Tag: business news
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‘Big Short’ investor Danny Moses calls 10-year yield, Nvidia the two most important assets for markets right now
The two assets are the center of gravity in financial markets at the moment, according to the Moses Ventures founder.
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Marvell Technology earnings could be a ‘shot of adrenaline’ for the AI trade, says Joe Terranova
Marvell Technology may offer insight into the data center buildout during its earnings report this week, fueling the AI trade, said investor Joe Terranova.
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OpenAI data center chief Chris Malone is out, the latest in a string of executive exits
An OpenAI spokesperson said the company “recently reorganized our infrastructure organization to support the scale and pace of our work.”
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Nvidia’s ‘expectations premium’ dogs the stock after earnings. Here’s what analysts are watching
Over the past year, Nvidia has topped estimates on all the topline metrics and has still been punished by investors the next trading day.
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Kalshi traders see low likelihood of major crypto bill becoming law this year
The White House has pushed for Congress to pass the Clarity Act, a bill on crypto regulation. Kalshi traders see little chance the bill becomes law this year.
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Bond rout ending? Massive bets on bond rally dominate options market
There’s an old Wall Street adage: Stocks float on a sea of bonds. Options traders are betting the tide is going out.
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Dolly Parton, queen of country music, dies at 80
With songs such as “Coat of Many Colors,” “Jolene” and “I Will Always Love You,” she was one of the best-selling female artists of all time.
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Iran and Oman discuss joint shipping route in Strait of Hormuz and mine clearing mission
Iran and Oman on Tuesday discussed a proposal to establish a jointly managed shipping route through the Strait of Hormuz.
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Investor competition for commercial real estate sees strongest growth in a year
Even though macro uncertainty and volatility continue to show up in the broader economy, bidding keeps rising, according to JLL.
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Trump goes all in on Sen. Darline Graham in South Carolina, as primary losses pile up
Sen. Darline Graham squares off Tuesday against Rep. Ralph Norman in a bid to win the GOP nomination for the a South Carolina Senate seat.
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