Articles

Nvidia, Caterpillar and other winners and losers from DeepSeek’s emergence, according to JPMorgan

Nvidia — whose market cap dropped by $600 billion in a single day on the emergence of the Chinese AI chatbot DeepSeek — is actually going to be a beneficiary of the new service, according to a new report from JPMorgan.

‘He has a son and 2 grandkids’: My dear friend, 62, was given 6 months to live. Will his second wife get everything?

“Without his disability checks, his second wife might end up having to sell the house.”

Kevin Costner: The insanely lucrative property portfolio of one of the highest-paid actors in Hollywood

Kevin Costner has fiercely denied romance rumors with Jennifer Lopez, so where is the Hollywood star hunkering down?

O.J. Simpson’s estate sues his son Justin over ownership of $835K Las Vegas home

The lawsuite claims he “improperly” took ownership of the Las Vegas property where the former NFL player died in April 2024.

Novo Nordisk sales beat estimates, but the story wasn’t Ozempic

Danish drugmaker Novo Nordisk on Wednesday posted another quarter of rapid profit growth, though the story for once wasn’t its wildly popular weight-loss drugs.

Ten-year Treasury yields dip below 4.5% ahead of ADP jobs report and services surveys

Bond yields fell early Wednesday as fears about tariff-driven inflationary pressures subsided somewhat.

Morgan Stanley’s finally given up on the idea the Fed will cut in March. What went wrong.

Morgan Stanley has now given up on its contrarian stance the Federal Reserve will cut interest rates in March.

Why central banks’ hunger for gold shows ‘no sign of being quelled’ this year

Central banks stretched their gold-buying streak to a 15th consecutive year in 2024, contributing to rise in total demand for the precious metal to its highest annual level on record — with no sign of an end this year to their “hunger” for gold, according to the World Gold Council.

Nissan reportedly balks at Honda’s terms, putting their merger in doubt

Shares of Nissan Motor Co. and Honda Motor Co. rose overnight following reports that the automakers’ proposed merger may be scrapped.

AMD stops giving AI-chip revenue forecast. History says that’s not a great sign.

AMD did not break out a specific revenue number or forecast for its AI chips, a move that is bothering investors.

Why Trump’s sovereign-wealth fund won’t Make America Great Again

Hard pass on this idea

Bernie Sanders floats a bipartisan bill to fulfill a Trump campaign promise. Critics say it’s ‘pandering.’

Many Americans are paying credit-card interest rates over 20%, but a new bill from a bipartisan duo would slice their card costs in half with a temporary rate cap of 10%.
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