The Latest Breaking News from Spy

Superdry has bigger problems on its hands than this, but Spy has to ask

...or did it?

We all have Nvidia (NVDA) to thank for the S&P 500 (SPY) finally breaking above 5,000. Truly one of the most impressive earnings announcements in years. Yet the valuation for NVDA, and the rest of the mega cap tech space is getting lofty calling into question whether a bubble is…

It was not a great 2023 for City stalwart Crispin Odey. The former Harrow and Oxford boy was kicked out of his own business, Odey Asset Management, before the firm eventually closed down after investors yanked their cash out of it as fast as they could.

New AI firms seem to be popping up all over the place. Many will be a dud and fold in a year — but the ones with a well-known backer tend to show more promise.

There’s already been a dealmaking rebound this month. Is another acquisition in the works?

The U.S. economy holds its ground, evidenced by easing inflation, a flourishing job market, and anticipated rate cuts this year. In light of the resilient macroeconomic backdrop, adopting a bullish stance on two large-cap ETFs, iShares Dow Jones U.S. ETF (IYY) and SPDR S&P 500 ETF Trust (SPY), could yield…

The breakout above 5,000 for the S&P 500 (SPY) looked pretty well confirmed on Monday. But on Tuesday investors got an unwelcome memo from the CPI report showing that inflation is a bit too sticky these days. With that stock prices plummeted in a hurry. What happens next? Steve Reitmeister…

Revolution Beauty this week sought to draw a line under its long-running saga with founder and former CEO Adam Minto, who agreed to cough up £2.9 million in cash in a settlement over his somewhat idiosyncratic management style.

Using put options, you can give up a little upside gain for protection against large losses.

Spy noted with interest the reporting over the weekend that EY had resigned as auditor for Asda.