After briefly becoming the world’s first-ever trillionaire last month, Elon Musk has now lost nearly half of his wealth as shares of SpaceX crashed 46% from its peak following the company’s mega market debut. Musk’s wealth peaked at around $1.33 trillion on June 16, when SpaceX shares soared to a lifetime closing high of nearly […]
Microsoft, Amazon and Google all reported surging cloud revenue last quarter. But Wall Street has delivered sharply differing verdicts on each of the three tech giants’ artificial intelligence spending plans, with investors increasingly seeking proof that Big Tech is getting bang for its AI buck. Photo credit: Google Maps A Data Center Under Construction In Ashburn, […]
Free cash flow strategies are ideal for investors searching for quality fundamental factors, especially in current times where certain large-cap valuations are suspect. VictoryShares and Solutions offer a suite of free cash flow (FCF) ETFs in the VictoryShares Free Cash Flow ETF (VFLO), VictoryShares Free Cash Flow Growth ETF (GFLW), and VictoryShares Small Cap Free […]
More evidence has emerged that consumers are wholeheartedly embracing payment apps and digital wallets as these two payment methods are used by most consumers, finds the WSFS Bank 2026 Money Trends Survey. Among the 1,022 respondents, 73% regularly use a payment app in 2026, up from 67% in 2023, and 64% regularly use a digital […]
Graphite prices have stayed under pressure through the first half of 2026 despite steady growth in battery demand, a disconnect that Amy Bennett, principal consultant at Fastmarkets, says comes down to one persistent factor: China’s grip on the supply side. Speaking with the Investing News Network at the Fastmarkets Global Battery and Critical Materials Conference […]
Turns out, becoming a beginner again is a professional advantage.
Consumers are tired of scrolling past content they suspect was never written by a person, and on LinkedIn, that suspicion is often correct. More than 40% of LinkedIn posts longer than 250 words are fully artificial intelligence-generated, according to AI detection company Pangram. The company looked at more than 1 million posts across LinkedIn, Medium, […]
If you miss the July 31 income tax return (ITR) deadline, you can still file a belated return, but it could be expensive. Apart from a late filing fee of up to Rs 5,000, taxpayers may also have to pay interest on unpaid taxes, lose the benefit of carrying forward certain losses, and face […]
NYCHA has a notorious track record as the city’s largest landlord, but Mamdani wants to “reboot” the public housing authority — and make it more of a partner to private developers. The mayor’s agenda to address New York City’s housing crisis has brought back some long dormant ideas of how the public sector can help […]
The Insurance Regulatory and Development Authority of India (Irdai) on Friday tightened the regulatory framework for insurance intermediaries. It introduced measures to improve traceability of insurance sales and required certain intermediaries, including majority foreign-owned entities and those crossing specified commission-income thresholds, to make additional disclosures. The amendments cover corporate agents, insurance brokers, […]