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Stocks" bull run will end in a bubble or recession, says Bank of America strategist

Stocks are in a "late secular bull market" that's likely to end in tears, Bank of America's Michael Hartnett warned in a research note. BI Stocks are in a "late secular bull market," BofA's Michael Hartnett said in a Friday research.....»»

Category: smallbizSource: nytMay 3rd, 2024

Why one economist says Elon Musk has turned Tesla into a meme stock

"From the standpoint of Wall Street speculators, it is a bouncing ball in a roulette wheel: a tech-bubble casino play," .....»»

Category: topSource: businessinsiderMay 2nd, 2024

Starbucks says it"s launching boba-inspired drinks this summer

Some TikTok users who appear to be Starbucks baristas have posted videos of drinks made with "raspberry popping "pearls." Boba, also known as bubble tea, is a Taiwan.....»»

Category: worldSource: nytMay 1st, 2024

The AI-fueled stock market bubble will crash in 2026, research firm says

"This d.....»»

Category: smallbizSource: nytApr 27th, 2024

Bank of America lays out the exact scenario that could finally pop the stock market"s AI bubble

It's been an "everything buy bonds" bull rally in markets for months, but BofA is cautiously watching a couple of indic.....»»

Category: personnelSource: nytApr 26th, 2024

Billionaire Investor Howard Marks Warns Against Overconfidence In AI Stocks: "Every Bubble Starts From Widespread Conviction"

In a recent interview, billionaire investor Howard Marks cautioned against overconfidence in Artificial Intelligence (AI) stocks, stressing that the technology’s transformative potential does not make it immune to market crashes. read more.....»»

Category: blogSource: benzingaApr 25th, 2024

Billionaire investor Howard Marks says AI"s impact doesn"t make it immune to a crash

"Every bubble starts from widespread conviction," Howard Marks told CNBC, saying that its hard to determine the winners of the AI wave. K. Y. Cheng/South China Morning Post/Getty Images AI i.....»»

Category: smallbizSource: nytApr 24th, 2024

China"s bubble tea explosion has minted half-a-dozen billionaires

Bubble tea is a sweet tea-based drink that typically comes with soft, chewy tapioca .....»»

Category: personnelSource: nytApr 22nd, 2024

China Bubble Tea Boom Creates New Billionaires: Sichuan Baicha Baidao Set To Go Public

The bubble tea popularly known as 'Boba' phenomenon in China is not just a trend,.....»»

Category: blogSource: benzingaApr 22nd, 2024

Nvidia Rally Evaporates — Did AI-Led Tech Stock Bubble Just Burst? This Data Point Offers A Clue.

Prominent tech stocks have fallen victim to macroeconomic and geopolitical pressures leading up to the first-quarter reporting season. read more.....»»

Category: blogSource: benzingaApr 20th, 2024

Nvidia In Correction Territory — Did AI-Led Tech Stock Bubble Just Burst? This Data Point Offers A Clue.

Prominent tech stocks have fallen victim to macroeconomic and geopolitical pressures leading up to the first-quarter reporting season. read more.....»»

Category: blogSource: benzingaApr 20th, 2024

"Bitcoin Is Just An Extractive Bubble," Says Portfolio Manager, As Blackrock"s Acceptance Fails To Quell Finance Sector Critics

Despite the endorsement of Bitcoin (CRYPTO: BTC) by investment heavyweight BlackRock Inc. (NYSE:BLK), skepticism about the cryptocurrency persists among many finance professionals. read more.....»»

Category: blogSource: benzingaApr 15th, 2024

Nvidia is in a bubble, stocks will disappoint for a decade, and a recession will strike this year, markets guru warns

Stocks have lost touch with reality, the microchip buying frenzy won't last, and stagflation is in the cards, Jesse Felder said. Markets guru Jesse Felder expects stocks to disappoint .....»»

Category: personnelSource: nytApr 12th, 2024

Marketing Ploy? FT Pumps OpenAI & Meta"s Planned Launch Of Upgraded LLMs As Nvidia Bubble Stalls 

Marketing Ploy? FT Pumps OpenAI & Meta's Planned Launch Of Upgraded LLMs As Nvidia Bubble Stalls  Two weeks ago, Nvidia Corporation's stock peaked and has since traded 9% lower from those highs, with shares around $867 on Wednesday afte.....»»

Category: worldSource: nytApr 11th, 2024

Stocks and real estate will crash when "everything bubble" pops, so buy gold, silver and bitcoin, says Robert Kiyosaki

"Rich Dad Poor Dad" author Robert Kiyosaki rang the alarm on a historic asset bubble, and advised investors to stockpile gold, silver, and bitcoin. "Rich Dad Poor Dad" author Robert Kiyosaki.Rich Dad Channel.....»»

Category: dealsSource: nytApr 10th, 2024

Need to Know: U.S. stocks are demonstrating most of the characteristics of a bubble, but don’t sell yet, says strategist

U.S. stocks are looking bubbly but it isn't time to sell, argues this fund manager's strategist......»»

Category: topSource: marketwatchMay 26th, 2021

The SPAC Bubble Is Bursting: "Dozens" Of Companies Canceling Mergers As PIPE Investors Evaporate

The SPAC Bubble Is Bursting: "Dozens" Of Companies Canceling Mergers As PIPE Investors.....»»

Category: worldSource: nytMay 25th, 2021

Bubble tea shop Serenitea to join Bayshore

The Bayshore shop is expected to open this summer......»»

Category: topSource: bizjournalsMay 25th, 2021

"Dr. Doom" economist Nouriel Roubini breaks down why bitcoin is neither a currency nor an asset - and is instead a giant bubble

"Even the Flinstones had a more sophisticated sys.....»»

Category: smallbizSource: nytMay 24th, 2021

The reopening trade prevented another 2000-like tech bubble, and a period of deflation will power the next leg of the growth rally, Cathie Wood says

Wood expects the reopening trade to last for s.....»»

Category: smallbizSource: nytMay 24th, 2021