Reported 1 day ago
Alex Spiro, attorney for Elon Musk, is set to chair a new Dogecoin treasury company aiming to raise at least $200 million. This initiative, backed by the House of Doge, intends to enhance the legitimacy of the Dogecoin cryptocurrency as market interest in crypto treasuries grows. Spiro's involvement connects him to Musk, who has significantly influenced the memecoin's value through social media, although it remains unclear what role Musk will have in this venture.
Source: YAHOO
Reported 1 day ago
As the October 15 tax extension deadline approaches, taxpayers must prepare their filings efficiently. Key steps include organizing necessary paperwork for potential deductions and credits, ensuring all tax payments made are accounted for, managing state tax return requirements, and considering professional assistance if needed. Proactive preparation can help avoid penalties and optimize tax benefits.
Source: YAHOO
Reported 1 day ago
Intel has amended its CHIPS Act funding agreement with the U.S. Department of Commerce, allowing the company to access approximately $5.7 billion earlier than expected. The revised deal removes previous project milestones and offers Intel increased flexibility, while maintaining restrictions against using the funds for dividends, certain acquisitions, and expansion in specific countries. As part of the agreement, Intel issued shares to the U.S. government and has committed to responsible fund usage to enhance advanced chip manufacturing.
Source: YAHOO
Reported 1 day ago
Obtaining a personal loan with bad credit can be challenging, as lenders typically scrutinize your income and employment history more closely when your credit score is below 580. While bad credit loans may come with higher interest rates and fees, they can provide a pathway to improving credit if payments are made on time. Key steps to increase your chances of approval include checking your credit score, comparing multiple lenders, and considering options like a cosigner. It's also crucial to carefully review loan terms and ensure they fit your financial situation.
Source: YAHOO
Reported 1 day ago
Source: YAHOO
Reported 1 day ago
Source: WSJ
Reported 1 day ago
Spirit Airlines has filed for bankruptcy protection for the second time in a year after its previous restructuring failed to stabilize its finances. The company, which reported a net loss of $246 million in the last quarter, has been facing severe cash flow issues and has borrowed $275 million from its credit facility. Analysts attribute its troubles to an inadequate response to its high operating costs during its first bankruptcy. Despite these challenges, Spirit plans to cut its fleet and reduce market presence as part of its restructuring efforts while continuing to honor employee wages and operational commitments.
Source: YAHOO
Reported 1 day ago
Source: WSJ
Reported 1 day ago
This article highlights five Dividend Aristocrats—S&P 500 companies with at least 25 consecutive years of dividend increases—that stand out as reliable income sources in a volatile market. Featuring companies like Nucor, West Pharmaceutical Services, S&P Global, Coca-Cola, and Walmart, the piece offers insights into their financial performance and analyst ratings, reinforcing their reputation as solid long-term investments for income-seeking investors.
Source: YAHOO
Reported 1 day ago
Source: BARRONS
Reported 1 day ago
Despite a small dip in stocks, Wall Street shows strong risk-on sentiment as it heads into September, buoyed by expectations of Federal Reserve interest rate cuts and resilient consumer spending. Volatility remains low, indicating investor confidence in the economic outlook, despite various risks such as trade frictions and labor market shifts. However, caution persists as some investors express concerns about market overconfidence and the effects of potential interest rate increases.
Source: YAHOO
Reported 1 day ago
Summer merger and acquisition (M&A) activity has reached its highest level since 2021 due to several key factors. According to Rob Brown, CEO of Lincoln International, the thriving stock market, increased liquidity, and an impending wave of debt maturities are fueling this resurgence. With companies seeking growth through acquisitions and a shift in market confidence, particularly within the technology and services sectors, M&A activity is expected to continue gaining momentum in the coming months.
Source: YAHOO
Reported 1 day ago
Source: WSJ
Reported 1 day ago
Nvidia is transforming the cloud gaming landscape through its AI technology and powerful chips, which enhance multiplayer gaming experiences by facilitating faster cloud processing. Experts highlight that as Nvidia continues to invest in AI, gamers can expect improved products, lower latency, and high-quality streaming in a future where gameplay occurs entirely in the cloud, potentially on connected TVs without the need for complex hardware.
Source: YAHOO
Reported 1 day ago
Jim Cramer accurately anticipated Snowflake Inc. (SNOW) would report a strong quarter, as reflected in their recent earnings report that raised annual product revenue guidance to $4.4 billion. The company's stock surged 57.6% year-to-date, with a significant jump of 23.7% following the announcement. Cramer had previously expressed confidence in Snowflake, stating the quarter would be exceptionally good.
Source: YAHOO
Reported 1 day ago
Agnico Eagle Mines Limited (NYSE:AEM), a Canadian gold mining company, has seen its shares rise by 69% this year, making it a standout performer in the stock market. Noted investor Jim Cramer praised the company for its impressive earnings and strategic management under its CEO. He considers Agnico Eagle Mines even more preferable than its competitor, Newmont Corporation, highlighting its strong profit margins and effective cash flow amidst soaring gold prices.
Source: YAHOO
Reported 1 day ago
Source: WSJ
Reported 1 day ago
Source: YAHOO
Reported 1 day ago
SPDR Gold Shares (GLD) has surpassed $105 billion in assets under management, marking a 0.56% increase. This achievement is part of broader trends in the ETF market, with notable inflows into various asset classes, particularly commodities and US equity.
Source: YAHOO
Reported 1 day ago
Source: YAHOO
Reported 1 day ago
California has emerged as the largest holder of MicroStrategy shares, with its pension systems, CalPERS and CalSTRS, owning a combined total exceeding 694,000 shares as state pensions turn towards digital assets. As Florida's pension fund also increases its MicroStrategy holdings, this trend highlights the growing indirect exposure to Bitcoin through regulated equities, amidst ongoing regulatory discussions surrounding direct cryptocurrency investments.
Source: YAHOO
Reported 1 day ago
On August 29, 2025, major U.S. stock indexes fell, with the S&P 500 down 0.64%, driven by a significant drop in technology shares, particularly Marvell Technology which plummeted over 18%. The declines were exacerbated by disappointing economic data, including a drop in consumer sentiment and rising inflation pressures, although personal spending showed resilience. Market sentiment turned cautious as investors reacted to potential interest rate cuts by the Federal Reserve amid ongoing tariff concerns.
Source: YAHOO
Reported 1 day ago
As the S&P 500 index searches for direction amidst a tug-of-war between bullish and bearish signals, it remains in a generally bullish uptrend. While there are bullish indicators, such as new highs on the New York Stock Exchange and positive developments in implied volatility, bearish signs still persist, including McMillan's volatility band sell signal and negative equity-only put-call ratios. Investors are advised to consider these indicators carefully while making trading decisions, particularly focusing on options strategies that might capitalize on current market conditions.
Source: YAHOO