Category: Wall
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US Treasury Pick Bessent ‘Is a Fiscal Hawk’: Wall Street Reacts
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(Bloomberg) — Hedge fund boss Scott Besent’s nomination Friday for U.S. Treasury secretary is offering bond investors a glimpse into the incoming administration’s sweeping economic agenda after an extensive search that included several prominent contenders. Most read from Bloomberg The $28 trillion U.S. Treasury market was effectively closed for the…
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Wall Street makes wagers on the likely winners and losers in a second Trump term
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Breadcrumb Trail Links PMN PMN Business Author of the article: The Associated Press Associated Press Published Nov 12, 2024 • 7 minute read You can save this article by registering for free here. Or sign-in if you have an account. Article content NEW YORK (AP) — Wall Street is already…
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Trump Pick? Wall Street Lawyer Richard Farley Considered For SEC Chair
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A major revamp is about to change the regulatory landscape in the United States, and it will all have a lot to do with incoming President Donald Trump and the official he chooses to guide the future direction of the Securities and Exchange Commission. richard farley, He is an experienced…
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Election Day Will Represent an Ominous Turning Point for Wall Street
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In just three days, Americans will head to the polls or mail in their ballots to determine which presidential nominee – current Vice President and Democratic presidential nominee Kamala Harris, or former President and Republican presidential nominee Donald Trump – will lead our great nation. The next four years. Taking…
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Nvidia Stock Could Soar Another 38%, According to 1 Wall Street Firm
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Nvidia (Nasdaq: NVDA) It has been in scintillating form in the stock market in 2024, reaching gains of nearly 180% as of this writing. This is due to the strong growth recorded by the company in recent quarters due to strong demand for graphics cards deployed in artificial intelligence (AI)…
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Stock market today: The owner of Versace and Jimmy Choo just lost half its value in 24 hours—and Wall Street ended its six-week winning streak
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Wall Street called off a six-week winning streak at the market close on Friday, with Treasury yields rising and investors grappling with soaring valuations amid mixed earnings. One of the biggest losers on Friday was Capri Holdings Ltd., which lost nearly half its value after a federal judge blocked its…
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Shiba Inu Price Prediction: SHIB Poised to Hit a Wall as this Altcoin Alternative Blazes Ahead with a 3,000x Run
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SHIB took the cryptocurrency market by storm when the price of the Shiba Inu peaked in 2021. Initially created as a playful alternative to DOGE, it caught the attention of investors and led to such a meteoric rise. However, the hype surrounding the memecoin is waning and it needs help…
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Shiba Inu Price Prediction: SHIB Poised to Hit a Wall as this Altcoin Alternative Blazes Ahead with a 3,000x Run
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SHIB took the cryptocurrency market by storm when the price of the Shiba Inu peaked in 2021. Initially created as a playful alternative to DOGE, it caught the attention of investors and led to such a meteoric rise. However, the hype surrounding the memecoin is waning and it needs help…
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Asian Stocks to Rise After Wall Street Win Streak: Markets Wrap
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Breadcrumb links BMN Business Most Asian stocks are poised to rise in early trading on Monday after Wall Street ended last week on new highs. Article writer: Bloomberg News Matthew Burgess Posted on October 20, 2024 • 3 minutes read You can save this article by registering for free here.…
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Wall Street Giant Morgan Stanley Bets Big On Bitcoin ETF: $272 Million Revealed
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Last January 10, 2024, the SEC finally approved Bitcoin ETF applications for 11 funds, including Fidelity, Grayscale, and Blackrock’s IBIT. Within a month, trading volume increased as more banks, funds and individual traders acquired shares. One market participant that is slowly consolidating its holdings is Morgan Stanley. Recently 13F-HR/A Filing…
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Wall Street Giant Morgan Stanley Bets Big On Bitcoin ETF: $272 Million Revealed
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Last January 10, 2024, the SEC finally approved Bitcoin ETF applications for 11 funds, including Fidelity, Grayscale, and Blackrock’s IBIT. Within a month, trading volume increased as more banks, funds and individual traders acquired shares. One market participant that is slowly consolidating its holdings is Morgan Stanley. Recently 13F-HR/A Filing…
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3 of Wall Street’s Most Influential Stocks Can Plunge if Kamala Harris Wins in November
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Four weeks from today, on November 5, voters will determine the direction our great country will take over the next four years. Although every bill that comes out of Washington, D.C., has no impact on the stock market, the economic proposals that the next president and ultimately Congress put forward…
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There’s a simple reason one of Wall Street’s most bullish strategists expects a 40% rise in the S&P 500 by 2030
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Getty Images; Jenny Zhang Rodriguez/PI Ed Yardeni predicts that the S&P 500 will reach 8,000 by 2030. Yardeni’s prediction is based on a simple analysis of historical growth rates. His bullish forecast is supported by a “Roaring 2020” scenario in which productivity grows. There’s a simple reason why one of…
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Wall Street Isn’t Bitcoin Only – More Crypto ETFs Are Coming
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Nothing stops this train. No, I’m not talking about the Federal Reserve’s money printer, I’m talking about the series of ETF announcements from Wall Street and related cryptocurrency companies serving it this week. I’m talking about hybrid today Ethereum-Bitcoin ETFYesterday XRP ETFAnd what will likely be the 2025 Memecoin ETF…
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Wall Street Isn’t Bitcoin Only – More Crypto ETFs Are Coming
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Nothing stops this train. No, I’m not talking about the Federal Reserve’s money printer, I’m talking about the series of ETF announcements from Wall Street and related cryptocurrency companies serving it this week. I’m talking about hybrid today Ethereum-Bitcoin ETFYesterday XRP ETFAnd what will likely be the 2025 Memecoin ETF…
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Wall Street expert points to bullish target for altcoin poised to outrun SOL, ETH
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Disclosure: This article does not constitute investment advice. The content and materials contained on this page are for educational purposes only. Find out how RCO Finance can achieve a 4,500x return, surpassing Solana and Ethereum by 2025. Despite Ethereum and Solana’s large network, one Wall Street expert insists that the…
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Wall Street expert points to bullish target for altcoin poised to outrun SOL, ETH
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Disclosure: This article does not constitute investment advice. The content and materials contained on this page are for educational purposes only. Find out how RCO Finance can achieve a 4,500x return, surpassing Solana and Ethereum by 2025. Despite Ethereum and Solana’s large network, one Wall Street expert insists that the…
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Wall St closes higher on strong US economic data By Reuters
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Written by Echo Wang (Reuters) – Wall Street’s major indexes closed higher on Thursday, hitting a record high, as a rise in Micron Technology (NASDAQ:) shares and a strong U.S. jobless claims report eased concerns about the labor market. Shares of Micron Technology rose after the memory chip maker forecast…
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Wall Street will get a glimpse into what’s ahead for US chipmakers
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Micron (MU) is the first chipmaker to report quarterly results this earnings season. Its report, due after the close of trading on Wednesday, is set to offer insight into the performance of the semiconductor sector amid high expectations from Wall Street. Micron’s memory chip business has seen a major upswing…
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Wall Street mixed as investors await Fed rate clues, data By Reuters
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By Johann M. Cherian and Purvi Agrawal (Reuters) – Wall Street’s main indexes were mixed on Wednesday, with the index nearing a record high, as investors awaited more clues on the state of the economy and the next interest rate cut. The three main U.S. economic indicators rose to post…