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At Goldman And Citadel Securities, The Santa Rally Has Believers

by The Wealth Advisor Contributor
Traders who spent December wondering if the typical year-end “Santa Claus rally” was going to kick in may be getting what they’ve been waiting for.

Featured

OpenAI Is Reportedly Trying To Raise $100B At An $830B Valuation

OpenAI is in talks to raise up to $100 billion in a funding round that could value the ChatGPT maker at up to $830 billion, the WSJ reported Thursday.

NY Fed President Williams Says Some ‘Technical Factors’ Distorted November’s CPI Reading Downward

NY Fed President John Williams said that “technical factors” likely distorted November’s inflation data, pushing the headline reading lower.

U.S. Global’s JETS ETF: Capturing Airline Industry Transformation Through Smart Beta 2.0

USGI’s Frank Holmes explains how premium revenue growth, supply constraints, and smart beta strategy position JETS in a transformed airline sector.

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Companies

Seller Exhaustion Or A Bottom? Strategy Gains 11% From Session's Worst Levels

An overnight crash in the price of bitcoin combined with Strategy (MSTR) shares tumbling 12.5% in U.S. morning trading on Monday.

FundFocus

BlackRock Turns Bearish On Long-Term Treasuries As AI Funding Wave Looms

The BlackRock Investment Institute said on Tuesday it is turning bearish on long-term U.S. Treasuries.

The Trust Advisor

Woman Sues to Get in on Sisters’ $28M Inheritance After Discovering Family Tie on 23andMe

A Massachusetts woman gained two long-lost sisters through a DNA test — then tried to net a fortune when she sued them a month later.

The Trust Advisor

Most People Know the Importance of a Will, But Less Than One-Third Actually Have One

Two surveys found the main reasons for not having one include procrastination and the belief that their assets aren't worth the effort.

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FundFocus

Analyst Who Nailed 2023 Bull Run Sets S&P 500 Target For 2026

The Trust Advisor

Meet Rob Reiner’s Four Children Who Will Inherit His $200 Million Fortune, His Murder Suspect Nick Reiner Is One Of Them

Washington Wire

Fed Predictions for 2026: What Experts Say About the Possibility of Additional Rate Cuts

Real Estate

Why This Billionaire Real Estate Developer Is Waving A Red Flag Over Data Centers

Companies

JPMorgan Prepares To Launch First Tokenized Money Market Fund

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