Smart, actionable news trusted by millions.
Delivering exclusive news and sharp analysis on finance and investing—all for free.
JUST FOR FUN
View this post on Instagram A post shared by Helfrich Men’s Club (@helfrichmensclub)
A post shared by Helfrich Men’s Club (@helfrichmensclub)
Life is notoriously tough for those on the bottom rung of the Wall Street ladder, where weeks can stretch up to 100 hours.
Some of the largest S&P 500-based funds lost billions this year as institutional investors sought out cheaper alternatives.
Counterpoint data found the iPhone 17 lineup outsold the iPhone 16 by 14% in the US and China for its first 10 days.
China’s GDP growth fell to 4.8% in the third-quarter, down from 5.2% in the second quarter and the slowest pace in a year.
SIFMA called the current regulations burdensome, costly and unnecessary.
PayPal’s PYUSD is the world’s sixth-largest stablecoin with a current market cap of $2.7 billion, all fully-backed by US dollar deposits.
Some adult children are making a run on the “Bank of Mom and Dad”, and it’s beginning to throw a wrench in clients’ financial plans.
Bloom Energy teams with Brookfield Asset Management to help cover a 75-gigawatt shortfall in US electrical power due to the AI boom.
Tokenized securities are moving closer to a reality as issuers make plans to bring more assets and funds on-chain.
The gold standard hasn’t made a comeback, but the precious metal’s price is breaking records as confidence in the US dollar fades.
Even with the lights out at the SEC, it’s unlikely that ETF issuers seeking 3x and 5x funds will sail through the approval process.
Glimpse into the future of technology.
Adobe’s system would use machine learning to help AI deliver the content that users want from large language models.
The company still makes more than 90% of the world’s most advanced AI chips and is a leading supplier for nearly every major tech firm.
Over one million brokerage accounts have now been opened with Charles Schwab for four consecutive quarters.
No one knows the future, but high inflation could make some investments virtually worthless.