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The White House says the New Bill will drive 3% GDP growth:U.S. stocks are hitting record highs as policy clarity returns on fiscal, trade, and immigration fronts. JP Morgan’s David Kelly analyzes the latest jobs report, warns of slow economic growth ahead, and explains why AI-driven productivity gains are still years away. The White House …
Accenture Q3 FY25 Results:Accenture reports strong Q3 FY25 earnings with revenue of $17.7 billion and EPS of $3.49, beating expectations. Generative AI bookings hit $1.5 billion, but total new bookings declined 6%, raising concerns about future growth. The company’s full-year guidance signals significant growth deceleration and weaker margins, leading to cautious investor sentiment despite robust …
U.S Retail Investors Shift Focus Away from Magnificent 7 Tech Stocks:A notable trend is emerging among retail investors on Robinhood: a gradual pivot away from the well-known “Mag Seven” tech giants. These stocks, including heavyweights like Nvidia, Apple, and Microsoft, have long been favorites among individual investors. However, recent data and commentary from Robinhood’s Chief …
This article analyzes Bernard Arnault’s recent €729 million LVMH share purchases, examining what this insider activity reveals about the luxury giant’s prospects. It contrasts this bullish signal with LVMH’s 27% six-month decline and explains why luxury stocks remain volatile, cyclical investments. Bernard Arnault’s Aggressive €729 million’s LVMH Share Purchase Bernard Arnault, the Chairman and CEO of …
Steve Eisman, famed for The Big Short, warns investors not to chase stocks amid rising tariff risks and market complacency. He shares insights on AI, Nvidia, the bond market, and why he’s trimming exposure while staying long-only. Steve Eisman Says: Don’t Chase Stocks Right Now Steve Eisman, the investor famously portrayed in The Big Short, …
BYD Cuts Prices: Hong Kong-listed shares of Chinese electric vehicle (EV) giant BYD Co Ltd dropped sharply on Monday, at HKD 425.20, down HKD 40.00 or 8.60% from the previous close of HKD 465.20. The stock opened the day at HKD 459.80 and hit a day high of HKD 463.00, before plunging amid heavy selling …
In a significant development late in the trading session, shares of US Steel surged over 20% after President Donald Trump publicly voiced support for the embattled deal between US Steel and Japan’s Nippon Steel. Posting on his Truth Social account, Trump declared that the deal would keep the American steel industry firmly rooted in the …