Stanley Druckenmiller says he's ‘licking my wounds’ from selling Nvidia too soon -Billionaire investor Stanley Druckenmiller told Bloomberg on Wednesday that selling all his Nvidia stock this year was a “big mistake.” -Nvidia was Druckenmiller's top holding a year ago, but he sold it after the stock tripled in 2023. -The shares are up another 174% this year, and Druckenmiller has missed much of the continuing rally. Stanley Druckenmiller is an American billionair...
Morning Movers Gapping up $Tesla (TSLA.US)$stock rose by 1.23%, recovering from a sharp selloff the previous week. The rise came despite disappointment from investors over the lack of details at the EV manufacturer's recent robotaxi event. Crypto-related stocks experienced an uptick as Bitcoin surged past $64,000 at the beginning of the week. Building on gains from the previous session,$MicroStrategy (MSTR.US)$saw increases...
$Dow Jones Industrial Average (.DJI.US)$ Stocks ended higher Wednesday after July’s Consumer Price Index showed falling U.S. inflation, keeping market hopes alive for Federal Reserve interest-rate cuts. The gains allowed the S&P 500 to recoup all losses from its Aug. 2-5 meltdown. The$S&P 500 Index (.SPX.US)$gained 20.78 points (0.4%) to end at 5,455.21 – higher than the 5,446.68 that it closed at on Aug. 1 just prior to a two-session sell...
Stocks ended higher Wednesday after July's Consumer Price Index showed falling U.S. inflation, keeping market hopes alive for Federal Reserve interest-rate cuts. The gains allowed the S&P 500 to recoup all losses from its Aug. 2-5 meltdown. The$S&P 500 Index (.SPX.US)$gained 20.78 points (0.4%) to end at 5,455.21 – higher than the 5,446.68 that it closed at on Aug. 1 just prior to a two-session sell-off...
Stocks traded mostly higher but fairly flat Wednesday afternoon after July's Consumer Price Index showed U.S. inflation seemingly moderating, potentially paving the way for the Federal Reserve to cut interest rates at its September meeting. The$Dow Jones Industrial Average (.DJI.US)$gained 225.89 points (0.6%) to trade at 39,991.53 shortly as of 2 p.m. ET, while the$S&P 500 Index (.SPX.US)$added 7.92 ticks (0.2%) t...
Stocks traded mostly lower Wednesday morning even as tame July Consumer Price Index data came in mostly as expected, seemingly paving the way for the Federal Reserve to give equities investors the interest-rate cuts that they’ve been hoping for. The$Nasdaq Composite Index (.IXIC.US)$taded lower by 82.55 points (0.5%) as of 10 a.m. ET, while the$S&P 500 Index (.SPX.US)$shed 8.11 ticks (0.2%) to 5,426.32. Only the$Dow Jones Industrial Average (.DJI.US)$traded hi...
Morning Movers Gapping up $Gap Inc (GPS.US)$stock surged 23% as the clothing retailer increased its full-year sales outlook, signaling that its turnaround efforts may be gaining traction. $Zscaler (ZS.US)$stock climbed 15% following the cloud security company's report of robust quarterly earnings and an upward revision of its guidance. $Ambarella (AMBA.US)$stock soared 20% after the chip designer posted a smaller-than-expected ...
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-Billionaire investor Stanley Druckenmiller told Bloomberg on Wednesday that selling all his Nvidia stock this year was a “big mistake.”
-Nvidia was Druckenmiller's top holding a year ago, but he sold it after the stock tripled in 2023.
-The shares are up another 174% this year, and Druckenmiller has missed much of the continuing rally.
Stanley Druckenmiller is an American billionair...
Gapping up
$Tesla (TSLA.US)$ stock rose by 1.23%, recovering from a sharp selloff the previous week. The rise came despite disappointment from investors over the lack of details at the EV manufacturer's recent robotaxi event.
Crypto-related stocks experienced an uptick as Bitcoin surged past $64,000 at the beginning of the week. Building on gains from the previous session, $MicroStrategy (MSTR.US)$ saw increases...
Stocks ended higher Wednesday after July’s Consumer Price Index showed falling U.S. inflation, keeping market hopes alive for Federal Reserve interest-rate cuts. The gains allowed the S&P 500 to recoup all losses from its Aug. 2-5 meltdown.
The $S&P 500 Index (.SPX.US)$ gained 20.78 points (0.4%) to end at 5,455.21 – higher than the 5,446.68 that it closed at on Aug. 1 just prior to a two-session sell...
The $S&P 500 Index (.SPX.US)$ gained 20.78 points (0.4%) to end at 5,455.21 – higher than the 5,446.68 that it closed at on Aug. 1 just prior to a two-session sell-off...
The $Dow Jones Industrial Average (.DJI.US)$ gained 225.89 points (0.6%) to trade at 39,991.53 shortly as of 2 p.m. ET, while the $S&P 500 Index (.SPX.US)$ added 7.92 ticks (0.2%) t...
The $Nasdaq Composite Index (.IXIC.US)$ taded lower by 82.55 points (0.5%) as of 10 a.m. ET, while the $S&P 500 Index (.SPX.US)$ shed 8.11 ticks (0.2%) to 5,426.32. Only the $Dow Jones Industrial Average (.DJI.US)$ traded hi...
You all know that the 2024 Olympic Games are just around the corner (July 26) and there are probably opportunities to be made in sport gambling company: $Gambling (LIST2094.US)$ and sport clothing companies: $Apparel Retail (LIST2494.US)$ - $Apparel Manufacturing (LIST2049.US)$. But while looking at different stocks, I discovered the “Dow Jones U.S. Gambling Index” which I didn't know b...
Gapping up
$Gap Inc (GPS.US)$ stock surged 23% as the clothing retailer increased its full-year sales outlook, signaling that its turnaround efforts may be gaining traction.
$Zscaler (ZS.US)$ stock climbed 15% following the cloud security company's report of robust quarterly earnings and an upward revision of its guidance.
$Ambarella (AMBA.US)$ stock soared 20% after the chip designer posted a smaller-than-expected ...
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