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Bitcoin Climbs Closer to $100,000 on Trump’s Support for Crypto
(Bloomberg) -- Bitcoin closed in on the historic $100,000 level, fueled by optimism that President-elect Donald Trump’s support for crypto heralds a boom as the US pivots to friendly regulations in place of a crackdown.Most Read from BloombergParis to Replace Parking Spaces With TreesTrump Promises Could Have Seismic Impact on Washington EconomyTokyo’s Scorching Summers Focus Public Anger Against Tree CuttingNew York’s Transit Agency Approves $9 Congestion TollNYC Mayor Adams Names Jessica Tisch
Elon Musk's Father Says It Would Be 'A Big Concern' If Elon Had To Step Away From Board Meetings At His Companies To 'Go To Government'
Errol Musk, the father of billionaire entrepreneur Elon Musk, recently spoke about his son's new role in Donald Trump's administration, where Elon Musk and Vivek Ramaswamy were appointed to lead the newly formed "Department of Government Efficiency" (DOGE). The planned presidential advisory commission aims to reduce waste, cut bureaucracy and improve efficiency across federal agencies. Don't Miss: Deloitte's fastest-growing software company partners with Amazon, Walmart & Target – You can still
If I Convert $235k to a Roth IRA, Will It Affect My Medicare Premiums?
Because Medicare premiums are tied to income, converting a $235,000 retirement account to a Roth IRA has the potential to cause Medicare Part B premiums to increase. For many taxpayers, in fact, a single-year conversion of that magnitude could more than triple the amount of the monthly premium most Medicare enrollees pay for Part B […] The post If I Convert $235k to a Roth IRA, Will It Affect My Medicare Premiums? appeared first on SmartReads by SmartAsset.
Why Super Micro Computer Stock Reversed Course Today
Shares of Super Micro Computer (NASDAQ: SMCI) soared yesterday after the company announced that it filed a plan to remain listed on the Nasdaq Stock Exchange and, maybe more importantly, hired a new independent auditor. Appointing a new auditor was critical, and maintaining its listing on the Nasdaq exchange is also important for the company and the stock. In a business update presented on Nov. 5, the company reduced revenue guidance for its fiscal 2025 first quarter ended Sept. 30.
Nvidia Shares To Climb Over $140+ Levels, Says Technical Analyst Ahead Of Q3 Results: '...Will Have To Beat Street Expectations For The Trend To Continue'
The world’s largest market capitalization company, Nvidia Corp (NASDAQ:NVDA), will report its September quarter earnings on Wednesday, Nov. 20. The street is keenly waiting for the company to report its financials as its shares have risen 191% ...
1 Growth Stock Down 68% to Buy Before Its Turnaround, According to Wall Street
The stock has since declined by about 68% from that record high, but Wall Street sees a turnaround on the horizon. Among the 45 analysts who follow the company, the median price target is $169 per share -- 33% higher than its current share price of $127. It also has a marketplace for data sharing and monetization, creating a network effect that makes the platform increasingly useful as more clients participate.
Nvidia CFO Says Blackwell Demand Is ‘Staggering.' The Stock Is Rebounding
Nvidia’s next generation GPU, Blackwell, is officially in high demand. “Blackwell demand is staggering, and we are racing to scale supply to meet the incredible demand,” chief financial officer Colette Kress said on the company's conference call with investors. The executive also said Blackwell ha
According To Dave Ramsey, Answering These Two Questions Could Be The Difference Between Living Wealthy Or Struggling Financially
Dave Ramsey, the popular personal finance expert, believes that two simple questions could be a game-changer for anyone hoping to build wealth: "How much does it cost?" and "How much is the down payment?" Ramsey says those with a healthy financial mindset tend to ask the first question, while others struggling financially often ask the second. He argues that this subtle difference is more important than many realize. Don't Miss: Many are using this retirement income calculator to check if they’r
Robert Kennedy Jr. Says 'Most' Of His Wealth Is In Bitcoin, Is 'Committed' To The 'Currency of Freedom'
Former presidential candidate Robert F. Kennedy Jr. stated at UFC 309 in New York City on Saturday that a significant part of his wealth is in Bitcoin (CRYPTO: BTC). Don't Miss: 1 in 4 Americans own a share of Bitcoin according to NASDAQ — this platform touts returns as high as 12.5% APY and is giving $100 in welcome rewards if you sign up today. ‘Scrolling to UBI': Deloitte's #1 fastest-growing software company allows users to earn money on their phones – invest today with $1,000 for just $0.25
New Car Or Old Reliable? Suze Orman's Surprising Advice On Listener's 20-Year-Old Car
For many, a car is more than just a way to get from point A to point B – it can carry emotional value and memories. This was evident in a recent Women & Money podcast episode, where a listener named Ruth sought advice from Suze Orman about her 20-year-old car. Ruth's question: "Should I get over my nostalgia or should I drive the Saturn into the ground?" Don't Miss: The number of ‘401(k)' Millionaires is up 43% from last year — Here are three ways to join the club. Can you guess how many America
3 Unstoppable Multibaggers Up Between 965% and 3,450% Since 2014 to Buy After a Recent Pullback
One of my favorite opportunities when investing is finding long-term multibaggers that have recently experienced short-term pullbacks in their share prices. Three high-growth businesses currently meeting these requirements are Celsius (NASDAQ: CELH), MercadoLibre (NASDAQ: MELI), and Wingstop (NASDAQ: WING). After delivering share price increases ranging from 965% to 3,450% over the last decade, these multibaggers have pulled back between 11% and 73% from their 52-week highs.
Billionaire Gautam Adani of India's Adani Group charged in US with bribery, fraud
NEW YORK (Reuters) -Gautam Adani, the billionaire chair of Indian conglomerate Adani Group and one of the world's richest people, has been indicted in New York over his role in an alleged multibillion-dollar bribery and fraud scheme, U.S. prosecutors said on Wednesday. Authorities said Adani and seven other defendants, including his nephew Sagar Adani, agreed to pay about $265 million in bribes to Indian government officials to obtain contracts expected to yield $2 billion of profit over 20 years, and develop India's largest solar power plant project. Prosecutors also said the Adanis and another executive at Adani Green Energy, former CEO Vneet Jaain, raised more than $3 billion in loans and bonds by hiding their corruption from lenders and investors.
Nvidia's AI chip demand still booming but slowing sales growth worries investors
SAN FRANCISCO (Reuters) -Nvidia forecast its slowest revenue growth in seven quarters on Wednesday, with the artificial intelligence chipmaker failing to meet lofty expectations of some investors who have made it the world's most valuable firm. Shares of the Santa Clara, California-based company fell 5% after it posted results but quickly pared losses to trade down 2.5% after hours. Expectations ran high ahead of the results, with Nvidia shares up more than 20% over the last two months and hitting an intraday record high on Monday.
Want Safe Dividend Income in 2024 and Beyond? Invest in the Following 3 Ultra-High-Yield Stocks.
Investing in dividend-paying stocks has proven rewarding to shareholders. Hence, it's clearly important to them to reward shareholders with dividends. Coca-Cola (NYSE: KO) is known around the globe for its soda products.
Nvidia's supply snags hurting deliveries but mask booming demand
Nvidia's revenue forecast on Wednesday disappointed Wall Street, raising questions over whether the artificial intelligence boom is waning. There is no shortage of companies eager to create new AI systems using Nvidia's superior chips, and the world's largest publicly listed company is selling them as fast as its chipmaking contractor Taiwan Semiconductor Manufacturing Co can make them. Nvidia forecast its slowest revenue growth in seven quarters on Wednesday, pushing its stock down 2.5% after hours, and said supply chain constraints would lead to demand for its chips exceeding supply for several quarters in fiscal 2026.
‘Difference Is Trump’: American Homebuyers Brace for Rate Pain
(Bloomberg) -- Before Donald Trump’s election, Redfin Corp. projected mortgage rates would average 6.1% next year. But three days after the election, they revised their estimate upward to 6.8% – basically unchanged from today’s high levels.Most Read from BloombergParis to Replace Parking Spaces With TreesTrump Promises Could Have Seismic Impact on Washington EconomyNew York’s Transit Agency Approves $9 Congestion TollTokyo’s Scorching Summers Focus Public Anger Against Tree CuttingNY Congestion
How Nvidia Stock Typically Trades After Earnings, According to History
Nvidia stock has soared 195% this year as investors snatch up shares of the semiconductor company that gets the most love on Wall Street. Its products power generative artificial intelligence technology for many companies. History shows that Nvidia stock tends to rise after the company reports its
What's The Average 'Upper Class' Retirement Nest Egg? Here's A Look At What The Wealthiest 20% Have Stashed Away
You're scrolling through social media and another friend is showing off their latest Mediterranean cruise. It's hard not to wonder – are they living the dream or ignoring the whole "retirement savings" thing? If they're part of the upper class, there's a good chance they have the money to fund both their vacations and their future. But how much have they saved for retirement? And where do you stand? Don't Miss: The number of ‘401(k)' Millionaires is up 43% from last year — Here are three ways to
1 Vanguard Index Fund May Beat the S&P 500 by 100% in the Next Few Years, According to a Wall Street Analyst
In general, the S&P 500 (SNPINDEX: ^GSPC) is the preferred stock market barometer for large-cap companies, while the Russell 2000 is the preferred stock market barometer for small-cap companies. S&P 500: Includes 500 large-cap companies that cover about 80% of U.S. equities by market value. Russell 2000: Includes nearly 2,000 small-cap companies that cover about 5% of U.S. equities by market value.
Donald Trump’s commerce secretary pick Howard Lutnick is a Wall Street titan who lost his brother—and nearly 70% of his employees—in the 9/11 attacks
Some call Howard Lutnick the “most hated man on Wall Street.” Others applaud his business acumen and consistent charity efforts after the World Trade Center devastation.
Unity Stock Could Soar as Turnaround Takes Hold
Video game engine developer Unity (NYSE: U) is a classic case of a company with incredible assets that nevertheless fumbled its way into a crisis. Unity is one of two major commercial game engines that dominate the market, along with Epic Games' Unreal Engine. Despite this dominant position, Unity has made some disastrous decisions over the past few years that have decimated the stock.
Comcast to proceed with plans to spin off its cable channels, sources say
Comcast is moving forward with plans to spin off its NBCUniversal cable television networks including MSNBC and CNBC, sources say, shedding a once core part of the business that has been a casualty of the streaming video revolution. The company last month told investors it was evaluating hiving off its cable networks into a separate company owned by Comcast's shareholders. "We think there could be an opportunity to play some offense," said Comcast President Michael Cavanagh said during the company's third quarter investor call.
Nebraska files antitrust lawsuit against heavy-duty truck makers over EV push
(Reuters) -Nebraska Attorney General Michael Hilgers on Tuesday filed an antitrust lawsuit against some of the largest heavy-duty truck manufacturers accusing them of limiting the availability of diesel-powered semi-trucks in a shift to clean electric trucks. The lawsuit says the truck makers are engaged in "an industry-wide conspiracy" to phase out medium and heavy-duty internal combustion vehicles, driven by California's green regulations that aim to eventually end production of such semi-trucks. The attorney general filed suit in state court against Daimler; Navistar, a unit of Volkswagen's Traton; Paccar; Volvo Group North America; and the Truck and Engine Manufacturers Association.