Elon Musk lashed out at Minnesota Governor Tim Walz for mocking Tesla's stock decline, calling him a "creep" and "evil," as the EV maker faces mounting investor pressure amid falling shares and political controversy.
Former TSMC executive Chiang Shang-Yi says Intel is no longer a chip industry leader and should stop chasing cutting-edge nodes, instead merging with mature chipmakers like UMC or GlobalFoundries to stay competitive.
Human capital management (HCM) stocks may be catching investors' attention as fears of an escalating trade war and hotter-than-expected PCE data led to a sharp decline among the broader indexes on Friday.
Zoom Communications Inc. is best known for its video conferencing software globally. But did you know the company has rebranded and is now expanding into artificial intelligence (AI) and other communication tools?
Whether you’re building AI internally or relying on vendors, your growth may be constrained by bottlenecks you don’t control. OpenAI will scale up. Everyone does — eventually.
Personal income growth at +0.8% m/m vs +0.4% Bloomberg consensus, while consumption growth is +0.4% m/m vs 0.5% consensus. GDPNow adjusted for gold imports now at -0.5% q/q annualized.
Next week's main event is Donald Trump's reciprocal tariffs. We’ll also get news on the US investigation of the Phase One Trade Agreement with Beijing, TikTok’s fate, growth in China, Japan, South Korea and Taiwan and Australian rates.
If you have a 20% VAT, and export goods to another country with a 20% VAT, obviously, there is no advantage. But what if you export to a country with no VAT?
The sticky inflation narrative hasn't exactly been the tailwind dollar bulls were hoping for. In fact, the greenback’s muted reaction—despite a hotter-than-expected core PCE print—might be flashing early warning signs.
From my own perspective, arguments in favor of industrial policy often devolve into a list of injustices purportedly faced by US firms in global markets. The injustices sometimes seem real to me; other times, not so much.
Retirement should be a time of financial peace, not stress; yet, for many soon-to-be retirees, the transition from wealth accumulation to income generation can be challenging.
The US Dollar Index, which measures the value of the US Dollar against a basket of currencies, is currently flat near 104.30 on Friday following the release of the Fed preferred inflation metric — the PCE Price Index.
Utilities stocks and ETFs have always been attractive for older investors needing income and relative price stability. In the current maelstrom, it may be the only sane place to invest for growth.
