‘Best idea…ever’: Fund manager predicts 10-fold rise in this e-commerce stock
Hedge fund manager says the stock, which currently has a billion-dollar valuation, could be worth $10 billion in two to three years.
Dow rallies 700 points for best day in more than a year, Russell 2000 small-cap index jumps 3%: Live updates
The bull market broadened out further on Tuesday with industrial and small cap shares soaring.
BlackRock’s ETF business just keeps growing, but the search for revenue goes on
Larry Fink’s gamble on Barclays’ iShares ETF business has proven to be one of the greatest financial investments of all time.
A big European asset manager trims Nvidia shares after huge rally
DNB Asset Management, a Nordic fund giant, dumped a sizable portion of its Nvidia stake after the chip giant’s stunning 2024 run.
Crypto stocks like Coinbase and MicroStrategy soar, mirroring rally in bitcoin
Shares of Coinbase, MicroStrategy and Riot Platforms surged on Monday as bitcoin hits a two-week high.
BlackRock’s Larry Fink says he’s a ‘major believer’ in bitcoin, is worried about government deficits
The BlackRock CEO discussed cryptocurrency and government spending on CNBC’s “Squawk on the Street.”
Markets expected to get a short-term boost after Trump survives shooting
U.S. stocks are expected to get a short-term boost in the aftermath of the failed assassination of former president Donald Trump over the weekend.
With odds of a Trump win rising, here’s what it could mean for Europe’s economy
The euro area’s economy, including the zone’s gross domestic product, could be impacted if Donald Trump were to win the election, according to Goldman Sachs.
Bitcoin jumps as markets see increased odds of election victory for pro-crypto Trump
Investors said over the weekend they expected so-called “Trump victory trades” to receive a boost.
Burberry shares drop 16% after the luxury giant issues profit warning and replaces CEO
Shares in Burberry plunged Monday after a disappointing first-quarter performance led it to issue a profit warning, replace its CEO and axe its dividend.
