Mindblown: a blog about philosophy.

The U.S. began fresh strikes on Iran on Wednesday, retaliating to Tehran’s attacks in the Strait of Hormuz. Earlier, U.S. President Donald Trump had indicated that he may not be looking at negotiating a deal with Iran after the latest tensions in the Strait. Oil prices climbed higher amid the tensions. U.S. stock futures climbed…

PETALING JAYA: Utilities-related stocks are expected to continue doing well as their businesses benefit from higher energy demand supported by data centres (DCs), a rise in electricity tariffs in Peninsular Malaysia and the ongoing expansion of renewable energy (RE) infrastructure. Analysts from Kenanga Research and UOB Kay Hian (UOBKH) Research have maintained an “overweight” stance…

Burry’s comment comes as Chinese tech stocks stage a modest rebound in July after months of sustained declines. On Wednesday, the Chinese media outlet Jiemian reported that Alibaba disclosed a narrowing of losses in its instant-commerce business in the June quarter, while overall profitability held steady. Stocktwits sentiment for BABA shifted to ‘extremely bullish’ from…

So far this month, Cathie Wood’s various Ark exchange-traded funds (ETFs) have bought about $9.1 million worth of stock in Kratos Defense & Security Solutions (KTOS +0.08%). With her recent buying, the position has grown to be the tenth largest across all Ark Invest ETFs, worth just north of $110 million as of the time…

The US stock market showcased a broadly mixed reaction to the FOMC minutes and new tensions betweethe Nasdaqnd Iran. Overnight, the Dow Jones collapsed almost 600 points and the S&P 500 index followed the bearish trend, but the tech-heavy index, Nasdaq Composite, surged owing to fresh buying in chip stocks. FOMC minutes indicate a split…

Key Points Rumors that Michael Burry may be shorting Palantir caused a sell-off today. The rumors have not been confirmed. Palantir doesn’t look very much like other “AI stocks.” Palantir Technologies (NASDAQ: PLTR) stock tumbled 4% through 12:45 p.m. ET Wednesday. You can probably blame Michael Burry for that. Where to invest $1,000 right now?…

Key Points He feels it has upside approaching 60%. In his view, recent selloffs have made it an obvious bargain. IMAX (NYSE: IMAX) stock was something of a star entertainer on Hump Day. The large-format cinema company posted a relatively large gain that trading session; it rose by nearly 3% on the back of a…

As we prepare to mark the 250th anniversary of the United States, we are taking a look back at some of the defining moments that shaped the American economy and how the choices made throughout our history shape the economy we live in now. 1776 to 1826 We begin with money itself, which, in the…

One of the hardest financial decisions you might have to make in the course of retirement planning isn’t deciding when to resign from your job or start tapping your savings. Rather, it’s when to claim Social Security benefits. You’re allowed to start taking benefits at any point once you turn 62. If you want your…

What Happened? A number of stocks jumped in the afternoon session after President Trump declared the Iran ceasefire “over” and threatened fresh strikes, sending oil prices sharply higher and lifting the broad energy complex.  Oilfield services firms (the companies that supply rigs, fracking crews, drilling fluids, and completion equipment) are a bet on their customers’…