The Greenlight Capital founder pitched five investment ideas in New York, focusing on companies he said are in a transitional period with catalysts for growth.
Traders believe inflation could near 5% this year
Prediction markets traders see two-in-three odds that inflation will go above 4.5% this year, and nearly 40% odds that prices will accelerate above 5%.
Markets raise chances for a Fed rate hike following hot inflation report
Market pricing took virtually any chance of a cut off the table between now and the end of 2027.
Stocks making the biggest moves midday: Wendy’s, Vestis, Cleanspark, Under Armour & more
These are the stocks posting the largest moves midday.
It’s not just Iran and oil raising inflation. Prices also are reaccelerating in these other areas
Here’s some of the places where prices are rising fast for consumers.
Consumer prices rose 3.8% annually in April, the highest since May 2023
The consumer price index was expected to increase by 3.7% annually in April, according to the Dow Jones consensus.
Trump is taking more than a dozen U.S. executives to China. Jensen Huang isn’t one of them
Nvidia CEO Jensen Huang isn’t going on Trump’s China trip, though more than a dozen other U.S. executives are.
Stocks making the biggest moves premarket: On Holding, Under Armour, GameStop, AST SpaceMobile & more
These are the stocks posting the largest moves in early trading.
Five things to watch in Asia as Trump prepares to meet China’s Xi this week
The U.S. and Chinese presidents are scheduled to gather in Beijing on Thursday and Friday amid a packed week of diplomatic meetings.
Stocks making the biggest moves after hours: Hims & Hers, Gitlab, Cleanspark, Webtoon Entertainment & more
See which stocks are posting big moves after the bell.