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Paul Tudor Jones says 'go all in on the inflation trades' if Fed keeps ignoring higher prices
Billionaire hedge fund manager Paul Tudor Jones told CNBC he would "probably buy commodities, buy crypto, buy gold" if the Fed shrugs off inflation.
POSTED JUNE 14, 2021 12:18 PM |
Tudor Jones likes bitcoin, calls it a great portfolio diversifier to protect his wealth over time
"It's just a way of kind of foundationally looking at how do I protect my wealth over time it's a great diversifier," Tudor Jones added.
POSTED JUNE 14, 2021 12:57 PM |
Electric truck maker Lordstown Motors shares slide after CEO and CFO resign
Electric vehicles maker Lordstown Motors Corp said on Monday that Chief Executive Officer Steve Burns and Chief Financial Officer Julio Rodriguez have resigned.
POSTED JUNE 14, 2021 11:15 AM |
Bitcoin pops 12% to $40,000 after Tudor Jones endorsement, Musk's about-face on accepting crypto
Elon Musk said Sunday that Tesla will resume bitcoin transactions once the firm confirms there is "reasonable" clean energy usage by miners.
POSTED JUNE 14, 2021 3:10 AM |
S&P 500 hovers near a record with Fed meeting looming, tech shares gain
The Fed's two-day policy meeting will likely dominate investor behavior this week.
POSTED JUNE 13, 2021 10:01 PM |
Bank of America CEO Brian Moynihan says consumer spending is 20% higher this year than 2019
Nearly all spending categories have recovered with the exception of travel, according to the Bank of America CEO.
POSTED JUNE 14, 2021 12:31 PM |
American Express puts Kabbage acquisition to work with card company's first checking account
It's the latest move to shake up the increasingly competitive world of small business banking.
POSTED JUNE 14, 2021 1:44 PM |
Airport screenings top 2 million a day for first time in pandemic
U.S. airport screenings topped 2 million people a day for the first time in the pandemic,
POSTED JUNE 14, 2021 1:10 PM |
Novavax says its Covid vaccine is 90% effective, plans to submit data to FDA in third quarter
With an abundance of vaccines already available in the United States, it's possible that the government would donate the Novavax doses to other countries.
POSTED JUNE 14, 2021 10:04 AM |
Qualcomm reportedly offers to invest in Arm as regulators threaten to block Nvidia's acquisition
Qualcomm has said it is open to the idea of investing in U.K. chip designer Arm if the company's sale to Nvidia is blocked by regulators, according to a report.
POSTED JUNE 14, 2021 10:08 AM |
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