Comments from Doubleline’s Gundlach crossing the wires:
- Nikkei looks like it might head higher again after consolidation
- Says US equities are the only game in town, still holding Apple as it is ‘good diversifier’
Comments from Doubleline’s Gundlach crossing the wires:
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MU dips 18% on AI fears, but Q2 revenue soared 196%. Strong fundamentals may signal a buy.
Affordable housing tax credits face financing hurdles as banks near investment caps. Billions in private investment at risk.
VSH down 20% despite revenue beat; SWKS beats estimates but drops 6%. TXN misses EPS, down 5.5%. PI plunges 39%.
CEG tumbles 6.5% on weak 2026 outlook vs. analyst estimates; valuation at 37x earnings looks risky.
Runway backs AI startups with $10M fund, valued at $5.3B. Investing in ecosystem growth.
February hiring rate hits 3.1%, worst since April 2020. Job openings steady at 6.9M, quits rate at 1.9%.
Dow, S&P, Nasdaq rally Tuesday, but Brent crude up 50% this month. VIX soars!
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