Business

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Palantir Stock Is Going to Soar After Nov. 26

2024 has been a milestone year for data analytics company Palantir Technologies (NYSE: PLTR). Perhaps most important event for the company was its addition to the S&P 500 earlier this year — an achievement few thought was possible just four years ago when Palantir went public and was quickly written …

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Why Wolfspeed Stock Skyrocketed Today

Wolfspeed (NYSE: WOLF) stock posted explosive gains in Friday’s trading. The company’s share price ended the day’s trading up 31% and had been up as much as 35.4% earlier in the daily session. Wolfspeed stock gained ground in conjunction with news about the compensation for executive chairman Thomas Werner and …

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UPS to Pay $45 Million SEC Penalty Over Improper Valuation

(Bloomberg) — United Parcel Service Inc. will pay $45 million to settle claims by the US Securities and Exchange Commission that the courier misrepresented its financial results by improperly valuing its freight business. Most Read from Bloomberg The company failed to follow generally accepted accounting principles when it evaluated its …

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Can You Avoid Them While Still Working?

Required minimum distributions, or “RMDs,” are the government’s way of getting its tax money back on retirement accounts. Starting at age 73, anyone with a pre-tax retirement account such as an IRA or a 401(k), must begin must begin withdrawing a minimum amount from this account each year. This triggers a …

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