Alphabet and Tesla took a hit from soaring AI spending. Will Microsoft, Meta and Amazon be next?
Big Tech’s binge is draining free cash flow — and the bond markets are taking notice.
Big Tech’s binge is draining free cash flow — and the bond markets are taking notice.
If you don’t have much of a work history, you may be in line for a modest monthly Social Security benefit — if you even qualify for benefits at all. But in that case, you may still have options. If you’re married or an eligible divorcee, you may be entitled to receive spousal benefits from…
Tesla’s stock dropped more than 14% on Thursday, July 23, after company CEO Elon Musk addressed investors amid a record number of unsold EVs and an uptick in the number of automated driving crashes reported by the company. Tesla stock dropped 14.52%, to nearly $319 per share by the end of trading Thursday on the…
Oil prices climbed on Wednesday morning to a six-week high after the U.S. struck Iran for the 11th night in a row, and President Trump warned that the U.S. will bomb Iran’s bridges and power plants if Tehran shoots at ships in the Strait of Hormuz.
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A Washington-based woman pleaded guilty to impersonating a financial advisor in a scheme that defrauded at least 28 victims of more than $3 million, the Justice Department announced. According to court documents, Jenni Yoon Jeong Lee is a 53-year-old woman based in Federal Way, Wash., a Seattle suburb about 20 miles from the city. She…
The last few weeks, I’ve been covering my eyes before I look at my investments, and only peeking through my fingers — as if I’m facing Freddy Kruger rather than a series of numbers. It doesn’t help that the financial headlines are full of frightening potential futures: a possible recession, trade wars, and potential market…