(Bloomberg) — Equity investors who piled into financial stocks to ride out the harshest Federal Reserve tightening cycle in four decades are getting a reminder that surging interest rates aren’t...
Tag: streets
Wall Street’s most successful hedge fund just politely told Fed Chair Jay Powell to shut up
If there was one piece of advice the boss of hedge fund Citadel LLC would give to the Federal Reserve, it would be to stop talking so much. Every time Fed Chair Jay Powell opens his mouth to discuss a...
U.S. stock futures retain Wall Street’s rally ahead of Powell testimony and jobs data
U.S. stock futures were steady early Monday, holding their latest rally ahead of testimony from Federal Reserve Chair Jerome Powell and crucial jobs data later in the week. How are stock-index futures...
Ignore Wall Street’s gloom. Stocks do better when earnings fall: strategist
Adios to February, which disappointed many stock investors who enjoyed a bullish start to the year. But fears of a bigger meltdown by those swept up in Wall Street gloom may be in vain, says our call ...
Wallet Tied to Terra’s UST Depeg Identified to be Jane Street’s: Research
The implosion of Terra last summer still haunts the crypto industry. Numerous post-mortem reports have gone into detail about the wallets that contributed to the collapse while simultaneously adding c...
Mistrust of Xi Endangers One of Wall Street’s Favorite Trades
(Bloomberg) — After triggering a years-long exodus of foreign investors from Chinese markets, President Xi Jinping looked like he’d cracked the formula to revive his economy and lure back global...
Wall Street’s top strategist warns stocks have climbed into the ‘death zone’ where ‘they shouldn’t go and cannot live very long’
Investors have their heads in the clouds—or buried in the sand—and are running out of time to salvage their returns before risking a “catastrophic” end, a Morgan Stanley strategist has war...
Sale of bankrupt crypto lender Celsius to Wall Street’s NovaWulf
The Celsius Network committee of unsecured creditors has put forward a filing to sell the company to NovaWulf Digital Management. Plan to sell off Celsius assets A filing has been presented to the U.S...
Wall Street’s frozen market is thawing after stock rally
Traders work on the floor of the New York Stock Exchange on Wall Street in New York City. Angela Weiss | Afp | Getty Images Wall Street just pulled off its biggest IPO in four months, giving bankers h...
How Ares Management Turned Private Credit Into Wall Street’s Sexiest Business
Megadeals and private equity titans may dominate the headlines, but Los Angeles’ Ares Management has quietly amassed $352 billion in assets by offering steady returns regardless of what happens in the...
Some of Wall Street’s biggest names are exposed to the Adani Enterprises plunge
Chairperson of Indian conglomerate Adani Group, Gautam Adani, speaks at the World Congress of Accountants in Mumbai on November 19, 2022. Indranil Mukherjee | AFP | Getty Images Shares of India’...
Wall Street’s Most Connected Black Woman Has An Ingenious Idea To Narrow The Wealth Gap
This story appears in the December/January 2023 issue of Forbes Magazine. Subscribe To boost more talented minority executives into the corporate stratosphere, Ariel Investments’ Mellody Hobson wants ...
Walls Street’s Investment Frenzy in Crypto Proves It’s Time to Buy
The world of finance is constantly evolving, and the latest trend that has caught the attention of Wall Street institutions is the rise of crypto. Despite the many challenges and controversies that ha...
Archer Daniels Midland blows past Wall Street’s profit and revenue estimates
Archer Daniels Midland Co. ADM, -1.24% said Thursday its fourth-quarter profit rose to $1.02 billion, or $1.84 a share, from $782 million, or $1.38 a share, in the year-ago quarter. Adjusted earnings ...
One of Wall Street’s most feared short-selling research firms just accused Asia’s richest man of a multibillion-dollar fraud
Asia’s wealthiest person saw his fortune take a hit on Wednesday, after a famed U.S. short-seller accused him of “pulling the largest con in corporate history.” In a report published on Tuesday, Hinde...
3 ‘Strong Buy’ Stocks From One of Wall Street’s Best Analysts
Finding the right stock is the key to successful investing, but it’s never as easy as it sounds. The answer to the question, which stock to buy? is no secret, but it is hidden, in the avalanche of dat...
One of Wall Street’s biggest bulls last year says he’s learned his lesson and isn’t chasing stocks right now
The young new year has been all about reversion to the mean. Take the ARK Innovation ETF ARKK, -2.94% — Cathie Wood’s flagship fund of mostly unprofitable tech companies has stormed 19% higher in 2023...
‘Wolf Of All Streets’ warns Grayscale collapse would trigger ‘massive selling event’ for Bitcoin
With the battered cryptocurrency industry only recently starting to recover from the collapse of several of its major companies, questions are arising as to whether the market and its assets could tak...
Wall Street’s ‘fear gauge’ flashes warning that stocks might be headed off a cliff
Wall Street’s fear gauge has fallen to its lowest level in months, and Wall Street strategists are concerned it could be a warning that the latest stock-market rally is coming to an end. Specifically,...
Wall Street’s Lucrative Leveraged-Debt Machine Is Breaking Down
(Bloomberg) — One of the most lucrative money-making machines in the world of finance is all clogged up, threatening a year of pain for Wall Street banks and private-equity barons as a decade-lo...
Wall Street’s top strategist Mike Wilson warns investors to brace themselves for stocks to plummet more than 20%
Stocks could be about to tumble more than 20%, according to one of the most successful strategists on Wall Street—but he warned on Tuesday that investors aren’t prepared for how bad things could get. ...
Wall Street’s sleuth of bears is growing
This story was originally published on TKer.co Stocks kicked off the new year on a positive note, with the S&P 500 climbing 1.4% last week. The index is now up 8.9% from its October 12 closing low...
Bond Rally Gives Early Win to Wall Street’s 2023 Yield-Curve Bet
(Bloomberg) — Bond-market bulls are getting an early taste of what they expect to be a winning trade of 2023. Most Read from Bloomberg On Friday, shorter-dated Treasuries led a broad market rall...
Wall Street’s Top Bear Sees Another Big Down Year for S&P 500
(Bloomberg) — Equity investors hoping for a reprieve in the new year after a brutal 2022 are likely to be disappointed, according to Michael Kantrowitz at Piper Sandler & Co. Most Read from ...
Why Wall Street’s Analysts Think Now Is the Time to Buy Bitcoin
Alex Dovbnya Will Bitcoin bounce back? Analysts at Bernstein have joined the chorus of crypto bulls Despite the bearish forecasts of market technicals, Bernstein analysts remain optimistic that Bitcoi...
Wall Street’s Top Stars Got Blindsided by 2022 Market Collapse
(Bloomberg) — Marko Kolanovic and John Stoltzfus, two of the loudest stock bulls on all of Wall Street, were convinced of one thing at the outset of 2022: The Federal Reserve would go slow, very...
Wall Street’s 2022 stock market forecasts were way off. Here’s what they see in 2023.
This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Wednesday, December 28, 2022 Today’s newslet...
Wall Street’s Big Banks Score $1 Trillion of Profit in a Decade
(Bloomberg) — Malick Diop felt something shifting on Wall Street. Most Read from Bloomberg He’d joined Morgan Stanley in the grim days of 2009, when big banks were trying to pay back taxpayer ba...
11 high-yield dividend stocks that are Wall Street’s favorites for 2023
Investors love dividend stocks but there are different ways to look at them, including various “quality” approaches. Today we are focusing on high yields. A high dividend yield can be a warning that i...