Jeff Bezos’ $80M Gulfstream G700: What Does This Purchase Say About Billionaire Spending? Amazon founder Jeff Bezos recently purchased a new $80 million ride: a Gulfstream G700. This advanced private jet – boasting cutting-edge tech, a spacious cabin, and exceptional range – adds yet another item to the billionaire’s list …
Read More »Tech leads S&P 500, Nasdaq higher as JPMorgan drags Dow lower
A contract dispute between Disney (DIS) and DirecTV still has not reached a conclusion after the media giant pulled its owned and operated channels, including ESPN and ABC, off DirecTV last week. The media blackout has already affected the start of the NFL season, including the first Monday Night Football …
Read More »Nasdaq rises, Dow falls in whipsaw trading action as inflation report looms
A contract dispute between Disney (DIS) and DirecTV still has not reached a conclusion after the media giant pulled its owned and operated channels, including ESPN and ABC, off DirecTV last week. The media blackout has already affected the start of the NFL season, including the first Monday Night Football …
Read More »Does Super Micro Computer’s Delayed Filing Change Its Investment Thesis?
One of the most profound disappointments of the recent Super Micro Computer (NASDAQ: SMCI) earnings report came from an unexpected source. The disappointment did not come from the earnings release itself. That showed that the massive growth earned from selling servers containing Nvidia‘s artificial intelligence (AI) chips had continued. Instead, …
Read More »Stocks fall in whipsaw trading action as inflation report looms
Markets are on edge ahead of a few key catalysts this week. But while an update on consumer prices is top of mind for investors, a more immediate event is taking place Tuesday evening: the first presidential debate between Donald Trump and Kamala Harris. Yahoo Finance’s Ben Werschkul has you …
Read More »Why Sirius XM Stock Dropped an Unlucky 7% Today
Sirius XM Holdings (NASDAQ: SIRI) stock had tumbled by 7.2% as of 10:15 a.m. ET Tuesday after the company updated investors on its financial projections. On Tuesday morning, management announced that Sirius had completed its merger with Liberty Media’s Sirius XM tracking stock in a much-anticipated reverse stock split. It …
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Read More »S&P 500, Nasdaq edge higher as inflation report looms
US stocks wavered on Tuesday as investors geared up for a looming consumer inflation report seen as crucial to determining the size of the first US interest-rate cut in years. The benchmark S&P 500 (^GSPC) and tech-heavy Nasdaq Composite (^IXIC) ticked up roughly 0.4% and 0.7%, respectively, while the Dow …
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Read More »S&P 500, Dow futures waver as inflation report looms
US stock futures slipped into the red on Tuesday, as investors geared up for a looming consumer inflation report seen as crucial to determining the size of the first US interest-rate cut in years. Futures on the S&P 500 futures (ES=F) and Dow Jones Industrial Average futures (YM=F) hovered below …
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