Rate Cut Mania Now Crushing Stocks after Whipping Stocks into Frenzy or Whatever. Mag 7 Down $2.5 Trillion from Peak, Nasdaq Bloodied, Semis Crushed – WOLF STREET
A 4% drop puts the Nasdaq back to where it was in November 2021. Amazon, Tesla and Alphabet are already back to levels from 3-4 years ago. Nvidia is -24% from its peak. From WOLF STREET by Wolf Richter. The rate cut is coming, and will take effect on September 18. The stock market dream […]
Wall Street Donors Beg Kamala Harris to Fire FTC Trust-Buster Lina Khan
Wall Street donors who fund Vice President Kamala Harris' presidential campaign are begging her to fire Lina Khan, the nation's top trust buster at the Federal Trade Commission, after the donors complained that Khan is slowing down corporate mergers that would benefit them. According to a Bloomberg report, “major donors” to Harris' campaign have already […]
Wall Street hits session low, yields fluctuate as market digests mixed August jobs report – Seeking Alpha
U.S. stocks came under downward pressure on Friday and Treasury yields were slightly more volatile after mixed August jobs data sparked a debate over the size of interest rate cuts the Federal Reserve plans to make later this month. Futures initially pared losses before the open after the nonfarm payrolls data was released. Meanwhile, Treasury […]
Exclusive: Police catch street artist Sabo; court date looms
Rest assured, citizens, police in Aurora, Colorado have arrested the perpetrator. It's unclear what's happening with the violent Venezuelan gang members who have taken over the entire apartment building, but the only artist who has called attention to the crisis has been arrested. A little over a week ago, residents of a small town outside […]
Top Wall Street rainmaker left Evercore after ‘affair’ with younger banker: sources
A top Wall Street dealmaker has left an elite New York investment bank after his bosses discovered he was having an affair with a younger colleague on his team, The Washington Post has learned. Adam Teitle has resigned as a senior managing director at Evercore, which was founded by Democratic Party leader Roger Altman, following […]
‘She had no idea who I was’: Clueless news anchor asks UFC champion if he does ‘street fighting’ in painful interview
UFC welterweight champion Belal Muhammad endured a bizarre interview with a local news station in which the hosts seemed to have no idea who he was. Muhammad recently claimed champion status at UFC with a dominant win over Leon Edwards. 304Taking a literal victory march, Muhammad stopped by WGN News in his hometown of Chicago […]
Brazen vagrant allegedly punches California mayor, city official in ‘random’ attack on street with police chief nearby
A homeless man attacked a California mayor and then punched a city council member in the head in broad daylight, a city council member said. Fox News Digital. On August 22, Mayor Chris Branscome, City Councilman Dom Belza, Police Chief Christian Sachs and two council staffers walked the streets of Marysville, California, a city of […]
Global stocks tumble after Wall Street drops on worries about the economy
Global stocks plummeted on Wednesday as Wall Street suffered its worst day since early August, with major player Nvidia falling 9.5% and leading a global sell-off in semiconductor stocks. France's CAC 40 was down 0.8% at 7,513.31 at the open, while Germany's DAX was down 0.8% to 18,607.62. Britain's FTSE 100 also fell 0.8% to […]
Drug dealer duo’s ‘delivery service’ ferried cocaine from Brooklyn to high-end Hamptons – for 3 times the street price: DA
Prosecutors said Thursday that the drug-dealing duo ran a cocaine “delivery service” from Brooklyn to Montauk, catering to upscale Hamptons customers willing to pay three times the street price for the powdered drug. According to prosecutors and the 74-count indictment filed against the pair, Alexander Dyatin and Michael Khodorkovsky hid cocaine and MDMA in Mercedes […]
2 Stock-Split Stocks to Buy Before They Soar 50% and 112%, According to Certain Wall Street Analysts (Hint: Not Nvidia) – Yahoo Finance
Stock splits are popular with investors because they make shares more affordable and put the spotlight on high-performing stocks, and because stock splits are only necessary after a large and sustained increase in a stock price, which in itself is often a sign of a company with strong financial position and promising growth prospects. NVIDIA […]