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Big Short’s Steve Eisman worries investors are too bullish in 2024
Investor Steve Eisman of “The Big Short” fame is questioning the level of bullishness on Wall Street — even with the market’s tepid start to the year. From enthusiasm surrounding the “Magnificent Seven” technology stocks…
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SPACs wipe out half of their value as investors lose appetite for risky growth stocks
A trader works on the floor of the New York Stock Exchange (NYSE) in New York, June 16, 2022. Brendan McDermid | Reuters SPACs, once Wall Street’s hottest tickets, have become one of the most…
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Tech CEOs tell me they’re sick of spoiled Silicon Valley employees
CNBC’s Jim Cramer on Thursday said that he expects a “tech exodus” from California in the future, with one of the drivers being tech leaders’ dissatisfaction with their employees. Cramer, who has spent the week…
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Tiger Global drops 14% in May during the tech sell-off, pushing hedge fund’s 2022 losses to over 50%
Chase Coleman’s Tiger Global Management suffered huge losses in May amid a tech-driven sell-off, making the hedge fund’s tough 2022 even worse. The growth-focused flagship fund at Tiger Global tumbled 14.3% in May, bringing its…
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Activist investors are hunting targets in the SPAC market, but battles won’t be easy to win
Daniel Loeb, founder and chief executive officer of Third Point LLC Jacob Kepler | Bloomberg | Getty Images (Click here to subscribe to the Delivering Alpha newsletter.) The once red-hot SPAC market is becoming a fertile ground…
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After the latest market wreck, here’s how we decide what stocks to buy now
Traders work on the floor of the New York Stock Exchangein New York, U.S., on Tuesday, March 15, 2022. Michael Nagle | Bloomberg | Getty Images Bargains are addictive. During my teenage years in Boston,…
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5 things to know before the stock market opens Friday, February 18
Here are the most important news, trends and analysis that investors need to start their trading day: 1. Wall Street looks flat after the Dow’s worst day of the year Traders on the floor of…
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5 things to know before the stock market opens Tuesday, February 15
Here are the most important news, trends and analysis that investors need to start their trading day: 1. Stock futures jump after Russia says its pulling back some troops Trader on the floor of the…
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Cramer says anyone selling big tech stocks in premarket is ‘either a machine or an idiot’
Jim Cramer on CNBC’s Halftime Report. Scott Mlyn | CNBC CNBC’s Jim Cramer on Monday warned investors that selling stocks in thin trading during the early morning premarket hours is not a sound strategy. “The…
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February jobs report may cause ‘tsunami of selling’
CNBC’s Jim Cramer said that he was encouraged by the trading activity he saw in tech and growth stocks as the market on Friday continued to grapple with fears that inflation is on the rise.…