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Elite Financial Group

These stocks could come under pressure if Mamdani wins NYC mayoral race

by Elite Financial Group | Nov 4, 2025 | Breaking News

The outcome of New York’s mayoral election on Tuesday may end up weakening some specific stocks.Read More…

IBM cutting thousands of jobs in the fourth quarter

by Elite Financial Group | Nov 4, 2025 | Breaking News

IBM recently delivered stronger earnings than expected, thanks to a 10% jump in revenue from software, meeting consensus.Read More…

Job openings in October slumped to the lowest level since February 2021, Indeed measure shows

by Elite Financial Group | Nov 4, 2025 | Breaking News

Under normal conditions, the BLS on Tuesday would have reported its monthly Job Openings and Labor Turnover Survey.Read More…

Stocks drop on rising fears about AI stock valuations, Palantir leads decline: Live updates

by Elite Financial Group | Nov 4, 2025 | Breaking News

Stocks fell, pressured by declines in artificial intelligence-related names like Palantir as investors grow concerned about valuations.Read More…

Alex Karp blasts ‘Big Short’ investor Michael Burry as ‘bats— crazy’ for bets against Palantir, Nvidia

by Elite Financial Group | Nov 4, 2025 | Breaking News

“The idea that chips and ontology is what you want to short is bats— crazy,” Alex Karp said.Read More…

Bessent says U.S. has ‘lots’ of options to use on tariffs if it loses Supreme Court case

by Elite Financial Group | Nov 4, 2025 | Breaking News

The high court it set Wednesday to decide whether Trump exceeded his authority to enact sweeping duties on U.S. trading partners.Read More…
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