Articles

How AI compares to 11 other capital-spending explosions: When they bust – and boom again

Strategists at Raymond James, led by Tavis McCourt, said the artificial intelligence capital-spending boom is on par with the biggest over the last 150 years.

My golf buddy dropped me when I didn’t make him my financial adviser. Be careful who you trust.

“Friendliness alone is not a sufficient reason to trust someone with your finances.”

Drew Barrymore finds a buyer for $5 million Westchester mansion built in the 1740s

Actress Drew Barrymore’s 280-year-old weekend retreat has an offer, just weeks after it was put on the market for $4.99 million, following her dramatic restoration.

Kathleen Kennedy Townsend quickly finds a buyer for charming $1.6 million Cape Cod home

The Kennedy heiress has already secured an offer for the quaint home near the Kennedy family’s famed Hyannis Port compound.

Hynix quickly joins Micron in the $1 trillion club as one bank argues AI is actually underhyped

The frenzy in memory-chip stocks continued on Wednesday as SK Hynix took less than 24 hours to join American peer Micron Technology in the $1 trillion valuation club.

Goldman Sachs hikes S&P 500 target and rejects bubble-era comparisons

Speculative fervor is high but not at elevated levels pointing to a big market pullback

‘The timing couldn’t have been better’ for investors in MSGS as the Knicks make the NBA Finals

Shares of MSG Sports have climbed 39% this year and are up 88% over the last 12 months. And that was before the Knicks made it to the NBA Finals.

How a stock market ‘melt-up’ could carry the S&P 500 to 8,000 or beyond

The hottest thing in the U.S. this summer isn’t the weather — it’s the rip-roaring stock market.

SpaceX just won a $2 billion contract to make satellites for the Space Force

The U.S. Space Force on Tuesday awarded SpaceX a new, pricy satellite contract, further tying the company to its biggest customer.

Gen Z demands bigger bargains — driving gains for discount retailers like Walmart and Ross

As seemingly everything gets more expensive, younger consumers are increasingly driving growth for the nation’s biggest discount retailers.

The bond market has been rocked by a violent selloff. Here’s how to play it.

The bond market is tied up in knots about the Iran war and inflation, as well as what the Federal Reserve under new chair Kevin Warsh might do about it.

Happy birthday, Dow! Being 130 years old doesn’t make it too antiquated to follow.

The Dow turns 130 years old, and despite its recent underperformance, it still remains relevant to most investors.
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