Inflation | iCloud.Info

Beaten down stocks like Carvana and Bed Bath & Beyond are getting a huge boost as risk appetite returns amid the Fed's acknowledgement of falling inflation

Thu, 02/02/2023 - 13:01

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trader, NYSE — Xinhua/Wang Ying/ Getty Images

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Meta stock could jump 30% as Mark Zuckerberg sobers up on his metaverse ambitions and focuses on other initiatives, Gene Munster says

Thu, 02/02/2023 - 12:50

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Mark Zuckerberg showing his 'metaverse' avatar during Connect 2021

Facebook

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US stocks trade mixed while Facebook parent Meta leads rally in tech sector

Thu, 02/02/2023 - 09:42

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Meta announced its plan to layoff 11,000 workers on Wednesday.
Carlos Barria/REUTERS

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The European Central Bank has raised interest rates for the 5th time in a row, sticking to its inflation fight

Thu, 02/02/2023 - 08:26

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ECB — The European Central Bank raised interest rates by 50 basis points Thursday as it continues its battle against inflation.
Ralph Orlowski/Getty Images

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ChatGPT has gone viral. Now Wall Street is flocking to AI.

Thu, 02/02/2023 - 06:35

Tech Insider

Hi. I'm Phil Rosen. Today's newsletter covers everything you want to know about how the viral ChatGPT language tool is colliding with the world of Wall Street.

But first let's recap the Fed's 25-basis-point interest rate hike.

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Fed's Jerome Powell 'didn't fight back' against the stock market with his confident stance on inflation, says 'Bond King' Jeffrey Gundlach

Thu, 02/02/2023 - 06:03

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DoubleLine CEO Jeffrey Gundlach speaking at the 2015 Delivering Alpha event. — DoubleLine CEO Jeffrey Gundlach speaking at the 2015 Delivering Alpha event on July 15, 2015.
David A. Grogan/CNBC/NBCU Photo Bank/NBCUniversal via Getty Images

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Americans could save $9 billion a year through Biden's new proposal that would slash credit card late fees

Wed, 02/01/2023 - 12:32

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'Black Swan' author Nassim Taleb warns stocks are hugely overvalued, and the easy-money era is over for investors

Wed, 02/01/2023 - 09:55

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Billionaire 'bond King' Jeffrey Gundlach says the Fed will likely push back on the market's narrative that it will soon cut interest rates

Wed, 02/01/2023 - 09:34

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US stocks slip as investors brace for an 8th consecutive Fed rate hike

Wed, 02/01/2023 - 09:32

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Jerome Powell speaks at a Fed meeting — Federal Reserve Board Chair Jerome Powell.
Elizabeth Frantz/Reuters

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