Business

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What Does This Purchase Say About Billionaire Spending?

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 …

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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 …

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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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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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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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