Long gone are the days when Elon Musk was merely ‘the Tesla guy.’ The billionaire entrepreneur has brought electric cars to the mainstream and reimagined rocket launches and space travel. He’s working to develop brain implant technology that allows humans to control devices with their thoughts. He aims to reinvent social media with X and
Last month, I (Tom Yeung) introduced eight cyclical stocks to buy immediately. These high-quality companies had winds in their sails, and all have since performed splendidly. As of writing, these companies have returned: CME Group Inc. (CME): 6.4% Cboe Global Markets Inc. (CBOE): 6.2% DTE Energy Co. (DTE): 7.0% Duke Energy Corp. (DUK): 4.9% Dominion
Cooling towers and reactors 3 and 4 are seen at the nuclear-powered Vogtle Electric Generating Plant in Waynesboro, Georgia, U.S. Aug. 13, 2024. Megan Varner | Reuters Expanding two power plants in Georgia and South Carolina with big, new reactors was supposed to spark a “nuclear renaissance” in the U.S. after a generation-long absence of
Warren Buffett walks the floor and meets with Berkshire Hathaway shareholders ahead of their annual meeting in Omaha, Nebraska on May 3rd, 2024. David A. Grogen | CNBC The mystery over Warren Buffett’s surprisingly defensive stance deepened over the weekend. The 94-year-old CEO of Berkshire Hathaway sold more stocks in the latest quarter and grew
Linka A Odom | Stone | Getty Images Company: Liberty Live Group (LLYVA) Business: Liberty Live Group is a tracking stock that represents Liberty Media Group’s ownership stake in Live Nation Entertainment. Live Nation operates as a live entertainment company worldwide. It operates through the following segments” Concerts, Ticketing, and Sponsorship & Advertising. The Concerts
In this article BABA Follow your favorite stocksCREATE FREE ACCOUNT GameStop Chairman Ryan Cohen. CNBC GameStop CEO and billionaire investor Ryan Cohen has increased his personal stake in Chinese e-commerce giant Alibaba to roughly 7 million shares worth about $1 billion, The Wall Street Journal reported Thursday. Citing people familiar with the matter, the Journal
For years, artificial intelligence has been trapped behind screens, powering chatbots and crunching data. But the next big revolution in AI won’t just talk; it will walk, move, and work in ways very similar to us. I’m talking, of course, about humanoid robots. These creations are finally stepping out of science fiction and into reality,
In this article RCL CCL Follow your favorite stocksCREATE FREE ACCOUNT The Royal Caribbean cruise ship ‘Explorer of the Sea’. Getty Images Shares of cruise lines tumbled Thursday after Commerce Secretary Howard Lutnick suggested the Trump administration would crack down on taxes paid by the companies. “You ever see a cruise ship with an American
Omar Marques | Lightrocket | Getty Images Investors continued to dump Palantir shares on Thursday, escalating concerns that the latest hot pick among retail traders could be fizzling out. Shares of the mysterious technology and defense stock retreated more than 13% on Thursday, building on the prior session’s slide of around 19%. Wednesday’s drop marked
President Donald Trump said his administration is going to audit the U.S. gold reserves kept at Fort Knox in Kentucky. “We’re going to go to Fort Knox, the fabled Fort Knox, to make sure the gold is there,” President Trump said Wednesday on Air Force One. A drive to audit Fort Knox has gained steam
Ever since ChatGPT’s grand debut launched the AI Boom in late 2022, pundits and skeptics alike have consistently called for the AI stock “bubble” to pop. And it will, eventually. All booms end in busts. History makes clear that it is not a question of “if.” It is simply a question of “when.” Just consider:
From ‘buy low, sell high’ to ‘bulls make money, bears make money, pigs get slaughtered,’ Wall Street’s favorite maxims are as famous as some of the traders who live by them. You might be familiar with mine: As go earnings, so go stocks. And right now, earnings are really good. The more money a business
Editor’s note: “Wall Street Under Trump: Highlighting History to See What’s Ahead” was previously published in November 2024 with the title, “Market Watch: How Trump’s Tariff Strategy Could Reshape This Rally.” It has since been updated to include the most relevant information available. Ever since Donald Trump won the 47th U.S. presidential election, the market
In this article MLM GNRC TMUS EQR TSN Follow your favorite stocksCREATE FREE ACCOUNT CEO of Meta and Facebook Mark Zuckerberg, Lauren Sanchez, Amazon founder Jeff Bezos, Google CEO Sundar Pichai and Tesla and SpaceX CEO Elon Musk attend the inauguration ceremony before Donald Trump is sworn in as the 47th US President in the
I remember when I saw my first iPhone. One of my college friends had bought the device and was gleefully showing it to everyone he could. At the time, most people thought it was nice… but not that nice. (Many felt that about our friend’s enthusiasm, too.) The 2007 iPhone was slow, chunky, and took
A view of the turbines at Orsted’s offshore wind farm near Nysted, Denmark, September 4, 2023. Tom Little | Reuters President Donald Trump promised to unleash U.S. energy dominance, but his sweeping executive order targeting wind power puts a pipeline of projects at risk that would generate enough electricity for millions of American homes. The
In this article MNDY PINS AMZN Follow your favorite stocksCREATE FREE ACCOUNT Dado Ruvic | Reuters Inflation worries, tariffs under the Trump administration and earnings season could continue to keep the stock market volatile and rattle investor sentiment. Investors looking for attractive stock picks should focus on the ability of a company to navigate ongoing
In this article PSX Follow your favorite stocksCREATE FREE ACCOUNT The Phillips 66 Los Angeles Refinery Wilmington Plant stands on November 28, 2022 in Wilmington, California. Mario Tama | Getty Images Company: Phillips 66 (PSX) Business: Phillips 66 is an energy manufacturing and logistics company. It operates through the following segments: Midstream, Chemicals, Refining, and
In the wake of Donald Trump’s victory in the 47th U.S. Presidential Election, the stock market has experienced a significant surge, often referred to as the “Trump Bump.” Since Election Day, the S&P 500 has climbed over 6%, while the Nasdaq has seen an impressive increase of more than 8%. These gains reflect investor optimism
A man exits the Iron Mountain Inc. data storage facility in Boyers, Pennsylvania, U.S., on Tuesday, Feb. 13, 2018. The underground data center, located in a former limestone mine, stores 200 acres of physical data for many clients including the federal government. Stephanie Strasburg | Bloomberg | Getty Images Elon Musk stood beside a seated