New Jersey’s chief law enforcement officer and top aide looked at each other after they left a 2019 meeting with Sen. Bob Menendez. “Whoa, that was gross,” the aide told then-New Jersey Attorney General Gurbir Grewal. That’s how Grewal on Thursday recalled a September 2019 meeting prosecutors say was Menendez’s attempt to disrupt the agency’s […]
Which stock are investors most enthusiastic about right now? I think Nvidia is the hands-down winner. Nvidia’s share price has soared close to 130% so far in 2024, and the stock has delivered a return of more than 33x over the last five years. The company’s latest quarterly update predicted tailwinds that should extend into next […]
If Donald Trump returns to the White House, it would worsen budget deficits and the bond market would suffer more than under another Joe Biden term, longtime bond investor Bill Gross said Sunday. In an interview with the Financial Times, he acknowledged that Biden has also overseen an explosion in U.S. debt with deficits soaring […]
(Reuters) – Returning Donald Trump to the presidency would be the more “bearish” choice for bond markets, famed bond investor Bill Gross said in an interview with The Financial Times. Gross, once the most influential voice in the market, predicted to the paper that a second Trump presidency would push deficits higher than re-electing President […]
Calluses and dry, dead skin on your feet are no walk in the park. Maybe you’ve accepted your foot fate, or maybe you’ve tried practically every remedy in the book to achieve silky-smooth soles to no avail. There’s one thing you probably haven’t tried: Amazon’s top-selling Dermora Foot Peel. This cult fave uses a potent […]
Calluses and dry, dead skin on your feet are no walk in the park. Maybe you’ve accepted your foot fate, or maybe you’ve tried practically every remedy in the book to achieve silky-smooth soles to no avail. There’s one thing you probably haven’t tried: Amazon’s top-selling Dermora Foot Peel. This cult fave uses a potent […]
Bill GrossREUTERS/Jim Young Bill Gross told Barron’s that oil and gas pipelines are a top investment of his as he seeks alternatives to a tapped-out bond market. He says these publicly-traded multiple limited partnerships offer strong returns with additional tax advantages. Gross has been investing in “conservative” AI names like Microsoft and IBM, but has […]
(Bloomberg) — Is the erstwhile “Bond King” becoming the options king? Most Read from Bloomberg Bill Gross is making a habit of selling options on meme stocks, and his latest trades center on GameStop Corp. and AMC Entertainment Holdings Inc. The legendary investor said he sold calls and puts on the poster children of the […]
One of the most accomplished investors in recent history is Bill Gross. Known as the “bond king,” Gross made a name for himself as the founder of Pacific Investment Management Company (PIMCO) in the 1970s. While he is no longer part of PIMCO, Gross is still an active investor. Recently, he posted on social media […]
(Reuters) -Uber forecast second-quarter gross bookings below expectations after missing the target for the first three months on Wednesday, sending it shares down nearly 10% before the bell. The weakness in a key metric that denotes the total value of revenue earned on the Uber platform signals demand weakness for the company’s ride-share and food […]
Rivian (RIVN) reported mixed quarterly results for the first quarter, but will see further cost savings from shifting its upcoming R2 production to its Normal, Illinois, plant and trimmed its capital expenditure forecast. The EV-maker also reaffirmed its full-year loss forecast, and still sees a “path” to “modest gross profit” in the fourth quarter of […]
Bill GrossPIMCO / YouTube Bill Gross says bond yields will be higher rather than lower in the near term as Treasury issuance surges. The US economy needs a high level of debt to propel the GDP growth, he said. Gross also said the “total return” bond strategy he helped develop in the 1980s is dead. […]