Traders work at the post where GameStop is traded on the floor at the New York Stock Exchange on June 12, 2024. Brendan McDermid | Reuters Michael Burry, the investor made famous by his bet against the U.S. housing market ahead of the financial crisis, disclosed that he has been buying shares of one-time meme…
Thomas Fuller | Lightrocket | Getty Images USA Rare Earth shares rallied on Monday after the critical minerals startup announced that the Department of Commerce will take an equity stake. Commerce has issued a letter of intent that would provide USA Rare Earth with a $1.3 billion loan and $277 million in federal funding. USA…
People crossing the street in Shibuya, Tokyo. Maydays | Moment | Getty Images Asia-Pacific markets traded mixed Monday as investors assessed ongoing geopolitical concerns. On Sunday stateside, Canadian Prime Minister Mark Carney said that his country has no intention of pursuing a free trade agreement with China, after U.S. President Donald Trump threatened to impose…
One kilogram gold bars stacked at the Perth Mint Refinery, operated by Gold Corp. Matt Jelonek | Bloomberg | Getty Images Gold climbed to a fresh all-time high, crossing $5,000 an ounce on Monday and extending its record-breaking run as investors seek the safety of the yellow metal amid rising geopolitical tensions and global fiscal…
I like the setup this week, especially for Big Tech, barring another intrusion by our intrusive president. Apologies to people who wish I would call his fits of pique more offensive. These injudicious, blunt-force tariffs do get undone almost as quickly as they are slapped on, thank heavens. How is it possible, ahead of a…
While the Northeast and other parts of the country are digging out from a big winter storm, the temperature in the markets is set to heat up on Wall Street this week. Make no mistake, the earnings storm is coming our way, with about one-fifth of the S & P 500 set to report their…
Vcg | Visual China Group | Getty Images Wall Street analysts guide investors with their research and useful insights, but some consistently outperform others with strong, accurate calls. TipRanks, a platform that tracks and ranks analysts based on the accuracy and success of their recommendations, has released its list of analysts who stood out in…
CAROL LOOMIS: To what extent do the changing dynamics in the consumer food market change your view on the long-term potential for Kraft Heinz? WARREN BUFFETT: Yeah, actually, what I said was, we paid too much for Heinz — I mean Kraft — I’m sorry — the Heinz part of the transaction, when we originally…
It was a tumultuous week for investors. President Donald Trump ‘s threat to increase tariffs on eight European countries for opposing his bid to take over Greenland sent the stock market into a tailspin on Tuesday, with the S & P 500 and Nasdaq posting their worst days since October. Both averages rebounded the next…
A federal agent cordons off the area as people gather at the scene of a shooting involving federal immigration agents in Minneapolis, Minnesota, on Jan. 24, 2026. Tim Evans | Reuters Minnesota Gov. Tim Walz on Saturday called on President Donald Trump to end sweeping Immigration and Customs Enforcement (ICE) operations in the state after…
