Congress takes another stab at banning members from trading stocks
"There is no reason why members of Congress ought to be profiting off of the information that only they get," Senator Josh Hawley said.
Markets
Why June CPI is going to be a big moment for stock market bulls, according to Fundstrat's Tom Lee
"It's going to be a week of reckoning, and I mean a reckoning of how people view inflation and the state of the economy," Fundstrat's Tom Lee said.
Elon Musk's net worth grew by $67 billion during Tesla's 10-day win streak
The 10-day surge in Tesla stock has added $67 billion to Musk's fortune, with his net worth hitting $274 billion, according to data from Bloomberg.
Tesla is acting like a meme stock right now, says billionaire 'Bond King' Bill Gross
"Tesla acting like a meme stock — sagging fundamentals, straight up price action," legendary bond manager Bill Gross posted to X on Tuesday.
EV stocks are showing major signs of life
Tesla stock is on pace for a 10-day winning streak, while Rivian and Lucid are also on a tear.
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AI, immigration, and rich people will save the US economy from a recession, Wall Street strategist says
"A restrictive Fed won't stop the music this time around because the economy's moving to a new rhythm," Michael Arone said.
Nancy Pelosi and these 4 other Congress members' stock portfolios are returning triple digits. Here's what they're investing in — and how you can copy them.
Following Nancy Pelosi's trading strategy would have returned you over 700% in the last decade. Here's how to copy Congress members' stock trades.
Nvidia is poised to surge another 16% as signs point to 'exceedingly robust' demand for its next-gen Blackwell chip, UBS says
Nvidia's potential $5 EPS in 2025 would give it a valuation of 25.6x on a forward price-to-earnings basis.
'We're in a slow-motion melt-up': 3 reasons why the bull market in stocks will continue, according to Ed Yardeni
"The broad market is not overvalued, in our opinion and could go up on a combination of better earnings and a higher valuation multiple," Yardeni said.
Stock market today: US stocks rise to records ahead of key June inflation report
This week will also see testimony from Fed chair Jerome Powell and the official start of earnings season with top US banks set to report results on Friday.
AI stocks are in a costly bubble — and Nvidia may wither like a dot-com darling, markets guru says
MacroStrategy's James Ferguson said artificial intelligence remains expensive and unproven, and Nvidia might follow Intel and Cisco into obscurity.
The 'coveted soft landing' is here, Biden's top labor official says — and it could set Americans up for an interest rate cut in September
The jobs market is moderating, but Americans are not facing a recession. It's a signal the Fed might have what it needs to cut interest rates.
The stock market will drop 32% in 2025 as the Fed fails to save the economy from a recession, research firm says
"Two years ago, workers who lost their jobs could simply walk across the street to find new work. That has become increasingly difficult," BCA said.
A software consultant who trades stocks gained 805% in 2023 betting on observable chart patterns. He shares the signal he uses to find reversals.
He's a pattern day trader who looks for signals a stock is about to spike.
Why Nvidia just got a rare stock downgrade
"We would be buyers again, but only on prolonged weakness," NewStreet Research analyst Pierre Ferragu said of Nvidia stock.
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Bitcoin plummets as $9 billion Mt. Gox payout begins and government selling adds pressure
The bankrupt Mt. Gox crypto exchange still holds about 140,000 bitcoin and has started to repay creditors and customers
Goldman Sachs: 89 stocks expected to be winners as they build out AI infrastructure
These companies are building out AI infrastructure and include data centers, utilities, and semiconductor manufacturers.
Tesla short sellers bleed billions as Musk threatens obliteration for those betting against the stock
A slight comeback in Tesla deliveries caught short sellers off guard.
The AI boom will push America's shaky power grid to its limit
"The cost of that Gen AI architecture is freaking out of control," Baird strategist Ted Mortonson told Business Insider.
Warren Buffett and Bill Gates first met at a 4th of July celebration. Here's how they became billionaire buddies.
Warren Buffett had little interest in computers, and Bill Gates had little respect for stock pickers, but the pair hit it off anyway.