Articles

Here’s what has to happen for Nvidia’s price to be justified, says the dean of valuation

Nvidia’s AI business can’t justify a $3 trillion valuation — but here’s what can, says a NYU finance professor.

‘He does not manage his own bills’: My brother is about to take Social Security. Should we put his inheritance from our father’s estate into an annuity?

“My other brother, who understands finances much better than me, says no one likes annuities.”

This supercool upscale Boston loft listed by Celtics champ Jaylen Brown could be yours for $4.75 million

Located in a former textile factory building, the corner unit retains many century-old details in 3,000 square feet of chic living space.

Golf star Paula Creamer is selling this gorgeous luxury Florida estate for $6.9 million

The statement-making estate has a luxurious aesthetic with soaring ceilings and state-of-the -art gym.

Treasurys recover after poor auction as traders await U.S. labor-market report

U.S. bond yields fell early Thursday, reversing a move partly caused by a poor auction of 10-year notes on Wednesday, and amid concerns that new jobs data may provide further evidence of weakness in the U.S. economy.

Retail investors haven’t been this pessimistic in nine months, AAII survey finds

The latest American Association of Individual Investors survey finds retail investors are the most pessimistic they’ve been in nine months.

Why your days of sharing passwords for Disney+, Hulu and Max are numbered

Disney, owner of Disney+, Hulu and ESPN+, said Wednesday it will start reining in shared accounts in September. Separately, WBD, owner of Max, said it will do the same in the coming months.

BOJ board discussed future policy path at July meeting, summary shows

A summary of opinions given at the Bank of Japan’s last meeting suggests that some members see room for further rate hikes and policy normalization, if the economy develops in line with projections.

Novartis says FDA gives accelerated approval for kidney-disease treatment

Novartis said it received accelerated approval from the U.S. Food and Drug Administration for a treatment to bring down elevated levels of protein in the urine of adults who have a rare kidney disease.

Monster Beverages’ stock is sinking. Executives are blaming convenience stores.

Shares of Monster Beverage Corp. sank after hours on Wednesday, after the energy-drink maker reported second-quarter profit and sales that missed expectations, following what management said was a consumer shift away from the convenience stores where energy drinks are often sold.

Zillow names Jeremy Wacksman its new CEO as company narrows losses

Zillow Group co-founder Rich Barton is stepping down as chief executive of the home-listing site, which named operating chief Jeremy Wacksman as its next leader.

Intel’s stock is down 38% in a week — and it just got downgraded again

Big selloffs sometimes prompt upgrades by analysts urging investors to buy the dip — but in Intel’s case, another bull just jumped ship.
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