Latest news with #Investors
Yahoo
5 hours ago
- Business
- Yahoo
Trump calls Fed chair Powell 'stupid person', urges rate cut
STORY: :: Trump calls the Fed chair 'Too Late Powell' because he 'refuses to lower the Fed rate' :: June 18, 2025 TRUMP: "So we have a stupid person, frankly, at the Fed. He probably won't cut today. Europe had 10 cuts, and we had none. // We're going to lose because of this 'Too Late.' I call him 'Too Late Powell,' because he's always too late. I mean if you look at him, every time I did this, I was right, 100%. He was wrong. Maybe I should go to the Fed, am I allowed to appoint myself, Doug? I don't know. Am I allowed appoint myself at the Fed? I'd do a much better job than these people. So anyway, we should be two points lower. It would be nice to be two and a half points lower. // And by the way, if he's worried about inflation, that's okay. I understand that. I don't think there's going to be any. So far, there hasn't. // But now we have a man that just refuses to lower the Fed rate, just refuses to do it. And he's not a smart person. I don't even think he's that political. I think he hates me, but that's okay. You know, he should." Trump, speaking to reporters at the White House, mused about appointing himself to lead the U.S. central bank. Investors will closely monitor Fed Chair Jerome Powell's comments to gauge how he plans to combat the risk of rising prices, which remains a dominant concern for the central bank. The Fed is expected to leave rates unchanged at its meeting, scheduled later in the day. Sign in to access your portfolio
Bloomberg
7 hours ago
- Business
- Bloomberg
US Stocks Gain as Fed's Waller Offers Hope on July Rate Cut
US stocks rose on Friday as investors returned from the Juneteenth holiday break to evaluate recent comments from a top Federal Reserve official as well as the latest developments in the conflict between Israel and Iran. The S&P 500 Index gained 0.6% at 9:43 a.m. in New York, with the benchmark teetering between a weekly gain or loss. The tech-heavy Nasdaq 100 Index advanced 0.8%. The VIX Index hovered around 19.
Yahoo
8 hours ago
- Business
- Yahoo
Musk's xAI Sweetens Debt Offering as Investors Face Deadline
(Bloomberg) -- Elon Musk's artificial intelligence startup xAI Corp. offered investors sweeter pricing on its $5 billion debt offering Friday, the same day Morgan Stanley is wrapping up commitments for the deal. Security Concerns Hit Some of the World's 'Most Livable Cities' One Architect's Quest to Save Mumbai's Heritage From Disappearing JFK AirTrain Cuts Fares 50% This Summer to Lure Riders Off Roads NYC Congestion Toll Cuts Manhattan Gridlock by 25%, RPA Reports Taser-Maker Axon Triggers a NIMBY Backlash in its Hometown The package now includes $3 billion of bonds with a 12.5% yield, a $1 billion fixed-rate term loan with a 12.5% interest rate and a $1 billion term loan B priced at 7.25 percentage points over the benchmark rate at a discount of 96 cents on the dollar, according to a person familiar with the matter. Each of the components had been priced at lower rates and the term loan B had a smaller discount. Some investors expected the company would need to raise yields on the debt to close the deal. The offering launched earlier this month and has been impacted by Musk's fallout with US President Donald Trump, as well as investor concerns about xAI's financial wherewithal. The company decided to raise another $4.3 billion in equity and change some terms on debt documents to assuage those worries, Bloomberg previously reported. Commitments were originally due on Tuesday, but Morgan Stanley extended the time frame. Spokespeople for xAI and the bank did not immediately respond to requests for comment. Ken Griffin on Trump, Harvard and Why Novice Investors Won't Beat the Pros Is Mark Cuban the Loudmouth Billionaire that Democrats Need for 2028? The US Has More Copper Than China But No Way to Refine All of It Luxury Counterfeiters Keep Outsmarting the Makers of $10,000 Handbags Can 'MAMUWT' Be to Musk What 'TACO' Is to Trump? ©2025 Bloomberg L.P. Sign in to access your portfolio
Bloomberg
11 hours ago
- Business
- Bloomberg
World Waiting to See If US Joins Iran Attacks Leaves Markets Uneasy
It's been just a week since Israel first attacked Iran, roiling global markets. Now investors are faced with guessing whether the US will join forces with Israel against Iran, and what the repercussions might be. The result is uneasy trading, with the MSCI All-Country World Index of stocks little changed for the week and a gauge of the dollar's strength heading for its best week since February. Crude is 3.5% higher, following last week's 12% surge, although oil dropped on Friday amid speculation any US attacks aren't imminent.
Yahoo
13 hours ago
- Business
- Yahoo
Could Investing $10,000 in CoreWeave Make You a Millionaire?
CoreWeave has emerged as a new AI stock to watch. The company launched its initial public offering in March, and the stock already has soared in the triple digits. 10 stocks we like better than CoreWeave › Investors have piled into artificial intelligence (AI) stocks over the past couple of years, especially big names such as AI chip leader Nvidia or cloud giant Amazon. Though these companies have helped shareholders score a major win quarter after quarter and could continue to climb, some investors now are looking beyond these names that have constantly been on center stage. They aim to find the next big AI success story, and one that has emerged in recent times is CoreWeave (NASDAQ: CRWV). This tech company is new to the market, having launched its initial public offering in March, and the stock already has soared more than 320% from that point. Investors are excited about this new AI investing opportunity, especially considering the company has been delivering triple-digit revenue growth. Could investing $10,000 in CoreWeave make you a millionaire? Let's find out. So, first, let's talk a little bit about this new-to-the-market company that's outperformed well-established tech giants such as the Magnificent Seven companies so far this year. CoreWeave actually is closely linked to the world's most talked-about AI company, Nvidia, and this may be part of the reason why investors are so excited about its future. This company's main business is offering customers access to its giant fleet -- 250,000 to be exact -- of Nvidia chips across more than 30 data centers. These graphics processing units (GPUs) may be rented for long periods of time or simply by hour, offering customers great flexibility for their AI workloads. Since demand has been extremely high, even surpassing supply, for Nvidia's latest Blackwell architecture and chip, investors clearly are optimistic about CoreWeave's prospects too. CoreWeave even was the first to make this new architecture generally available to customers, highlighting its ability to serve customers fast with the latest innovations. And the fact that market giant Nvidia holds a 7% stake in CoreWeave is another element that could appeal to investors. Nvidia's backing suggests this young company is set to play a key role in the next phases of the AI story. A look at CoreWeave's growth so far shows great momentum, with revenue soaring more than 400% in the first quarter. And even considering uncertainties in recent months that have pressured the stock market, CoreWeave says customer demand still increased. In fact, the big challenge right now is to scale up and meet demand. This requires significant investment, and that means investors should expect spending to increase moving forward. Of course, CoreWeave faces competition from traditional cloud service providers, but the company stands out because it truly specializes in handling AI workloads, and doing this at scale. This could work to CoreWeave's advantage as demand for compute-intense inferencing accelerates. Now, let's get back to our question: Could investing $10,000 in CoreWeave make you a millionaire? It's clear that CoreWeave offers an interesting growth story at the moment, and even after its spectacular gains could make a compelling buy for long-term growth investors who can handle some risk. But even if CoreWeave goes on to climb 1,000% over the coming years, as tech companies have been known to do, your $10,000 would reach $110,000. This would be fantastic, but it's far from $1 million. Before making any investment decisions, though, it's important to keep in mind that you shouldn't count on any one stock to make you a millionaire. It's extremely rare to succeed this way, and even worse, it's high risk. You have a much better chance of reaching the $1 million mark, and avoiding disastrous losses, if you invest in a diversified portfolio of quality stocks. So, for example, if $10,000 is your investing budget, split this amount across several stocks and at least a few industries. And the great news is you can apply the same technique with any amount. Now, in this context, a purchase of CoreWeave could help you along the road to wealth and even eventually nudge your portfolio toward the value of $1 million. Before you buy stock in CoreWeave, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and CoreWeave wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $659,171!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $891,722!* Now, it's worth noting Stock Advisor's total average return is 995% — a market-crushing outperformance compared to 172% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of June 9, 2025 John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool's board of directors. Adria Cimino has positions in Amazon. The Motley Fool has positions in and recommends Amazon and Nvidia. The Motley Fool has a disclosure policy. Could Investing $10,000 in CoreWeave Make You a Millionaire? was originally published by The Motley Fool Sign in to access your portfolio
