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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.
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.
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Michael Burry Says Tesla Is 'Ridiculously Overvalued,' Slams Musk Pay Package
Short seller Michael Burry just took a swipe at another richly valued stock: Tesla (TSLA).
RBC Sets 12-Month S&P 500 Target At 7,750 As More Wall Street Firms Turn Bullish On Stocks
RBC Capital Markets has become the latest Wall Street firm to signal confidence in US stocks, establishing a new 12-month price target for the S&P 500
'I Don't Know If We'll Get That Santa Rally': Why Wall Street Says December May Break From Its Usual Strength
The Santa Claus rally is usually one of Wall Street’s favorite holiday traditions. Stocks tend to grind higher and volatility fades.