Tag: Wall Street

The Federal Reserve is planning to lower Interest rates by another half point before the end of 2024. The Central bank has two more policy meetings scheduled for November and

DoubleLine Capital CEO Jeffrey Gundlach has called for the Federal Reserve to quickly ease policy in response to the current economic slowdown. Gundlach suggested a half-point interest-rate reduction, emphasizing the

Billionaire investor Steve Cohen is stepping back from active trading at his hedge fund Point72. The influential hedge fund manager, also known as the majority owner of the New York

Hedge fund billionaire John Paulson, known for his successful bets against the housing market during the financial crisis and a vocal supporter of former President Donald Trump, expressed concerns about

Ajit Jain, Warren Buffett’s insurance chief and top executive, recently sold more than half of his stake in Berkshire Hathaway, according to a new regulatory filing. The 73-year-old vice chairman

September has been a tumultuous month, adding complexity to the Big Tech trade. However, one low-volatility ETF remains optimistic about this sector. Alliance Bernstein is the force behind the AB

GameStop reported mixed second-quarter results, with revenue dropping to $798 million from $1.16 billion a year ago. Despite the revenue decline, the company’s net income rose to 4 cents per

Jamie Dimon, Chairman and CEO of JPMorgan Chase & Co. (JPM), expressed concerns about the possibility of stagflation, despite recent signs of Inflation easing. Speaking at a conference in Brooklyn,

September and October have historically been weaker months for Stocks, dating back to the 1800s. The late summer and early autumn months have seen intense panics on Wall Street, such

Warren Buffett’s investment firm, Berkshire Hathaway, has sold off a significant portion of its Bank of America shares, totaling over $7 billion since mid-July and reducing its stake to 11%.