Stanley Druckenmiller says he’s ‘licking my wounds’ from selling Nvidia too soon
In an interview with Bloomberg on Wednesday, billionaire investor Stanley Druckenmiller said selling his Nvidia stock this year was a “big mistake.”
Bitcoin tests $68,000, its highest level since July: CNBC Crypto World
CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what’s ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry….
Watch out. Analysts have been cutting earnings estimates on these stocks reporting next week
Several stocks, like Tesla and Centene, have seen their earnings estimates cut by at least 10% over the past three and six months.
U.S. crude oil falls below $71 per barrel, continuing sell-off
Israel reportedly told the U.S. that it will not strike Iran’s oil facilities.
Forget tech and utilities. There’s about to be a new best sector for 2024
The financial sector is rallying late in the year, helped by strong bank earnings.
Bitcoin hits highest level since July, boosting other coins and crypto-related stocks
The price of bitcoin neared $68,400 on Wednesday, its highest since July, sparking a rally in other cryptocurrencies and related equities.
UK’s ultra-rich non-doms urge Italian-style tax regime to prevent wealth exodus
Britain’s ultra-rich non-doms are urging the government to introduce an Italian-style flat-tax regime to prevent a wealth exodus as their preferential status comes under threat in the budget.
Amazon goes nuclear, to invest more than $500 million to develop small modular reactors
Amazon is the latest large tech company to buy into nuclear power to fuel the growing demands from data centers.
ASML just gave us a first glimpse into how U.S. chip export curbs will dent its China sales
ASML on Tuesday offered the first glimpse into how U.S. restrictions on exports of its advanced chip manufacturing tools to China will impact its sales in the Asian country.
Airbus to cut up to 2,500 jobs in defense and space
Airbus announced plans on Wednesday to cut up to 2,500 jobs in its Defence and Space division, citing a “complex business environment.”
