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Investment strategy

Stanley Druckenmiller cut his Nvidia stake in late March, says AI may be a bit overhyped short term

by Adrian Jhonsan
Stanley Druckenmiller cut his Nvidia stake in late March, says AI may be a bit overhyped short term

Stanley Druckenmiller, Duquesne Family Office, at CNBC’s Delivering Alpha, Sept. 28, 2022. Scott Mlyn | CNBC Billionaire investor Stanley Druckenmiller revealed Tuesday that he has slashed his big bet in chipmaker …

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What we know about the consumer so far

by Adrian Jhonsan
What we know about the consumer so far

A customer walks through The Home Depot store on February 20, 2024 in Austin, Texas.  Brandon Bell | Getty Images The state of the consumer in 2024 is already taking …

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Citigroup CEO Jane Fraser says low-income consumers are more cautious

by Adrian Jhonsan
Citigroup CEO Jane Fraser says low-income consumers are more cautious

Citigroup CEO Jane Fraser said Monday that consumer behavior has diverged as inflation for goods and services makes life harder for many Americans. Fraser, who leads one of the largest …

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Exxon says Chevron feud over Hess Guyana assets could drag into 2025

by Adrian Jhonsan
Exxon says Chevron feud over Hess Guyana assets could drag into 2025

Darren Woods, chairman and chief executive officer of Exxon Mobil Corp, speaks during the 2024 CERAWeek by S&P Global conference in Houston, Texas, US, on Monday, March 18, 2024.  F. …

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Chevron CEO says natural gas demand will outpace expectations

by Milton Acorn
Chevron CEO says natural gas demand will outpace expectations

Natural gas demand will likely outpace expectations as electricity consumption surges from artificial intelligence and data centers, Chevron CEO Mike Wirth told CNBC on Monday. “It’s a little hard to …

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Categories Science

Robinhood says SEC could pursue enforcement actions over crypto operations

by Adrian Jhonsan
Robinhood says SEC could pursue enforcement actions over crypto operations

Omar Marques | Lightrocket | Getty Images The Securities and Exchange Commission could soon pursue enforcement action against Robinhood, according to the trading firm. Robinhood disclosed in a filing Monday …

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Brent, WTI gain after last week’s losses

by Milton Acorn
Brent, WTI gain after last week’s losses

Palestinians, including children, collect usable belongings in the heavily damaged buildings after Israeli attacks in Rafah, Gaza on February 12, 2024. Building targeted in the Israeli attacks and surrounding structures …

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Categories Science

European markets open to close, earnings, data and news

by Adrian Jhonsan
European markets open to close, earnings, data and news

LONDON — European markets advanced Monday as traders continued to assess the possibility of rate cuts after softer-than-expected U.S. jobs data. The French CAC 40 was up 0.5%, German DAX …

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Women farmers are often key decision-makers

by Adrian Jhonsan
Women farmers are often key decision-makers

Rebekah Alstede Modery, left, and Sarah Alstede, sisters and co-owners of Alstede Farms in Chester, New Jersey. Courtesy: Alstede Farms Sisters Rebekah Alstede Modery and Sarah Alstede were raised on …

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Previous mistakes shape my thinking on our latest stock gone wrong

by Adrian Jhonsan
Previous mistakes shape my thinking on our latest stock gone wrong

When you make a mistake in this business you can do one of two things: You can cut your losses and move on or you can stand your ground while …

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Categories World
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