NEW: Before he entered the White House, President Trump was a real-estate speculator. Lately, his fortune has been wagered on some Big Tech stocks.
In fact, his pace of trading has grown nearly tenfold in recent months.
See the trades in charts, w/ @karadapena for @WSJ: https://t.co/3rlJd6xvaV
Personal news: after 7 years, today’s my last day @wsj. I’m so lucky to have worked alongside so many amazing people at the best newspaper in the world.
I’m on to something new, which I’ll say more about soon. In the meantime, working on my book. Stay tuned!
Smokes, Kenn Kweder, a Thursday night at Penn... All synonymous, really.
@ConorfSmith profiled the 75-year-old musician who's been a campus mainstay since the 90s.
A wonderful combination of words that should have you running to read more in @34ST:
https://t.co/DZgA1Rneyc
Some career news! Today is my first day @WSJ, working on political and government investigations and enterprise. I am beyond thrilled to take on new challenges with some old friends, and to make some new ones in an incredibly talented newsroom that is firing on all cylinders.
With 99% of voting stations reporting, Abelardo de la Espriella took in 10.3 million ballots, or 44% of the vote, to 41% for Ivan Cepeda, a far-left candidate supported by President Gustavo Petro (via @WSJForero)
https://t.co/gq0tFNUTFQ
Bill Gates was once ranked the world’s most admired man—but the revelations of his Jeffrey Epstein ties are eroding efforts to burnish his reputation.
Our deep dive into the fallout, packed with new details: https://t.co/kbTbjTFpg6
Trump likes women, and has, in fact, been married to three of them. BUT there’s also little doubt that Trump has unabashedly embraced the aesthetic—the je ne sais quoi—of a certain kind of gay man. My look at the King of Queens:
https://t.co/Zf4ZV6rRAB
"The stock might have yet more room to run as Micron builds capacity to accommodate the biggest supply crunch the memory industry has seen in over 40 years."
More here, via WSJ: https://t.co/avwfbsD5dE
Let that sink in: Micron went from $500B to $1 trillion in 48 days. That's roughly $10 billion in market cap per day. In short: Nothing about that is normal. The stock doubled in 48 days(!) before the earnings caught up; that gap is either genius or a problem.
The pace of Micron’s rise to becoming a $1 trillion company is unprecedented. The dot-com boom created millionaires. The aftermath of the 2008 financial crisis minted billionaires. The AI revolution is resulting in trillionaires. https://t.co/0qwUdh7dFG
Memory-chip maker Micron closed above $1 trillion in market value for the first time, helping lift the S&P 500 and Nasdaq as the semiconductor rally rolls on. https://t.co/vKAOXw5p18
My latest in @WSJ on this potato mogul and his early investment in Micron—the homegrown Idaho chip maker which today became the country's 12th $1 trillion-dollar company in record time 😵
https://t.co/wcaK6aZ1wH
NEW: Chirayu Rana, the accuser behind the sexual harassment case against Lorna Hajdini at JPMorgan Chase, no longer has an attorney representing him in court.
Daniel Kaiser, the lawyer who brought the lawsuit on behalf of Rana against his former banking colleague filled with allegations of "cannons" and the like, notified the court on Tuesday that he's no longer representing Rana.
Rana already fired his old PR agency helping him coordinate responses to press inquiries, and now his lawyer has hit the chopping block, too.
Rana will be representing himself, until he can find new counsel. He's due in court later today and will be facing off against JPMorgan's army of lawyers, potentially by himself. Stay tuned...
NEW: This chart explains the sharpening contrast in markets this week.
While shoppers look for deals at the store, traders are looking to the stars. Quantum chips and spaceships are wooing investors away from retailers' alarm bells about consumer stress because of the wartime inflation surge.
Read my latest in @WSJ (gift link): https://t.co/jYiVlPmznA