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Wall Street is, to put it mildly, not keen on the prospect of a socialist mayor of New York. It’s “officially hot commie summer”, said billionaire money manager Dan Loeb.

“It’s officially hot commie summer,” added Dan Loeb, CEO of hedge fund Third Point and longtime Cuomo backer. Loeb wasn’t alone.

Wall Street's Hottest IPO Stock Is Up 290% in June and Its Market May Hit $2 Trillion By Trevor Jennewine – Jun 25, 2025 at 4:00AM ...

Stocks rally, oil tumbles as Wall Street hopes for a limited retaliation after US strikes on Iran June 24, 2025 by The Associated Press ...

Wall Street has set ambitious price targets for the stocks in this article. While this suggests attractive upside potential, it’s important to remain skeptical because analysts face ...