Economist warns Wall Street of big mistake over Trump
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BlackRock, which manages around $10 trillion worth of assets for investors, spearheaded Wall Street’s campaign to bring a long-awaited spot bitcoin ETF to market in 2023, with a fleet of funds debuting in January 2024 that now hold 1.2 million bitcoin worth around $140 billion.
Asian shares are mixed in cautious trading Friday after Wall Street closed at an all-time high with Delta Air Lines kicking off earnings season with a solid outlook for the rest of 2025, spurring an airline stock rally.
The chipmaker extended its winning streak to a seventh consecutive week — and the 11th in the last 12 — nearly doubling its share price from early April lows in just over three months.
Wall Street indexes closed higher on Wednesday, led by the tech-heavy Nasdaq as Nvidia briefly reached a $4 trillion valuation, and Federal Reserve meeting minutes fueled hopes that inflation pressures from President Donald Trump's tariffs would not derail interest rate cuts this year.
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Today’s Forbes Daily features new Canada tariffs, Ferrero’s $3.1 billion Kellogg deal, bitcoin's all-time high, Grok is coming to Tesla vehicles and more.
Stocks have clawed their way to another record high this week as investors continued to extend increasingly precarious bets on trade.
Shares of Royal Caribbean Group were hovering just below record levels on Wednesday, after the new most bullish analyst on Wall Street said they still have a lot further to rally.
Financial market participants have pushed out yet again the end date for the effort to shrink the size of the Federal Reserve's large balance sheet, the minutes of the U.S. central bank's June 17-18 policy meeting showed on Wednesday.
Goldman Sachs led a parade of Wall Street firms boosting their price targets on the biggest AI-focused stocks.
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When that happens, Wall Street may see a dramatic resurgence of two types of stocks that have been left on the sidelines recently: small-company stocks and so-called value stocks, meaning the stocks of less glamorous, slower-growing companies that also happen to be reasonably cheap in relation to their earnings, dividends and net assets.