The AI boom just found two new winners: Goldman Sachs and JPMorgan Chase
American megabanks on Tuesday gave evidence that the global artificial intelligence boom isn't just benefiting tech giants and chip makers.
City & Markets
Lucid dismisses report that it is weighing filing for bankruptcy or going private after shares plunge
Lucid Motor stock fell more than 40% at one point and trading was halted for volatility multiple times Tuesday amid speculation that the company is considering new options.
Zipline adds ex-Tesla, Uber, Waymo execs to make drone delivery mainstream across U.S.
South San Francisco startup Zipline is adding former Tesla and Waymo execs to its C-suite, and bringing on a former Uber executive to lead its commercial expansion, as the company scales its drone del…
Stocks Rally on Fed-Friendly CPI Report
The S&P 500 Index ($SPX) (SPY) today is up +0.30%, the Dow Jones Industrial Average ($DOWI) (DIA) is up +0.60%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up +0.97%. September E-mini S&P futures (ESU26…
Bipartisan group of senators propose Social Security reform process ahead of funding shortfall
A bipartisan group of senators is introducing a bill to initiate action on Social Security reform.
Employees sue Meta, alleging discrimination in using AI to make layoffs
A coalition of current and former Meta employees have sued the social media giant, alleging that the company used artificial intelligence in its latest round of layoffs in a way that was discriminator…
Dollar Falls and Gold Rallies as US CPI Trails Estimates
The dollar index (DXY00) is down by -0.55% today. The dollar is retreating today after US June consumer prices rose less than expected, a dovish factor for Fed policy. Also, the benign CPI report has …
Netflix vs. Disney: How Streaming Still Determines Which Entertainment Stock Is the Best Buy Now
The streaming wars have moved beyond content to include advertising, live sports, amusement parks, and intellectual property (IP). While both Netflix (NFLX) and Disney (DIS) dominate the global entert…
Form 4 AMREP Corp For: 14 July
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My husband and I are retired. Our financial adviser, who is in his 30s, called us ‘you guyses.’ Is that unprofessional?
33 Undervalued Stocks to Buy Before the Market Catches On Here’s the new list of Morningstar’s top analyst picks for the third quarter of 2026. Susan Dziubinski
Stocks Supported as Bond Yields Slide on Weak CPI Report
The S&P 500 Index ($SPX) (SPY) today is up +0.38%, the Dow Jones Industrial Average ($DOWI) (DIA) is up +0.07%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up +0.97%. September E-mini S&P futures (ESU26…
Skip the lettuce, cook your other greens and more advice on avoiding cyclosporiasis
In recent weeks, headlines about an “explosive diarrhea” parasite have been seemingly everywhere, causing widespread concern. Cyclosporiasis typically spreads through contaminated food, and it’s been …
Stocks Rally on Fed-Friendly CPI Report
The S&P 500 Index ($SPX) (SPY) today is up +0.30%, the Dow Jones Industrial Average ($DOWI) (DIA) is up +0.60%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up +0.97%. September E-mini S&P futures (ESU26…
Paramount still plans to close WBD merger by end of September despite lawsuit
Paramount Skydance is still aiming to close its proposed acquisition of Warner Bros. Discovery by the end of September despite a recent lawsuit filed by state attorneys general challenging the deal, P…
E. Jean Carroll receives $5.6M from Trump in sex abuse, defamation case: Court filing
Writer E. Jean Carroll has been paid more than $5.6 million that she was owed as part of a federal civil jury verdict holding President Donald Trump liable for sexual abuse and defamation, a court fil…
Cotton Facing Early Tuesday Weakness
Cotton prices are down 50 to 64 points so far on Tuesday morning. Futures were mixed to start the week, with contracts down 9 to 10 points higher. Crude oil was up $6.54 on the day following increased…
Sugar Prices Gain as Brazil Boosts Its Gasoline Ethanol Blend
October NY world sugar #11 (SBV26) today is up +0.13 (+0.88%), and Aug London ICE white sugar #5 (SWQ26) closed up +5.30 (+1.14%).
Baird Raises PT on Mastercard (MA) Stock
Mastercard Incorporated (NYSE:MA) is one of the Best Monopoly Stocks to Buy According to Hedge Funds. On July 7, Baird raised its price objective on the company's stock to $680 from $660, and maintain…
Stocks Settle Lower as Chipmakers Routed and US-Iran Tensions Escalate
The S&P 500 Index ($SPX) (SPY) on Monday closed down -0.79%, the Dow Jones Industrial Average ($DOWI) (DIA) closed down -0.26%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed down -1.88%. September E-m…
Stocks Settle Lower as Chipmakers Routed and US-Iran Tensions Escalate
The S&P 500 Index ($SPX) (SPY) on Monday closed down -0.79%, the Dow Jones Industrial Average ($DOWI) (DIA) closed down -0.26%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed down -1.88%. September E-m…
Fed’s Warsh vows to ’do my job’ if challenged by Trump
Weeks after the end of a historic term, Supreme Court Justices Elena Kagan and Amy Coney Barrett are making a rare appearance before Congress, and facing wide-ranging questions as the high court seeks…
Social Security cost-of-living adjustment estimate for 2027 falls as inflation cools
Cooling inflation has also chilled some experts' expectations for the 2027 Social Security cost-of-living adjustment, which may be between 3.7% and 3.8%, according to new estimates.
Cybersecurity stocks rally on AI spending change comments from IBM's Krishna
Cybersecurity stocks jumped on Tuesday after IBM CEO Arvind Krishna flagged cyber fears as a top priority for customers in the company's preliminary second-quarter results.
United Airlines' new upsell: Keeping other travelers out of the middle seat
United Airlines has a new way to entice customers to pay more on board: no middle seat neighbor.