalled ‘negativebeta’ stocks are thriving and offer a way to ride out volatility events, says one strategist. Source:MarketWatch
Bitcoin slips below $76,500 as U.S. strikes on Iran send oil above $93
Bitcoin fell 1% since midnight as Brent jumped past $93 and Treasury yields climbed toward 4.8%. Source:CoinDesk
Former UK Prime Minister Liz Truss says bond rout could force emergency spending cuts
The former prime minister said U.K. is among the worst examples of rising debt and warns the situation may have gone too far. Source:CoinDesk
Europe’s largest airline warns of jet-fuel prices at $140 this winter as it cuts capacity
Ryanair on Wednesday reduced its winter capacity to mitigate its exposure to unhedged jet fuel prices of $140 per barrel, illustrating the realeconomy impact…
We’re in our 60s. My wife and I have $345,000 in annual pensions and $1 million in 403(b)s. Is it too late for Roth conversions?
“Roth assets would provide our children with taxfree distributions.” Source:MarketWatch
Dell shares rise as demand jumps for AI servers — here’s what Wall Street analysts are saying happens next
Morgan Stanley, Goldman Sachs and Citigroup all raised their price targets for the technology company. Source:MarketWatch
‘Mean Girls’ star Amanda Seyfried lists longtime L.A. home for $3.2 million after relocating to rural N.Y.
Seyfried, who now resides primarily on a beautiful farm property in upstate New York, has used the threebedroom, 2.5bathroom home as her West Coast base for…
Sarah Michelle Gellar and Freddie Prinze Jr. cut the price of their $10 million L.A. mansion
Sarah Michelle Gellar and Freddie Prinze Jr. have trimmed the asking price of their stunning California mansion by $700,000—just three months after listing the…
XRP ETFs pull in $170 million over eleven days. Goldman tops institutional holders
Spot XRP funds have logged nine straight sessions of inflows, while Q2 filings show Goldman Sachs, Jane Street and Millennium among their biggest professional…