(Bloomberg) — US inflation probably moderated at the end of the third quarter, reassuring a Federal Reserve that’s shifting more of its policy focus toward shielding the labor market. Most Read from Bloomberg The consumer price index is seen rising 0.1% in September, its smallest gain in three months. Compared …
Read More »Suze Orman On The Risks Of Upgrading To A Swanky Apartment At 40
‘More Expenses, More Taxes, More Everything’: Suze Orman On The Risks Of Upgrading To A Swanky Apartment At 40 When you hit 40, the temptation to upgrade your lifestyle can be strong, especially if you’ve worked hard and saved well. However, according to personal finance expert Suze Orman, a swankier …
Read More »Could Buying Carnival Stock Today Set You Up for Life?
Carnival (NYSE: CCL) (NYSE: CUK) has been making a comeback. Since the start of 2023, shares have skyrocketed 115% (as of Oct. 1). That gain is well ahead of the S&P 500 index’s rise over the same period. But this top cruise line stock still has a lot of catching …
Read More »Coca-Cola and These 2 Red-Hot Dow Dividend Stocks Are Up 10% to 22% in 3 Months, and They Could Still Be Worth Buying in October
In the beginning of 2024, the broader indexes were being driven higher mostly by mega-cap growth stocks. But the market’s leadership has changed in recent months, with stodgy blue chip dividend and value stocks posting sizable gains. For example, Nvidia is down 3.1% in the last three months while the …
Read More »Oracle’s Larry Ellison is getting richer, rivaling Musk, Bezos, Zuckerberg
Oracle co-founder and CTO Larry Ellison’s net worth has been growing, placing him among the sky-high ranks of fellow billionaires Elon Musk, Jeff Bezos and Mark Zuckerberg. His estimated net worth stood at $208 billion as of Friday evening, according to Forbes. At that level of wealth, he was sandwiched …
Read More »3 Warren Buffett Stocks to Buy Hand Over Fist in October
Warren Buffett’s stock picks may be anything but flashy, but that’s kind of the point. Given enough time, value performs. And in the case of Buffett’s Berkshire Hathaway, it often outperforms. You’d be wise to borrow some of his ideas whenever possible. To this end, here’s a closer look at …
Read More »Can robotaxis turn a profit? Experts skeptical as Tesla prepares to unveil plans.
Tesla (TSLA) CEO Elon Musk has long touted autonomous vehicles as the future of the company. At his shareholder meeting in June, Musk said the technology alone would boost the company’s value by at least tenfold. But with Musk set to unveil details on Oct. 10 about an autonomous taxi …
Read More »The big winner if OpenAI becomes a for-profit business? Microsoft.
OpenAI is considering transitioning from a nonprofit into a for-profit company, and its deep-pocketed benefactor, Microsoft (MSFT), has a lot to gain if the ChatGPT developer gets the green light to act more like a startup. “Anything that frees up OpenAI to focus on profit is likely to benefit Microsoft’s …
Read More »1 Magnificent Stock to Buy Right Now Before That Happens
Market research firm IDC recently released a report stating that the global artificial intelligence (AI) market is now worth $235 billion, and the good part is that this technology still has a lot of room for growth over the next five years. IDC estimates that global spending on AI and …
Read More »Super Micro Computer’s big stock split, Costco rises, and Bitcoin falls: Markets news roundup
Super Micro Computer’s big stock split: What to know Illustration: MF3d (Getty Images) Super Micro Computer (SMCI) is set to undergo a stock split after the market closes on Monday, aligning itself with other prominent AI-driven companies like Nvidia and Broadcom, which also executed stock splits earlier this year. Following …
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