Live Updates Uber Membership Quietly Hits 30 Million Users3:47pm ETUber’s membership program now boasts 30 million users, with penetration above 60% in delivery and even higher in some markets. Members spend 3x…
David Moadel Live Updates No News Is Good News4:18pm ETThe trading day has ended, and the Federal Reserve meeting, too. As expected, the Fed once again decided to leave interest rates unchanged at a…
Nvidia‘s (NASDAQ:NVDA | NVDA Price Prediction) surprising reveal of a $25 million investment in Chinese autonomous vehicle leader WeRide (NASDAQ:WRD) sent the startup’s stock soaring. Having only gone public last October, WRD…
Troubled rental car agency Hertz (NASDAQ:HTZ) was thrown a lifeline of sorts when billionaire investor Bill Ackman revealed his Pershing Square Capital Management hedge fund had acquired a 20% stake in the…
Live Updates Wall Street Is Bullish on This Mag 7 Stock 1:13pm ETGerelyn Terzo The SPY ETF is up about 0.55% on the day and can thank the technology sector for the…
Retirement goals are different for everyone. Very high wage earners might want to have tens of millions of dollars set aside so they can continue enjoying the lifestyle they’ve grown accustomed to,…
The industrial sector finally got some good news after weeks of pains as investors sold international conglomerates on trade fears. However the markets cheered President Trump’s unexpected tariff pivot after days of…
The stock market has been on edge since the announcement of tariffs, reporting its biggest loss since March 2020. The damage continues and about 80% of the S&P 500 companies were in…
The Nasdaq exchange had been under pressure in early trading on Wednesday after Tesla (NASDAQ:TSLA | TSLA Price Prediction) missed big on first-quarter deliveries came in weaker than expected, but gained strength…
Nvidia (NASDAQ:NVDA | NVDA Price Prediction) shocked the market last month by disclosing it had dumped all of its shares in artificial intelligence voice recognition expert SoundHound AI (NASDAQ:SOUN), Serve Robotics (NASDAQ:SERV),…
Forbes estimates Egerton Capital CIO John Armitage’s net worth is $1.5 billion. Armitage co-founded the UK-based hedge fund in 1994. According to LCH Investments, the firm has generated $23.9 billion in net…
Bill Ackman, the legendary billionaire hedge fund manager over at Pershing Square Capital Holdings, has a new position, and it’s caused quite the bullish crowd to come herding over. Undoubtedly, if Bill…
Joey Frenette Shares of WeRide (NASDAQ:WRD) are rocketing 66% higher in morning trading after Nvidia (NASDAQ:NVDA | NVDA Price Prediction) took a 1.7 million-share stake in the company worth $24.65 million. The stock of…
Go big or go home. Billionaire investor Bill Ackman of Pershing Square Capital Management takes that sentiment to heart. His hedge fund has some $13 billion in assets under management, but he…
With the bull market still stampeding higher, the stock market is more expensive than at any time since just before the dot-com implosion in 2000. When the rising tide has lifted all…
