Wall Street investment firms are taking advantage of the booming artificial intelligence (AI) industry by providing financing deals backed by AI chips. Graphics-processing-unit (GPU) chips are essential for the development and deployment of advanced AI models, The Wall Street Journal (WSJ) reported Tuesday (May 21). A recent surge in private-debt financing deals, such as CoreWeave’s $7.5 billion […]
Wall Street's Biggest Bear, Mike Wilson, Finally Capitulates Almost one thousand points higher and almost a year after he said to short the S&P at 3,900 in December 2022, Mike Wilson - who along with JPM's Marko Kolanovic was the most steadfast bear on Wall Street - has finally capitulated. Recall that last October, just around the time we and a handful of others said a major market meltup was coming - and it turned out to be the biggest such meltup in history - Morgan Stanley's...
Nvidia (NVDA) reports its fiscal first-quarter earnings results after the closing bell on Wednesday, May 22. The chip giant has powered market rallies in early 2024 and could very well pull off another one based on how investors feel about its Q1 performance. Market Domination Host Jared Blikre reviews Wall Street's price targets on Nvidia ahead of its earnings. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written...
TipRanks' analyst ranking service pinpoints Wall Street's best-performing stocks, including Walmart and Monday.com.
Billionaire investor, who had turned his back on former president, says he
Nvidia on Deck, Wall Street Gains Pre-Bell; Asia, Europe Up-- Wall Street futures pointed modestly higher pre-bell Monday as traders digested the waning earnings season. Nvidia will report earnings after-bell Wednesday. Lowe's , PDD and Intuit will also
Ivan Boesky, the one-time Wall Street tycoon, convicted fraudster and inspiration for the Gordon Gekko character in "Wall Street" died Monday in his California home, his family confirmed. He was 87 years old.Boesky was once considered one of the richest and most influential risk-takers on Wall Street during the high-flying 1980s. The financier parlayed $700,000 from his late mother-in-law's estate to start his own wildly successful arbitrage firm before his career imploded when he was charged...
(Bloomberg) -- One of Wall Street’s most prominent bears has just turned positive on the outlook for US stocks.Most Read from BloombergIran State TV Says ‘No Sign of Life’ at Helicopter Crash SiteSpeedier Wall Street Trades Are Putting Global Finance On EdgeSaudi Crown Prince Postpones Japan Trip Over King’s HealthEbrahim Raisi, Iranian President Confronting West, Dies at 63China’s Housing Rescue Too Small to End Crisis, Analysts SayMorgan Stanley’s Michael Wilson now sees the S&P 500 rising 2%
Ahead of Nvidia (NASDAQ:NVDA)'s earnings release on Wednesday, May 22,
TipRanks' analyst ranking service pinpoints Wall Street's best-performing stocks, including Realty Income and Ares Capital.
The CEO of one of the largest private-credit firms defended the industry and how it will act in times of stress.
Peter Navarro, a former Trump aide in prison amidst politically charged lawfare, spoke out in an interview about the competing interests of Wall Street and Main Street.