Key Points If you’re beginning or adding to a portfolio, focus on three things: diversification, long-term growth, and minimal fees. The Vanguard Total Stock Market ETF (VTI) serves as the core of a portfolio. The Vanguard Growth ETF (VUG) and the Vanguard Total International Stock ETF (VXUS) round things out with higher growth potential. 10 … Read more
Billionaire Bill Ackman Has 10.5% of His $19.5 Billion Portfolio in Amazon. What's the Thesis Behind Pershing Square's Bet?
Russ Cohen
Key Points Pershing Square (NYSE: PS), the company headed by high-profile investor Bill Ackman, has emerged as one of the largest corporate bulls on Amazon (NASDAQ: AMZN). Despite recently trimming its stake in the monster retailer as part of a portfolio reallocation, Pershing still holds nearly 8.6 million shares of the company. According to Pershing’s … Read more
PCE Runs Hotter-Than-Expected – Time for a Hike?
Russ Cohen
Listen to the audio version of this article (generated by AI). The inflation gauge Warsh actually watches… Bitcoin’s 200-day reclaim… don’t forget silver… Nvidia’s earnings? The July Personal Consumption Expenditures (PCE) price index report dropped this morning, coming in a touch hotter than Wall Street wanted. Headline PCE rose 0.2% in July, holding the 12-month … Read more
How to Use the AI Selloff to Your Advantage
Yesterday’s selloff masked a powerful demand signal – and a chance to make sure you own the right names in the right amounts… Listen to the audio version of this article (generated by AI). Editor’s Note: Yesterday’s selloff is a useful reminder that even when the long-term AI story remains intact, good stocks can still … Read more
Nasdaq's Kevin Kennedy Discusses Next Steps for Always-On Markets at Wyoming Blockchain Symposium
Image As markets shift towards an always-on environment with the advent of 23/5 trading, one of the questions surrounding this has been how this will be achieved. At SALT and Kraken’s third annual Wyoming Blockchain Symposium, a panel of financial-industry executives made clear that 23/5 markets are the result of global investor demand. … Read more
Ford and Stellantis Make Brilliant Moves to Gain Market Share. Is It Too Little, Too Late?
Key Points New car prices continue to hover near record highs of $50,000, causing a near-affordability crisis in the U.S. auto market. Ford has new affordable models coming out, including its recently named Fathom, a $30,000 EV truck due in 2027. Stellantis has a significant nine vehicles under $40,000, and two lower than $30,000, set … Read more