Finance

Finance

California May Face Insurance Crisis as Peak Wildfire Season Looms

Photo by CAL FIRE via Public Domain Mark 1.0

The FAIR Plan, which insures California’s highest-risk homes, will only have about $305 million left by June.

1 min read

Photo by Tötös Ádám via Unsplash

Markets

Markets Are Finally, For Real, Pricing in An Economic War

On Tuesday, President Donald Trump slapped import duties on Canada and Mexico, kicking off a full-fledged economic war.

2 min read
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M&A

Will M&A Activity Ever Turn Around This Year?

According to Dealogic, just 1,603 deals have been signed this year through Friday, down 19% year-over-year.

2 min read
Photo via Nvidia Media Assets

Finance

As Nvidia Reports Earnings, Magnificent Seven Investors Rethink Their Bets

Hedge funds are still all in on the AI boom that drove the Magnificent Seven’s gains, they just think it’s creating value elsewhere now.

2 min read

Finance

Federal Contract Spending Cuts Bleed Accenture Stock Price

Photo by JiriMatejicek via CC BY-SA 3.0

Accenture said during its earnings call last week that DOGE-led federal spending cuts were starting to hit sales.

2 min read

Banking

Goldman Sachs Downgraded by Investment Bank Oppenheimer

Photo by Dan Totilca via iStock

Analysts said they now expect US investment banking revenue to be flat this year, instead of jumping 32% as predicted previously.

2 min read

Big Tech

Google Strikes $32 Billion Deal for Cloud Security Startup Wiz

Photo by Allen Boguslavsky via Pexels

The massive acquisition could give Google an edge as AI accelerates Big Tech’s race to win over cloud customers.

2 min read

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