Appaloosa Management’s David Tepper said the macro setup for U.S. stocks makes him nervous as the Fed eases policy in a good economy like it did in the 1990s.
China’s industrial profits plunge by 17.8% in August from a year ago
China’s industrial profits plunged by 17.8% in August from a year ago, the National Bureau of Statistics said Friday.
The Fed slashed interest rates last week, but Treasury yields are rising. What’s going on?
Despite a 50 basis point rate reduction, Treasury yields have been moving higher, particularly at the long end of the curve.
Sam Altman tells OpenAI staff there’s no plan for him to receive ‘giant equity stake’ in company
At an all-hands meeting Thursday, OpenAI CEO Sam Altman denied reports that he received a “giant equity stake” in the company.
David Tepper’s big bet after the Fed rate cut was to buy ‘everything’ related to China
The billionaire founder of Appaloosa Management said he may have doubled his limit on China equities with this move.
Barclays names 5 global stocks that could benefit from China’s stimulus — giving one over 100% upside
One of the stocks was given more than 100% upside potential over the next 12 months.
Denmark is the No. 1 country for quality of life—Canada and New Zealand also made the top 10 list
U.S. News and World Report ranked the countries based on several criteria including, affordability, economic stability, income equality and more.
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Major global chip stocks rally on Micron’s 15% surge; ASML up 4%
Micron shares rose 15% in after-hours trade in the U.S. on Wednesday, sparking a rally