Breaking News: Markets

‘Humans are the most important part’ of investing, says a fund manager whose firm makes every call with algorithms

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‘Humans are the most important part’ of investing, says a fund manager whose firm makes every call with algorithms

The internet was becoming mainstream in the late 90s, but Miro Mitev was head-down exploring something that wouldn’t become popular for decades: AI. Now an asset manager, Mitev was an early adopter of AI in finance after discovering the capabilities of neural networks in 1997 while studying at the Vienna University of Economics and Business. He told CNBC he saw the potential of neural networks for financial forecasts. “I fell in love … Read more

Why buying Berkshire was Warren Buffett’s biggest mistake

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Why buying Berkshire was Warren Buffett’s biggest mistake

(This is the Warren Buffett Watch newsletter, news and analysis on all things Warren Buffett and Berkshire Hathaway. You can sign up here to receive it every Friday evening in your inbox.) Warren Buffett is going into his last week as CEO of Berkshire Hathaway, the vehicle he has used to generate incredible wealth for … Read more

Wall Street wrote off Palantir as too expensive. Retail investors can’t get enough

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Wall Street wrote off Palantir as too expensive. Retail investors can’t get enough

Sopa Images | Lightrocket | Getty Images Kyle Dijamco is a proud member of Palantir Technologies‘ fast-growing retail investor base. The Los Angeles-based marketer has bet big on the defense tech stock, even increasing his exposure after a drawdown earlier this year. The 31-year-old’s position now stands at roughly $25,000. “It’s an exciting stock to … Read more

Monetizers vs manufactures: How the AI market could splinter in 2026

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Monetizers vs manufactures: How the AI market could splinter in 2026

The AI market is tipped to splinter in 2026. The last three months of 2025 were a rollercoaster of tech sell-offs and rallies, as circular deals, debt issuances, and high valuations fueled concerns over an AI bubble. Such volatility may be an early sign of how AI investment is set to evolve as investors pay closer … Read more

S&P 500 closes at another fresh record in holiday-shortened session: Live updates

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S&P 500 closes at another fresh record in holiday-shortened session: Live updates

A trader works on the floor of the New York Stock Exchange. NYSE The S&P 500 rose to a new all-time high on Wednesday, coasting to another record close. The broad market index advanced 0.32%, ending the session at 6,932.05. The Dow Jones Industrial Average gained 288.75 points, or 0.60%, and also posted a closing … Read more

This convenience store chain is in a long-term upward trend with no signs of slowing, charts show

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This convenience store chain is in a long-term upward trend with no signs of slowing, charts show

Casey’s General Stores (CASY) isn’t widely followed, but it should be — especially for investors who are looking for actionable, under-the-radar opportunities. CASY is a food retail company within the consumer staples space, which typically isn’t exciting. Indeed, the S & P 500 Consumer Staples ETF is the WORST sector year-to-date, currently -1.4% vs +17% for the … Read more

European markets higher; Novo Nordisk shares jump 9%, extending rally after GLP-1 pill approval

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European markets higher; Novo Nordisk shares jump 9%, extending rally after GLP-1 pill approval

LONDON — European markets edged into positive territory on Wednesday as investors take stock of the volatile year during Christmas Eve’s shortened trading session. The pan-European Stoxx 600 was just above the flatline at 9:25 a.m. in London (4:25 a.m. ET). The benchmark reached a new record closing high on Tuesday, buoyed by Copenhagen-listed Novo Nordisk’s … Read more

Gold and silver reach fresh highs for second day running — and could keep climbing

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Gold and silver reach fresh highs for second day running — and could keep climbing

Gold and silver have rallied this year — and prices keep climbing. Gold futures for February delivery rose settled 0.8% higher at $4,505.7, after hitting a record of $4,530.80 per ounce. Spot gold was up 1.03% to $4,491.23 per ounce. Meanwhile silver futures for March advanced 4.46% and was last seen at $71.62 per ounce, while spot silver was last trading … Read more

Fed chair candidate Hassett says U.S. is way behind the curve on lowering interest rates

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Fed chair candidate Hassett says U.S. is way behind the curve on lowering interest rates

National Economic Council Director Kevin Hassett said Tuesday that the Federal Reserve is not cutting interest rates quickly enough, even as the U.S. economy grew at a much faster pace than expected in the third quarter. The top White House economic advisor is considered a leading contender to succeed Federal Reserve Chairman Jerome Powell after … Read more

Here are Tuesday’s biggest analyst calls: Nvidia, Apple, Tesla, Levi’s, Coty, Meta, First Solar, Live Nation & more

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Here are Tuesday’s biggest analyst calls: Nvidia, Apple, Tesla, Levi’s, Coty, Meta, First Solar, Live Nation & more

Here are Tuesday’s biggest calls on Wall Street: TD Cowen upgrades Ametek to buy from hold TD Cowen said the industrial company is executing well. “AME is executing well at a time when exposures broadly provide both support and optionality – markets that are doing well and should sustain (utility), ones that are strong and … Read more