CNBC’s Jim Cramer declared Thursday that a recent spike in bad bank loans is the signal the Federal Reserve needs to begin cutting interest rates, arguing that the “credit cavalry is right on time” to[...]
Read moreArticles written by Rishabh Mishra
Dot-Com Bubble Clone Or Bull Market? Get Ready For 1999-Style Market Melt-Up, Warns Fidelity’s Timmer As He Notes ‘Juicy’ Similarities
The current AI-driven market boom bears “juicy” resemblances to the exuberant run-up of the late 1990s dot-com era, according to Jurrien Timmer, Director of Global Macro at Fidelity Investments. AI Bo[...]
Read moreTrump’s 100% Drug Tariff Will Hit Americans, Economist Says Buyers ‘Eat The Cost,’ Not Foreign Firms
President Donald Trump‘s proposed 100% tariffs on foreign pharmaceuticals will ultimately be paid by American patients and insurers, not foreign drug companies, according to economist Justin Wol[...]
Read moreMillion Missing Jobs Clearly Shows AI Is ‘Automating Away Tech Jobs,’ Amid ‘Stagflation’ Worries, Warn Economists
A preliminary revision from the Bureau of Labor Statistics (BLS) has erased 911,000 previously reported U.S. jobs, sending shockwaves through economic circles and cementing expectations for a Federal[...]
Read moreTesla Is 6X More Expensive Than Its Peers
Despite the overvalued nature of the stock based on its price-to-earnings metric, Tesla Inc. (NASDAQ:TSLA)’s CEO, Elon Musk, has defended the company’s growth, citing its stock prices, shrugging off t[...]
Read moreWarren Buffett Falls Behind Nancy Pelosi In Stock Market Returns Over The Last 11 Years: Here’s What Data Shows
Nancy Pelosi‘s investments over 11 years have outperformed the ‘Oracle of Omaha’, Warren Buffett‘s Berkshire Hathaway Inc. (NYSE:BRK) (NYSE:BRK), with gains that are more than double the latter’s perf[...]
Read moreWedbush: Tesla’s Price Target To $350 As Elon Musk Promises To ‘Significantly’ Reduce DOGE Time
Wedbush Securities’ Global Head of Technology Research, Daniel Ives, has raised Tesla Inc.‘s (NASDAQ:TSLA) price target to $350 after Elon Musk announced “significantly” reducing his time alloca[...]
Read moreJim Cramer Says Market Isn’t ‘Oversold Enough’ For A Powerful Bounce Back Led By Broadcom’s Strong Earnings
As the Nasdaq 100 index entered the correction zone on Thursday, Broadcom Inc. (NASDAQ:AVGO) surged 12.82% in after-hours, however, CNBC’s Jim Cramer believes that Broadcom’s strong earnings won’t be[...]
Read moreTrump’s Tax Cut Could Add $4.6 Trillion To Deficit, With $48 Billion Tax Relief For Top 100 Firms: Robert Reich
Former U.S. Secretary of Labor Robert Reich has called out the tax reduction plans of the Donald Trump-led administration in an X post, terming them as an “absolutely shameless giveaway,” that could s[...]
Read more