Articles

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%.

Enphase calls for better times ahead, but Europe is still a worry for solar-power company

Wall Street was keeping a close and cautious eye on Enphase’s outlook ahead of Tuesday’s numbers, due to competition in U.S. and continued softness in the EU.

Mattel stock rallies on upbeat profit outlook, despite expected tariff impact

Shares of Mattel Inc. jumped after hours on Tuesday after the toy maker forecast an adjusted per-share profit for this year that came in above analysts’ expectations, as it takes actions — including potential changes to its prices — to offset a fresh round of tariffs from President Donald Trump.

Snap sees another bump in its most loyal users, and company’s stock rises 12%

Shares of Snap Inc. rose in the extended session Tuesday after the Snapchat parent swung to a quarterly profit and grew the ranks of its most loyal users.

Chipotle’s stock sinks after earnings, as sales trends disappoint investors

Some analysts said tougher comparisons, harsher weather and holiday timing may have put pressure on the fast-casual chain’s recent sales.

How much should you be paying for tax prep? Read this first.

Major tax-prep providers like Intuit’s TurboTax and H&R Block say they can do “simple” federal income-tax returns for free. The IRS also has two different free filing options equipped for these types of returns.

The bond market is signaling two things about Trump’s second term

President Trump’s trade-war tactics have been tough for investors to parse, especially as stocks zigzagged to start the week amid mixed message from the bond market.

Buffett’s Berkshire Hathaway buys more Sirius XM stock as it continues to bounce

Warren Buffett’s Berkshire Hathaway has spent another $54 million to purchase Sirius XM stock, giving it a stake of more than 35% in the satellite-radio company.
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