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Big Tech's Second Quarter Just Started, And It's Already Facing Major Challenges
The year’s second fiscal quarter is officially underway, and Big Tech is already facing a number of major challenges.
Jamie Dimon Highlights Iran War, Private Credit, And AI-Driven Job Losses As Major US Risks In His Annual Letter
Jamie Dimon says a resilient US economy is still threatened by the Iran war, a looming credit cycle, ongoing trade negotiations, amongst other things.
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Hedge Fund Lost $400 Million On California Utility
Iconic hedge fund billionaire Seth Klarman could have taken a huge hit on an investment in PG&E after the deadliest and most destructive wildfire.
In the Riskiest Corners of the Stock Market, Exuberance Is Back
Companies riddled with leverage have posted their best two-week run in nearly three years while value shares rebounded at the fastest pace since 2016.
Why Apple Is Warren Buffett's Second Big Bad Tech Blunder
Warren Buffett is a smart investor who should have heeded his own advice when it comes to investing in technology. His first big bad tech bet was IBM.
U.S. Economy Is Floating on "Ocean of Debt," Gundlach Warns
DoubleLine CEO blames prolific sales of junk bonds and significant growth in investment grade corporate debt, coupled with the Federal Reserve.