Month: August 2023

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'Big Short' investor Michael Berry reveals his bets against the S&P 500 and Nasdaq-100 — and dramatic changes to his portfolio

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August 15, 2023August 15, 2023 adminadmin

‘Big Short’ investor Michael Berry reveals his bets against the S&P 500 and Nasdaq-100 — and dramatic changes to his portfolio

Michael Bury.Astrid Butars/Getty ImagesMichael Berry placed bearish bets against the S&P 500 and Nasdaq-100 in…
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Berkshire Hathaway bet Warren Buffett on 3 homebuilders

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August 15, 2023August 15, 2023 adminadmin

Berkshire Hathaway bet Warren Buffett on 3 homebuilders

Warren Buffett.Photograph: Rick Wilking/ReutersWarren Buffett's Berkshire Hathaway added three homebuilders to its portfolio last quarter.The…
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China is cutting the rate by the most since 2020 as economic woes worsen

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August 15, 2023August 15, 2023 adminadmin

China is cutting the rate by the most since 2020 as economic woes worsen

(Bloomberg) -- China's central bank unexpectedly cut its key interest rate by the most since…
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Nvidia's stock roar returns, leading the S&P 500, as chips rebound, playing hard

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August 15, 2023August 15, 2023 adminadmin

Nvidia’s stock roar returns, leading the S&P 500, as chips rebound, playing hard

nvidia (NVDA), micron technology (in), steel dynamics (STLD), Teledyne Technologies (TDY) And homogeneous force (MPWR)…
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The future of the Hawaiian Electric Company is in doubt after the billion-dollar collapse

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August 15, 2023August 15, 2023 adminadmin

The future of the Hawaiian Electric Company is in doubt after the billion-dollar collapse

(Bloomberg) -- The Hawaiian Electric Company, which supplies energy to nearly 95% of the state's…
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$138 billion from China's shadow bank spirals into a terrible time for Xi

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August 15, 2023August 15, 2023 adminadmin

$138 billion from China’s shadow bank spirals into a terrible time for Xi

(Bloomberg) - Zhongzhi Enterprise Group Co., Ltd. In 1995 as a timber company, it has…
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Out of options and money, Argentina is hitting the panic button

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August 15, 2023August 15, 2023 adminadmin

Out of options and money, Argentina is hitting the panic button

(Bloomberg) -- Argentina's government has finally hit the panic button.Most Read from BloombergAfter years of…
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The national interest rate rose to 5.90%.

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August 15, 2023August 15, 2023 adminadmin

The national interest rate rose to 5.90%.

After holding it for three weeks or more at 5.75%, today's top CD price nationwide…
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Jim Cramer believes that people who say AI is hype are "just kidding themselves"

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August 14, 2023August 14, 2023 adminadmin

Jim Cramer believes that people who say AI is hype are “just kidding themselves”

2023 has been a strong year for US markets so far, with the S&P 500…
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Eli Lilly stock reaches record high after completing two acquisitions

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August 14, 2023August 14, 2023 adminadmin

Eli Lilly stock reaches record high after completing two acquisitions

main sockets Shares of Eli Lilly hit a record high after the company completed two…
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