Business

A hypothetical stock portfolio has taken hands-off investing to a whole new level. Jeffrey Ptak, a chartered financial analyst (CFA) for Morningstar, recently devised a passive investment portfolio that’s based on the composition of the S&P 500. But instead of replacing stocks with new companies as they’re delisted from the …

With its recent addition to the S&P 500, Palantir (NYSE: PLTR) is taking center stage. While the company isn’t new — it was founded by Peter Thiel, Stephen Cohen, and Alex Karp in 2003 — recent advancements in artificial intelligence (AI) have supercharged its abilities. The intelligence company is demonstrating …

Cryptocurrency is an emerging asset class that’s been rising in popularity during the past several years. I see a couple of valid reasons to consider investing in crypto. First, I think some investors are intrigued by the idea of digital currencies replacing fiat money in the future — hence, buying …

In just three days, Americans will head to the polls or mail in their ballots to determine which presidential candidate — current vice president and Democratic presidential nominee Kamala Harris, or former president and Republican presidential nominee Donald Trump — will lead our great nation over the next four years. …

There’s no question that Nvidia (NASDAQ: NVDA) has been the principal beneficiary of recent advances in artificial intelligence (AI). The company’s graphics processing units (GPUs) quickly became the gold standard for generative AI, capturing a stunning 92% of the data center GPU market, according to market researcher IoT Analytics. Nvidia …

By Arsheeya Bajwa (Reuters) -Intel (INTC) will be replaced by Nvidia (NVDA) on the blue-chip Dow Jones Industrial Average index after a 25-year run, underscoring the shift in the chipmaking market and marking another setback for the struggling semiconductor firm. Nvidia will join the index next week along with paint-maker …

Reuters US stocks started November with gains even as the latest jobs came in much weaker than estimates. Job gains were the lowest since December 2020, impacted by hurricanes and the Boeing strike. Amazon shares surged on its latest earnings beat, while Apple fell on weak China results. US stocks …

NYSE Traders working during the opening bell.JOHANNES EISELE/AFP via Getty Images US stocks rose as the October jobs report missed estimates, with just 12,000 jobs added. Hurricanes and the ongoing Boeing strike contributed to the lightest print since December 2020. Interest rates fell. Tech earnings showed mixed results, with Amazon …

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By Erwin Seba HOUSTON (Reuters) – Chemical maker LyondellBasell Industries on Friday detailed its long-announced plan to permanently shutter its 263,776 barrel-per-day (bpd) Houston oil refinery in the first quarter of 2025. The planned closing marks the latest in a wave of U.S. refinery closures as motor fuel demand is …