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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

VanEck Shifts Focus From Gaming To Degen Economy In ETF Overhaul

VanEck reportedly announced on Wednesday that it’s rebranding its ‘Gaming ETF’ (BJK) to the ‘VanEck Degen Economy ETF'.

Washington Wire

Big Short’ Michael Burry Issues Dire Warning On US FED’s $40B T-Bills Buy Plan

 “The Big Short” Michael Burry has issued a stark warning regarding the plans of the US Fed to purchase $40 billion in Treasury bills (T-bills).

Washington Wire

Fed Says Will Start Reserve Management Treasury Bill Buying

The Federal Reserve on Wednesday said that it would start buying short-dated government bonds to help manage market liquidity levels.

FundFocus

Apollo Exec Says Data Center Debt Wave Is 'Tip Of The Iceberg'

The AI boom has sparked a construction frenzy — and the scale of financing needed is only just starting to hit the public eye.

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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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