There have been massive gyrations in the stock market this year, despite the S&P 500 index still sitting close to all-time highs. For example, previously soaring Palantir Technologies (PLTR +0.52%) is down 41% from its highs, entering a deep drawdown and recently falling below $125. The artificial intelligence (AI) software analytics platform continues to grow…
Almost four years into the artificial intelligence boom, the world’s biggest tech companies are still making grand promises about the future. The problem is, they’re burning through their cash in the process. AI spending among the megacaps is projected to reach $765 billion this year, before rising to nearly $1.2 trillion in 2027, according to…
Gemini / Google Ford Motor Company is recalling more than 134,000 vehicles as part of two newly announced recalls, according to a recent notice posted on the National Highway Traffic Safety Administration’s (NHTSA) website. The recalls affect certain models of Ford’s F-150 and F-250 Super Duty trucks as well as certain models of the automaker’s…
Bond market investors may want to shift their focus toward the front of the yield curve, according to Allspring Global Investments’ Noah Wise. The bottom line: Focus exposure on short-term Treasurys over long duration. Wise, the firm’s head of global macro strategy and a senior portfolio manager, sees the strategy as part of a diversified…
Independent broker/dealer Cetera has hired two executives for its registered investment advisor channel from competitors. Torrance Chaplin, formerly of Primerica, will be the community leader of Cetera Investors, and Sean Marrin, formerly of Raymond James, will be the community leader of Cetera’s RIA Network. According to San Diego-based Cetera, Chaplin and Marrin will lead advisor…
Leopold Aschenbrenner Photo: Josh Edelson Two years ago, Leopold Aschenbrenner argued he was one of few people in the world who saw the future clearly. In a sprawling, 165-page essay that became required reading in Silicon Valley, the former OpenAI researcher positioned himself as a kind of prophet for the coming age of artificial super…
Sales are continuing to improve at small businesses, but cash flow remains under pressure, according to a new report. Processing Content Xero’s U.S. Small Business Insights report found that businesses are getting paid more reliably, but not more quickly. Although late payments improved during the June quarter, the small business accounting software maker found businesses…
Tom Holland stars as Peter Parker, aka Spider-Man in Sony and Marvel’s “Spider-Man: Brand New Day.” Sony Spider-Man is already webbing up a massive box-office haul. Sony and Marvel’s “Spider-Man: Brand New Day” secured $72 million in preview ticket sales, the highest collection for any domestic film in Hollywood history. The previous record holder was…
Please enable JavaScript if it is disabled in your browser or access the information through the links provided below. July 31, 2026 Federal Reserve Board requests comment on a proposal to modernize its rule governing the extension of credit to bank “insiders”—bank executives, board members and major shareholders who…
IKEA has a shiny new cookware set that takes inspiration from high-end lookalikes with much heftier price tags and taps into one of 2026’s biggest colour trends. The GULDÖRING 7-piece cookware set, available now for £59 via IKEA, is available in a burgundy shade that our Decor Editor predicted would be this year’s most stylish…