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Category: Finance News

Credit a ‘short squeeze’ for the stock market’s big two-day bounce

Short-covering was on display as stocks shot up on signs of easing tensions on trade even though no concrete deals have been reached yet.

Published 23 April 2025
Categorised as Finance News

Third Point’s Dan Loeb says he’s sold out of nearly all of his ‘Magnificent 7’ holdings

“We sold out of our Mag 7 holdings. Early on we got out of Meta, and reduced our Amazon. We got out of basically all of them,” Dan Loeb said.

Published 23 April 2025
Categorised as Finance News

IMF forecasts U.S. fiscal deficit will dip in 2025 thanks to higher tariff revenue

The 191-nation fund credited higher tariff revenue for a somewhat smaller deficit projection.

Published 23 April 2025
Categorised as Finance News

IMF forecasts U.S. fiscal deficit will dip in 2025 thanks to higher tariff revenue

The 191-nation fund credited higher tariff revenue for a somewhat smaller deficit projection.

Published 23 April 2025
Categorised as Finance News

Third Point’s Dan Loeb says he’s sold out of nearly all of his ‘Magnificent 7’ holdings

“We sold out of our Mag 7 holdings. Early on we got out of Meta, and reduced our Amazon. We got out of basically all of them,” Dan Loeb said.

Published 23 April 2025
Categorised as Finance News

European Central Bank’s Lagarde weighs in on Trump’s criticism of Fed’s Powell

The ECB last week cut interest rates by a further 25 basis points and warned of a “deteriorated” growth outlook linked to tariff tensions.

Published 23 April 2025
Categorised as Finance News

Stocks making the biggest moves after hours: Tesla, Enphase Energy, Oklo, Bristol Myers Squibb and more

These are the stocks posting the largest moves in extended trading.

Published 22 April 2025
Categorised as Finance News

Stocks making the biggest moves after hours: Tesla, Enphase Energy, Oklo, Bristol Myers Squibb and more

These are the stocks posting the largest moves in extended trading.

Published 22 April 2025
Categorised as Finance News

Stocks making the biggest moves after hours: Tesla, Enphase Energy, Oklo, Bristol Myers Squibb and more

These are the stocks posting the largest moves in extended trading.

Published 22 April 2025
Categorised as Finance News

Stocks making the biggest moves after hours: Tesla, Enphase Energy, Oklo, Bristol Myers Squibb and more

These are the stocks posting the largest moves in extended trading.

Published 22 April 2025
Categorised as Finance News

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