Legendary Investor Says “Biden Economics” Fails, Musk Responds

American billionaire investor Stanley Druckenmiller expressed dissatisfaction with the Biden administration's economic policies. “If I were a professor, I would call him a 'fail',” he said in a television interview on Tuesday. US hedge fund mogul Bill Ackman retweeted a video interview with Drucker Miller and commented, “Stanley is absolutely right; his views on the deficit and the economy must be viewed.” Tesla CEO Elon Musk responded, “Stanley is really smart.” In this interview, Drucken Miller was particularly concerned about what he thought represented Biden, the Federal Reserve, and the Treasury Department's misjudgment on the macroeconomic situation

環球市場播報04:01 ET

Profits Are Booming -- and That's Shielding the Economy

By Justin Lahart Job growth took a step down in April, as reported in Friday's employment numbers. But there is a world of difference between a slightly weaker labor report and the types of job losse

WSJ23:30 ET

Wall Street's Zero-Day Options Frenzy Continues: Is It a Ticking Time Bomb?

As Wall Street's infatuation with rapid-fire stock options approaches its two-year mark, a Bloomberg Markets Live Pulse survey indicates the trend's momentum may not be waning, even though concerns of an eventual market crash loom among industry participants.

Options Newsman21:57 ET

US stocks close | Federal Reserve officials eagle, NASDAQ falls back, Tesla falls nearly 4%

The Dow Index recorded its longest continuous rise in more than four months. After the Reddit market, Disney fell 9.5% and Palantir fell 15%; after the results, the China Securities Index fell more than 2% and fell twice in a row. Xiaopeng Motors fell more than 6%, and Ideal Auto fell more than 3%.

wallstreetcn19:01 ET

S&P 500 Holds Onto the Positive | Wall Street Today

The market generally closed positively on Tuesday, though indexes were weighed down. The tech-heavy Nasdaq index fell from earnings reactions and a pullback in Semiconductors.

Moomoo Recap US16:28 ET

S&P 500 Ekes out Positive Close. Kashkari said Rates will stay if Inflation does | Market Story

In the hour after open, the $S&P 500 Index(.SPX.US)$ climbed 0.19%, the $Dow Jones Industrial Average(.DJI.US)$ climbed 0.27%, and the $Nasdaq Composite Index(.IXIC.US)$ climbed about 0.04%.MACROThis

moomoo News16:01 ET