Finance

11 hours ago - 2 min read.

Dividend stocks are poised to outperform, says Bank of America. Here are names on its list

History shows in this economic environment, dividend stocks have led the way higher a majority of the time, Bank of America's Savita Subramanian said.

17 hours ago - 1 min read.

Trump advisors are considering plans to dramatically revamp the Fed, WSJ report says

Trump's political operatives are putting together a plan that would give him unprecedented influence over the Fed, the report states.

17 hours ago - 4 min read.

xAI, Elon Musk’s OpenAI rival, is closing on $6B in funding and X, his social network, is already one of its shareholders | TechCrunch

xAI, Elon Musk’s 10-month-old competitor to the AI phenom OpenAI, is raising $6 billion on a pre-money valuation of $18 billion, according to one trusted

techcrunch.com

17 hours ago - 3 min read.

Global Founders Capital will deploy Rocket Internet’s cash instead of raising a new fund | TechCrunch

After raising two $1 billion funds, Global Founders Capital isn’t raising a third fund. Instead, the firm will invest Rocket Internet’s cash.

techcrunch.com

17 hours ago - 3 min read.

PCE inflation March 2024: Key Fed inflation measure rose 2.8%

The core personal consumption expenditures price index was expected to increase 2.7% from a year ago in March, according to the Dow Jones consensus estimate.

Microsoft says cloud AI demand exceeds supply despite spending surge

Microsoft has more demand than supply for running artificial intelligence models in the cloud.

a day ago - 2 min read.

Here's where Meta shares could go from here after their post-earnings sell-off, according to the charts

Since February, Meta Platforms has been trending slightly higher on weaker price momentum.

a day ago - 3 min read.

Investor Ron Baron says Tesla is at a bottom, sees 'huge' future move

'It's going to go up huge. Now is the bottom. What they are doing is going into robotaxis and going to make the low-cost cars,' Baron said.

2 days ago - 2 min read.

Standard Chartered: Bitcoin (BTC) to hit $150,000 after halving

Bitcoin is set for more price gains later this year, even after a recent retreat in prices, according to Standard Chartered's top crypto analyst.

2 days ago - 3 min read.