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Bond traders are betting on Trump. Investors should stay on the sidelines.

The upcoming US presidential election has become one of the most surprising in American history, with President Biden withdrawing his candidacy and endorsing Vice President Kamala Harris as his successor. Key members of the Democratic Party are now united in their support for her nomination. Biden’s decision was widely expected after his poor performance in […]

Pro-Trump money man Bill Ackman seeks investors for new fund

Bill Ackman, the billionaire ally of Donald Trump, has asked shareholders of his Pershing Square fund to back a new investment venture that aims to manage about $25 billion in assets. The 58-year-old hedge fund manager, whose net worth is estimated at $9 billion, wrote the letter seeking support for Pershing Square USA, which plans […]

Computer chip stocks plunge as Biden trade controls, Trump’s Taiwan remarks rattle investors

Shares of major computer chip makers including Nvidia and TSMC continued to fall on Thursday as warnings from both President Biden and Republican nominee Donald Trump rekindled geopolitical concerns among investors. The sell-off came after the Biden administration threatened to impose tough limits on foreign chipmakers’ exports to China and after former President Donald Trump […]

Tesla investors call for judge to reject $7 billion legal fee in Musk’s pay case

Panelists Al Root and Jack Otter discuss how Tesla shareholders voted to reinstate a roughly $50 billion compensation package on Barron’s Roundtable. Tesla shareholders are due to appear in court in Delaware on Monday to ask a judge to reject the company’s “exorbitant” demand for $7 billion in attorneys’ fees to the lawyers leading the […]