Family and money don’t always mix well, as Dave Ramsey made clear when Philip from Washington, D.C., called in with a tough situation. Two years earlier, Philip’s mother borrowed $7,000 from him – half of his savings – to invest in Bitcoin. Fast forward to 2020 and the investment didn’t …
Read More »3 High-Yield Dividend Stocks That Are Screaming Buys Right Now
The Federal Reserve’s pivot to lower interest rates will have ripple effects throughout the economy and send investors looking for passive income to new places. As yields fall in vehicles like high-yield savings accounts, investors could turn to high-quality, high-yield dividend stocks. Consumer spending and healthcare are two pillars of …
Read More »Oil stocks have more room to run as tension in the Middle East escalates
Oil may get another run as liquid gold. Crude (CL=F) futures surged 9% last week — its biggest weekly gain since March 2023 — driven by escalating tensions in the Middle East. Israel’s vow to retaliate against Iran’s missile attack has prompted more traders to bet on $100 oil, pushing …
Read More »Is This Company an “Nvidia Killer?” What to Know About Cerebras’ IPO
Conventional wisdom is that Nvidia (NASDAQ: NVDA) will continue to dominate the artificial intelligence (AI) chip market, as it has since the introduction of ChatGPT. Yet, there’s a barrage of competition coming not only from merchant competitors and cloud giants producing their own in-house accelerators but also from AI chip …
Read More »A GE spinoff’s stock is surging as it positions itself as the ‘supermarket’ for AI energy demand
The massive demand for energy as Big Tech races to build its AI infrastructure has been a tailwind for GE Vernova (GEV), the power equipment maker that spun out of iconic GE earlier this year. Shares of the Cambridge, Mass.-based company have been hovering near all-time highs, along with the …
Read More »China Stock Skepticism Gets Louder as World-Beating Run Extends
(Bloomberg) — The world-beating rally in Chinese stocks is failing to convince many global fund managers and strategists. Most Read from Bloomberg Invesco Ltd., JPMorgan Asset Management, HSBC Global Private Banking and Wealth, and Nomura Holdings Inc. are among those viewing the recent rebound with skepticism and waiting for Beijing …
Read More »What to know this week
A turbulent five days for markets, featuring rising tensions in the Middle East and a port strike that both started and stopped, was capped off by a better-than-expected September jobs report that helped stocks close marginally up on the week. For the first week of October the S&P 500 (^GSPC) …
Read More »3 Top Energy Stocks to Buy in October
With October now underway, there isn’t one single way to play the energy sector, but that’s not new. There have always been different tactics for investing in this volatile niche of Wall Street. The question is, which tactic is right for you? Here are three of the top energy stocks …
Read More »British man finds fame in China after revealing gruelling 996 work schedule at tech job
A British man has gained unexpected fame on the Chinese internet after he revealed his gruelling work schedule at a Chinese Big Tech firm, drawing fresh attention to the country’s so-called 996 work culture. Jack Forsdike, a Yorkshire local, joined NetEase in Guangzhou in 2022, doing translation work which did …
Read More »Wall Street Says Sell One and Buy the Other
Palantir Technologies (NYSE: PLTR) and Nvidia (NASDAQ: NVDA) are two of the hottest artificial intelligence (AI) stocks on Wall Street. In fact, with year-to-date returns of 132% and 150%, respectively, they rank among the five best-performing components of the S&P 500. However, Wall Street expects the stocks to move in …
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