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New York, NY
Joined January 2009
Warren Buffett’s stock picking-protege is leaving Berkshire Hathaway for a new role at JPMorgan. https://t.co/gFx9fj8cO9
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Consumer sentiment remains depressed despite GDP growth, according to Charles Schwab's @KevRGordon.
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"Whoever wins the AI battle as a nation and as an industry will lead GDP growth, standard of living, etc.," JC2 Ventures founder John Chambers says when discussing the "strategic AI partnerships" Big Tech companies are doing. "It's a national priority."
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"We're preparing for a more dovish Fed next year for more rate cuts, and we think that has ramifications for small caps, and we also think it's bullish for bitcoin," Innovator Capital Management strategist @TimUrbanowicz says.
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Paramount makes $108 billion all-cash offer for Warner Bros. Discovery, escalating buyout fight with Netflix
finance.yahoo.com
David Ellison's Paramount is making another play to acquire Warner Bros. as Hollywood's biggest acquisition battle in years rages on.
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The Netflix-Warner Bros. deal "is not something that is good for consumers," Innovator Capital Management strategist @TimUrbanowicz says, adding: "It's not something that's politically positive for the president. There's a lot of stress on these. Prices have continued to go up."
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"The consumer frankly is facing a lot of constraints," HB Wealth chief market strategist @GinaMartinAdams says, adding: "To see the consumer sort of slow down outside of recession is pretty abnormal."
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Paramount has offered to buy Warner Bros. Discovery for $30 a share.
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IBM said it will buy data infrastructure company Confluent in a deal valued at $11 billion, ramping up its cloud-computing offerings to capitalize on an AI-driven demand boom. https://t.co/mk8sMusnmi
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Oppenheimer's Stoltzfus is biggest US stock bull for third year https://t.co/gikLuoTzRL via @business
finance.yahoo.com
The strategist expects the benchmark to trade around 8,100 points by end-2026 on the back of robust economic growth and monetary policy easing. “We remain positive on stocks and regard it as our...
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IBM said to close in on $11 billion deal for Confluent; stock surges
finance.yahoo.com
IBM is in advanced talks to acquire data-infrastructure company Confluent , the Wall Street Journal reported on Sunday, in a move aimed at boosting Big Blue's ability to capture growing demand for...
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Few automakers are likely to keep up AI spending spree: Gartner
finance.yahoo.com
By 2029, just 5% of automakers will maintain strong AI investment growth, down from over 95% today, technology research firm Gartner said in its report on 2026 predictions for the sector.
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Silver holds near record as ETF holdings swell https://t.co/AllezQ8lea via @business
finance.yahoo.com
“The current rally does appear frothy and retail investors are demonstrating some momentum-chasing behavior,” said Justin Lin, a Sydney-based investment analyst at Global X Management Co.. Silver has...
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The Fed is likely to cut rates for a third time this year. What happens next year is less certain.
finance.yahoo.com
The Fed is expected to move forward with a quarter-point rate cut on Wednesday. Fed observers will be watching to see what officials signal about the future path of policy.
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Nvidia CEO Jensen Huang says the American technology industry "has nothing to fear."
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Could paper checks be on the way out, like the penny https://t.co/8PPDMHg4yN via @CNNBusiness
finance.yahoo.com
First the penny. Next, paper checks?
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🤔 If you've ever wondered about how Jensen Huang feels about his job, his response might surprise you.
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Tesla launched the cheaper Standard versions of the Model 3 and Model Y in Europe as sales lag in the region due to competition and the political antics of CEO Elon Musk.
finance.yahoo.com
Tesla launched the cheaper Standard versions of the Model 3 and Model Y in Europe as sales lag in the region due to competition and the political antics of CEO Elon Musk.
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Dow, S&P 500, Nasdaq futures steady with Wall Street awaiting expected Fed rate cut https://t.co/PcdME2rbNR
finance.yahoo.com
US stock futures were steady ahead of the Federal Reserve's mid-week announcement on interest rates.
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Philip Martin, chief security officer for Coinbase Global, believes that individuals nearing or in retirement should consider investing in digital assets.
finance.yahoo.com
Philip Martin, chief security officer for Coinbase Global, said crypto can be an important asset for those nearing or in retirement. But first, it's important to understand the risks.
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