Former Boston Consulting Group executive Phil Panaro forecasts that NVIDIA Corp NVDA shares could reach $800 by 2030. This prediction suggests a potential 558.98% increase from its current price. What Happened: Panaro attributes this anticipated growth to the ongoing artificial […]
Elon Musk’s Not-So-Long-Ago Prediction Of A 1929 Market Crash Falls Flat As S&P 500 Soars 50%, Defying Tesla CEO’s Gloomy Outlook Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. The S&P
The S&P 500 has surged nearly 50% since Tesla Inc and SpaceX CEO Elon Musk drew parallels between the current market conditions and the infamous 1929 stock market crash. What Happened: This remarkable rally, was highlighted by CNBC’s Carl Quintanilla.
Jason Furman, a key figure in former President Barack Obama’s administration, has penned an opinion piece in The Dispatch warning about potential threats to the Federal Reserve’s independence under a possible second term of Republican presidential candidate Donald Trump. What
Warren Buffett’s Berkshire Hathaway Inc BRK BRK sold an additional $863 million of Bank of America Corp BAC stock, reducing its stake closer to a 10% regulatory threshold, according to the company’s regulatory filing with U.S. Securities and Exchange Commission.
‘Big Short’ famed investor Steve Eisman who is a senior portfolio manager at Neuberger Berman says that he has dropped his forecast after President Joe Biden drops out of the 2024 presidential elections. Eisman has previously predicted that former President Donald
After Nippon Steel‘s NPSCY last-ditch efforts to win over workers for its $14.1 billion acquisition of United States Steel Corporation X, United Steelworkers, a general trade union says that the takeover proposal is a “doomed deal” and the union willing
As President Joe Biden and Vice President Kamala Harris aim to block the $14.1 billion takeover of United States Steel Corporation X by Japanese Nippon Steel NPSCY, the legislative committee responsible for reviewing the deal has delayed proposing recommendations to
In their first debate for the 2024 election, Vice President Kamala Harris criticized former President Donald Trump for severe unemployment during his tenure, as well as his economic policies and handling of the COVID-19 pandemic. What Happened: “Donald Trump left
Betsey Stevenson, a former chief economist during the 44th U.S. President Barack Obama administration, cautioned about potential food inflation if undocumented immigrant farm workers are deported. Her comments came in response to concerns raised by Robert Zubrin. What Happened: Stevenson,
