Stock market today: US indexes rebound as Nvidia’s revival sets off a tech rally
Nvidia stock reversed a three-day drop, boosting the S&P 500 and Nasdaq. The AI giant had seen a $430 billion…
Traders have poured $5 billion into leveraged Nvidia ETFs. They’re up 425% even after the stock’s big wipeout.
Leveraged ETFs that track the performance of Nvidia have soared this year. The leveraged funds focused on the AI giant…
Sixteen Nobel Prize-winning economists warn a second Trump term would ‘reignite’ inflation
Sixteen Nobel Prize-winning economists signed a joint letter Tuesday warning of what they see as economic risks if former President…
Trump Media is being ‘absurdly’ valued by investors, LinkedIn cofounder says
Trump Media’s valuation is “absurdyly” high, according to LinkedIn’s cofounder Reid Hoffman. The billionaire entrepreneur noted that Turth Social is…
Michael Phelps rips World Anti-Doping Agency for inconsistent enforcement of rules: ‘We need to hold them responsible’
Washington CNN — Legendary Olympian Michael Phelps on Tuesday ripped the World Anti-Doping Agency and described an inconsistent application of…
Euro 2024: Austria stuns the Netherlands to finish top of Group D ahead of France
CNN — Austria earned a stunning 3-2 win over the Netherlands at Euro 2024 to qualify for the knockout stage…
Stocks are looking ‘eerily similar’ to the last bear-market crash, Charles Schwab says
Market dynamics mirror 2021, potentially signaling a bear market on the way, Charles Schwab said. There’s a growing divergence between…
Trump gag order partially lifted in hush money case ahead of Biden debate
A New York judge on Tuesday lifted parts of a gag order imposed on former President Donald Trump in his…
A labor slowdown could ruin America’s soft-landing hopes and cause a 10% stock correction, Morgan Stanley CIO says
A weakening jobs market could trigger a 10% stock correction, says Morgan Stanley CIO Mike Wilson. He told Bloomberg that…
