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Billionaire John Arnold Warns Fed Rate Hikes ‘May Be Counterproductive,’ Says ‘Will Do Little to Lower Inflation’

by Rishabh Mishra | Oct 15, 2026 | General

Billionaire and former hedge fund manager John Arnold said that Federal Reserve interest rate increases do little to lower inflation and act as a counterproductive economic measure. The Supply-Side Argument Arnold outlined his macroeconomic view in a social media...

Why Is Robinhood Stock Under Pressure Ahead of Oct. 27 Earnings?

by Dylan Berman | Oct 15, 2026 | General

Robinhood Markets Inc. (NASDAQ:HOOD) shares are under pressure Thursday amid negative analyst views on the stock, hotter-than-expected core inflation that bolstered the case for more Federal Reserve tightening, and third-quarter results from Bank of America and Morgan...

This Walmart Analyst Turns Bullish; Here Are Top 5 Upgrades For Thursday

by Avi Kapoor | Oct 15, 2026 | General

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades, downgrades and initiations, please see our analyst ratings page. Baird analyst David George upgraded Bank of America Corporation...

Third Top Crypto Official Leaves Trump Admin: What’s Happening to the ‘Crypto Capital’ Promise?

by Parshwa Turakhiya | Oct 15, 2026 | General

Patrick Witt, the White House’s top crypto adviser, has left his role after his temporary detail expired, making him the third senior crypto official to exit President Donald Trump’s administration this year. Why Witt’s Departure Comes Now A White House official told...

Gibraltar Industries Strikes $208 Million Deal to Sell Infrastructure Business, Cut Debt

by Akanksha Bakshi | Oct 15, 2026 | General

Gibraltar Industries Inc. (NASDAQ:ROCK) stock rose in Thursday’s premarket trading after the company announced a $208 million deal to sell its infrastructure business, D.S. Brown, to French building materials giant Saint-Gobain.The transaction marks another step in...
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