Wealth

Billionaire Robert Citrone Cuts Loose in Advanced Micro Devices and Micron Stocks

With a net worth of about $1 billion, Robert Citrone is at the helm of Discovery Capital Management (DMC), a hedge fund with a portfolio value of nearly $1.7 billion. Before launching DCM, Citrone worked as a portfolio manager at Tiger Management and is known as a “Tiger Cub.” Citrone is a graduate of the […]

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Pound Volatility to Increase on Court Ruling: Morgan Stanley

Sep.24 — Andrew Sheets, chief cross-asset strategist at Morgan Stanley, discusses the outlook for the pound and Brexit following the U.K. Supreme Court ruling that Prime Minister Boris Johnson’s suspension of Parliament was unlawful. Tim Bale, professor of politics at Queen Mary University of London, also speaks on “Bloomberg Surveillance.”

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Is Ripple (XRP) Ready for a Breakout?

By Jenny Lynton Ripple CEO Brad Garlinghouse recently proclaimed how Bitcoin ‘is not going to be the panacea that people once thought it would be.’ Speaking to CNBC at the Money 20/20 fintech conference, Garlinghouse predicted that ‘instead you’re seeing specializations of different kinds of ledgers, different kinds of blockchains’. With this in mind, we turned […]

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