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Elliot Management, which manages around $70 billion in assets, says Nvidia, $NVDA, is a 'bubble' and that artificial intelligence is 'overhyped'.

194 upvotes • UnusualWhalesBot

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Wells Fargo faces government probe on anti-money laundering, sanctions

188 upvotes • ComfortablyFly

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UBS has sued Bank of America, $BAC, for $200 million on Wednesday, saying the second-largest U.S. bank refused to cover its legal costs related to risky mortgages issued before the 2008 global financial crisis.

185 upvotes • UnusualWhalesBot

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The average 401(k) balance is $112,572, according to Vanguard. The median 401(k) balance is significantly lower at $27,376.

184 upvotes • UnusualWhalesBot

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Goldman Sachs, $GS, has increased its prediction of a US recession in the next 12 months up from 15% to 25%

183 upvotes • UnusualWhalesBot

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Claudia Sahm, the creator of recession indicator Sahm Rule says, the U.S is very close to recession, per Bloomberg

182 upvotes • UnusualWhalesBot

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Warren Buffett now owns more T-bills than the Federal Reserve, per CNBC

182 upvotes • UnusualWhalesBot

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The number of Gen Zers who aren't in work or school is rising, per BI.

177 upvotes • UnusualWhalesBot

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Federal Reserve Chair Jerome Powell said an interest-rate cut could come as soon as September this week, after the US central bank voted to leave its benchmark at the highest level in more than two decades

176 upvotes • UnusualWhalesBot

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Nvidia, $NVDA, valuation could hit $50 trillion in a decade, per James Anderson, an early investor in both Amazon, $AMZN, and Nvidia, $NVDA

175 upvotes • UnusualWhalesBot

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Title	Upvotes	Author	Mark as read	Favorited	Rating	Add to a list
Elliot Management, which manages around $70 billion in assets, says Nvidia, $NVDA, is a 'bubble' and that artificial intelligence is 'overhyped'.	194	UnusualWhalesBot
Wells Fargo faces government probe on anti-money laundering, sanctions	188	ComfortablyFly
UBS has sued Bank of America, $BAC, for $200 million on Wednesday, saying the second-largest U.S. bank refused to cover its legal costs related to risky mortgages issued before the 2008 global financial crisis.	185	UnusualWhalesBot
The average 401(k) balance is $112,572, according to Vanguard. The median 401(k) balance is significantly lower at $27,376.	184	UnusualWhalesBot
Goldman Sachs, $GS, has increased its prediction of a US recession in the next 12 months up from 15% to 25%	183	UnusualWhalesBot
Claudia Sahm, the creator of recession indicator Sahm Rule says, the U.S is very close to recession, per Bloomberg	182	UnusualWhalesBot
Warren Buffett now owns more T-bills than the Federal Reserve, per CNBC	182	UnusualWhalesBot
The number of Gen Zers who aren't in work or school is rising, per BI.	177	UnusualWhalesBot
Federal Reserve Chair Jerome Powell said an interest-rate cut could come as soon as September this week, after the US central bank voted to leave its benchmark at the highest level in more than two decades	176	UnusualWhalesBot
Nvidia, $NVDA, valuation could hit $50 trillion in a decade, per James Anderson, an early investor in both Amazon, $AMZN, and Nvidia, $NVDA	175	UnusualWhalesBot