BUSINESS

Goldman recommends gold; likes metal amid geopolitical risk, rate cuts

Investors should “go for gold” with the precious metal standing out as the best commodity to hedge against geopolitical and financial risks, according to Goldman

BUSINESS

Warren Buffett’s Berkshire Hathaway sells more Bank of America, has now cut stake by nearly 15%

Warren Buffett speaks during the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska on May 4, 2024.  CNBC (This article is from the Warren Buffett

BUSINESS

A trade for investors long-term bullish on Nvidia, but concerned about a short-term pullback

Nvidia (NVDA) has been at the forefront of the AI-driven market rally over the past 18 months, fueled by its leading position GPUs, essential for

BUSINESS

Russian attacks on Ukraine injure at least 29, local authorities say

Ukrainian emergency services conduct a search and rescue operation among the rubble of a destroyed hotel following a Russian strike in the town of Kramatorsk

BUSINESS

Philadelphia Fed President Harker advocates for interest rate cut in September

Philadelphia Federal Reserve President Patrick Harker on Thursday provided a strong endorsement to an interest rate cut on the way September. Speaking to CNBC from

BUSINESS

Goldman says buy Nvidia with conviction ahead of next week’s earnings

Goldman Sachs is staying bullish on Nvidia ahead of the leading AI chipmaker’s second-quarter earnings announcement on August 28. Nvidia is up by 153% year

BUSINESS

A hedge on chip stocks if the comeback doesn’t hold

After a tremendous bounce in equity markets, I want to prepare for additional volatility, specifically in chips. This volatility of volatility forces me to be

BUSINESS

A trade that wins if the drop in Chipotle after CEO jumps to Starbucks is overdone

Chipotle Mexican Grill (CMG) shares are getting wrecked after its CEO Brian Niccol left to try and turn around Starbucks. CEO transitions are often knee-jerk

BUSINESS

Disney is hoping for a box office rebound built on sequels, prequels and pixie dust

Bob Iger, CEO, The Walt Disney Company appears at the Disney Entertainment Showcase at D23: The Ultimate Disney Fan Event in Anaheim, California on August

BUSINESS

Bitcoin is no digital gold safehaven

Bitcoin is no stranger to volatility or even to 30% “pullbacks” in bull markets. But once in a while the market descends into chaos, reviving