Ken Griffin has carved out a place in Wall Street history. The billionaire investor made a name for himself for correctly predicting the 1987 stock market crash. He cemented his legend as the CEO and founder of Citadel Advisors. Under his watchful eye, it became the most successful hedge fund ever, defying the downturn and […]
The stock market has three tailwinds that could drive further upside to record highs, according to Fundstrat’s Tom Lee. Lee highlighted increased corporate earnings and a lack of margin debt as reasons to stay bullish. “It’s just that there are so many top callers now that I think that’s why there’s still gas in the […]
A good way to invest in the healthcare industry’s continued growth is by targeting businesses that make medical devices. Such equipment aids physicians in surgery, helps patients recover, and can assist people in staying on top of chronic conditions, including hypertension and diabetes. This hasn’t exactly been a hot place to invest in, however. Since […]
(Bloomberg) — Cathie Wood says semiconductor stocks may endure a market correction as the supply chain for the technology perks up. Most Read from Bloomberg “The one place we could see a correction — and it’s just a correction, we’re not calling it the end of this at all — is in the chip space,” […]
US stocks slid lower on Friday, dragged down by a sell-off in tech. The Nasdaq tumbled after touching record highs, pulled down by a sharp drop for Nvidia. The jobs report was a mixed bag, with trends boding well for rate cuts but pointing to a cooler economy. US stocks tumbled on Friday, dragged down […]
Cathie Wood.David Swanson/Reuters Cathie Wood’s outlook for Nvidia is slower growth, weaker demand, and fiercer competition. The Ark Invest CEO compared the chipmaker’s stock surge to Cisco’s during the dot-com bubble. Wood has cut her exposure to Nvidia as she believes the market’s hopes may be overblown. Cathie Wood has sounded the alarm on Nvidia, […]
Xenon Pharmaceuticals Inc (NASDAQ:XENE), a clinical-stage biopharmaceutical company, focuses on developing therapeutics to improve the lives of patients with neurological disorders.
Director Gregory Freitag has sold 25,000 shares of Axogen Inc (NASDAQ:AXGN) on March 7, 2024, according to a recent SEC Filing.
(Bloomberg) — Broadcom Inc., a chip supplier for Apple Inc. and other big tech companies, suffered its worst stock decline in four years after reporting disappointing revenue from its semiconductor business, even as AI demand grew faster than expected. Most Read from Bloomberg The company’s semiconductor division posted revenue of $7.39 billion in the fiscal […]
It’s common for investors to have their heads turned by hot stocks — ones that have perhaps doubled or tripled in value in the past year or two — or the past month. But many of those stocks may be due for a fall, especially if they’ve been bid up beyond reason by investor enthusiasm. […]
The Dow Jones Industrial Average and other major stock indexes faded off highs after the February jobs report came in stronger than expected for the second straight month. Nvidia stock outperformed in the early going in the stock market today, one day after Mizuho lifted Nvidia‘s (NVDA) price target to 1,000. But a 5% early […]
Wall Street investment banks have seen some significant lay-offs. Goldman Sachs’ headcount fell 7 per cent globally in 2023, while Morgan Stanley and Bank of America reported a 2 to 3 per cent drop. Those who managed to retain their jobs have suffered a 40 to 50 per cent cut in total compensation. It’s a […]
