FINANCE
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Bitcoin falls below $110,000 as ‘cautious tone’ sweeps over market
Bitcoin (BTC-USD) slipped below $110,000 on Thursday amid a broader sell-off in crypto and stocks. The largest cryptocurrency declined more than 3% while ethereum (ETH-USD), solana (SOL-USD), and other coins saw even bigger drawdown in what has been a rocky week for the crypto market. Ether fell roughly 5% to below $3,900 before paring losses, marking its lowest level since…
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‘I Didn’t Know Any Better to Ask Questions Because How Could I?’ Graduate Breaks Down After Learning Student Loans Carry Credit-Card-Level Interest
A viral TikTok video exposing high student loan interest rates has sparked nationwide outrage over lending practices where teenagers feel trapped in debt they cannot understand or escape. Alyssa Jeacoma, 26, discovered that her student loans carry interest rates as high as 17%, which is higher than many credit cards, despite making $1,500 monthly payments for two years. Her tearful…
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loanDepot, Inc. (LDI): A Bull Case Theory
We came across a bullish thesis on loanDepot, Inc. on wallstreetbets subreddit by Blamurai. In this article, we will summarize the bulls’ thesis on LDI. loanDepot, Inc.’s share was trading at $4.2700 as of September 12th. LDI’s trailing P/E was 158.73 according to Yahoo Finance. Pixabay/Public Domain LoanDepot (LDI) is a tech-enabled retail mortgage originator and loan servicer, focused on…
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The world’s 3 richest people are worth a combined $1 trillion — about as much as Warren Buffett’s Berkshire Hathaway
The world’s three wealthiest people are together worth over $1 trillion. Elon Musk, Larry Ellison, and Mark Zuckerberg are so rich thanks to big stakes in their companies. Ellison has nearly doubled his net worth this year thanks to an AI-fueled surge in Oracle stock. The three wealthiest people on the planet are worth a combined $1 trillion, about as…
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Famed economist warns extreme stock valuations point to negative returns ahead
A stock trader at work at the New York Stock Exchange on February 24, 2020.Johannes Eiselle/Getty Images David Rosenberg warns of negative S&P 500 returns due to high valuations. The Shiller CAPE ratio on the index is at its third-highest level ever. At the same time, recession risks are rising as the labor market slows, Rosenberg warned. David Rosenberg isn’t…
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Why Morgan Stanley’s wealth CIO says it’s time to take profits in small-caps and meme stocks
Michael M. Santiago/Getty Images The stock market is in a record-setting stretch over the last several months. Small-cap stocks have joined the rally, but some experts remain unconvinced that the gains will continue. Morgan Stanley’s Lisa Shalett sees an opportunity for investors to profit before the tides turn. The summer rally to all-time highs has lifted everything from mega-caps to…
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Cathie Wood buys $13.4 million of battered stocks
Cathie Wood, head of Ark Investment Management, is an active trader. She frequently buys her favorite stocks when they fall and sells them when they rise. That’s what she just did, buying into two hot stocks that have been struggling for a while. Wood’s funds have experienced a volatile ride this year, swinging from sharp losses to strong gains. In…
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US market strong, but reasons to be cautious on outlook – GlobalData
According to preliminary estimates, US Light Vehicle (LV) sales grew by 3.5% year-on-year (YoY) in August, to 1.47 million units. August 2025 had one selling day fewer than August 2024, meaning that sales were up by 7.3% YoY on a selling day-adjusted basis. The daily selling rate was measured at 54.5k units/day in August, up from 53.7k units/day in July.…
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How AI will shape 4 investment banking careers, from ECM to trading
Artificial intelligence will impact workflows in mergers, debt, equity, and trading in the next five years in specific ways, according to a new report.primeimages/Getty Images AI may be responsible for up to a third of investment banking tasks by 2030, a report found. But the impact will vary across roles, from equity capital markets to trading and M&A. Here’s how…
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Dow, S&P 500, Nasdaq slide as Nvidia leads tech losses after PCE inflation, consumer data
US stocks fell from record highs on Friday as Wall Street digested an update on consumer inflation that showed prices firming higher above the Fed’s target in July. The Dow Jones Industrial Average (^DJI) fell around 0.3%, and the S&P 500 (^GSPC) lost about 0.8%. The tech-heavy Nasdaq Composite (^IXIC) led the retreat, down over 1.2%. Big Tech slumped, with…
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