Reported 13 days ago
Nvidia insiders sold over $1 billion in stock within the past year, with significant sales occurring as executives seized the opportunity from heightened investor interest in artificial intelligence. More than $500 million of these sales occurred this month as Nvidia's shares reached record highs, reaffirming the company's status as the world's most valuable firm amid a renewed focus on AI-related investments.
Source: YAHOO
Reported 13 days ago
U.S. stocks have hit an all-time high, marking a significant recovery from the decline experienced in spring, which was driven by concerns over the trade policies of the Trump administration and their potential economic impact.
Source: YAHOO
Reported 13 days ago
US stocks achieved an all-time high recently, just months after experiencing a sharp decline due to tariff concerns.
Source: YAHOO
Reported 13 days ago
Trump's tax and spending cuts bill successfully passed a crucial test vote in the Senate, allowing Republicans to expedite its passage to the president's desk.
Source: YAHOO
Reported 13 days ago
Donald Trump has indicated he may support a Republican challenger to Senator Thom Tillis, after Tillis opposed Trump's tax bill. As one of the more vulnerable Republicans heading into the 2026 elections, Tillis faces pressure from Trump, who is seeking candidates to better represent North Carolina and align with his policies. Tillis has expressed a willingness to discuss their disagreements with Trump, maintaining a professional dialogue despite their differences.
Source: YAHOO
Reported 13 days ago
The trucking market has shown stagnation in the first half of 2025, with contract rates for dry van shipments remaining virtually unchanged from 2024. Intermodal shipping has started regaining market share as long-haul demand declines by 25%. Factors such as erratic trade policies, tight warehousing space, and a weakening consumer confidence contribute to a lackluster economic environment, leaving transportation service providers with diminished demand and uncertainty about the future.
Source: YAHOO
Reported 13 days ago
Two employees of the SEC’s EDGAR public filing system, Justin Chen and Jun Zhen, were charged with insider trading after allegedly earning over $1 million by trading stocks based on non-public information about mergers and partnerships. They were arrested while attempting to flee to Hong Kong and face charges carrying up to 25 years in prison.
Source: YAHOO
Reported 13 days ago
Investor Warren Buffett has announced a $6 billion donation of Berkshire Hathaway stock to five foundations, bringing his total contributions to about $60 billion since 2006. The largest share will go to the Bill & Melinda Gates Foundation Trust, while the other foundations will receive varying amounts of Class B shares, valued at approximately $485.68 each. Buffett plans to shift control of his estate’s remaining wealth to his children after his death, marking a shift in his philanthropic strategy.
Source: YAHOO
Reported 13 days ago
A group of authors including Lauren Groff and Lev Grossman has written an open letter urging book publishers to restrict the use of AI technologies, advocating for measures such as hiring only human audiobook narrators. The authors assert that AI companies are ‘stealing’ their work and demand commitments from publishers to never release machine-generated books or replace human staff with AI. Following the letter's release, over 1,100 additional signatures were added, reflecting growing concern over the impact of AI on authorship.
Source: YAHOO
Reported 13 days ago
This article discusses the critical timing involved in hiring drivers for a trucking business, emphasizing that adding a driver should be a strategic decision based on consistent freight availability and financial stability, rather than a rushed choice. It highlights common mistakes like hiring prematurely without proper revenue sources and stresses the importance of understanding cost metrics and operational efficiency before expanding. Ultimately, it advises careful planning and readiness before making a hire to ensure sustainable growth.
Source: YAHOO
Reported 13 days ago
Meta has reportedly recruited four additional researchers from OpenAI, following the recent hire of renowned researcher Trapit Bansal. The new hires include Shengjia Zhao, Jiahui Yu, Shuchao Bi, and Hongyu Ren. This influx of talent comes in the wake of the less-than-expected performance of Meta’s Llama 4 AI models, sparking rivalry tensions between Meta and OpenAI, especially regarding salary offers.
Source: YAHOO
Reported 13 days ago
Federal Reserve officials are debating whether to cut interest rates in July, a decision that will significantly influence American finances. CEO Rob Conzo of Wealth Alliance explains how this impacts borrowing costs for mortgages, credit cards, and small business loans, as well as potential changes in savings rates. Lower rates could ease financial burdens for many, but the effects on credit cards may not align with reductions from the Fed, as companies often set higher rates regardless. Overall, individuals should prepare their financial plans in anticipation of these shifts.
Source: YAHOO
Reported 13 days ago
In this week's review, Meta makes headlines by hiring OpenAI researcher Trapit Bansal to enhance its AI superintelligence team, amidst a wave of tech news including Travis Kalanick's potential return to self-driving cars and Google's launch of a virtual outfit trying app. Additionally, a federal judge rules in favor of AI training on copyrighted material, sparking controversy in creative circles.
Source: YAHOO
Reported 13 days ago
Vitalik Buterin, co-founder of Ethereum, expresses concerns about the privacy risks associated with Sam Altman's World project, which uses unique digital identities verified through biometric scans. Buterin argues that the 'one-per-person' identity model could compromise users' anonymity and privacy, citing real-world implications where governments can mandate public access to personal social media accounts. He advocates for a pluralistic identity approach that allows for multiple identities, enhancing user privacy and security.
Source: YAHOO
Reported 13 days ago
Brad Pitt's new film 'F1 The Movie,' backed by Apple and premiered on June 27, aims to elevate the profile of Formula One racing, which has recently gained traction in the U.S. With a substantial production budget and authentic racing footage, the film follows an aging racer, Sonny Hayes, as he mentors a rookie driver. The growing U.S. fan base, influenced by shows like 'Drive to Survive,' is increasingly attractive to sponsors and could lead to new opportunities for F1 as it seeks to expand its presence in America.
Source: YAHOO
Reported 13 days ago
Jim Cramer has recently praised Zscaler, Inc. (NASDAQ:ZS) for its impressive performance in the cloud security sector, noting that it stands out among the companies he covers. He remarked on the company's consistent ability to exceed expectations and its popularity in the market. Despite acknowledging Zscaler's strengths, he suggests that some AI stocks may offer even better investment opportunities.
Source: YAHOO
Reported 13 days ago
Jim Cramer recently highlighted CrowdStrike as a leading player in the cybersecurity sector, emphasizing that the company is winning significant deals amidst rising cyber threats. Cramer noted the increasing demand for cybersecurity solutions and expressed his bullish outlook on both CrowdStrike and Palo Alto Networks, describing their long-term stock trajectory as promising despite recent volatility.
Source: YAHOO
Reported 14 days ago
Jim Cramer discussed AST SpaceMobile (NASDAQ:ASTS), praising its rapid stock increase from the 20s to the 50s. He advised investors to take some profits and celebrate their gains. However, he highlighted concerns about the company's poor balance sheet and suggested they need a partner or to become profitable. Despite its potential, Cramer indicated that other AI stocks might present better investment opportunities.
Source: YAHOO
Reported 14 days ago
Jim Cramer recently highlighted Applied Digital Corporation (NASDAQ:APLD) as a promising investment opportunity, emphasizing its involvement in high-performance computing, despite the company currently not generating profits. He acknowledged the growing potential in digital infrastructure, particularly in areas like AI and cryptocurrency mining, while also suggesting that other AI stocks might present better risk-reward profiles.
Source: YAHOO
Reported 14 days ago
Jim Cramer recently expressed his shock over a 9% decline in Paychex, Inc. (NASDAQ:PAYX) stock, particularly after the company reported mixed quarterly earnings. While earnings matched expectations, revenue fell slightly short, leading investors to react negatively despite the company's significant role in payroll processing and human capital management for small to mid-sized businesses.
Source: YAHOO
Reported 14 days ago
Jim Cramer recently advised investors to sell DocuSign (NASDAQ:DOCU) stock, despite having previously thought the company's innovations were promising. In a recent discussion, he expressed concern over what he perceives as weak revenue growth, stating, 'it's time to sell' after noting that market sentiment on its last earnings report was unfavorable. Additionally, while DocuSign projects a modest increase in revenue, Cramer believes that better investment opportunities exist in the AI sector.
Source: YAHOO
Reported 14 days ago
Jim Cramer criticized the market's harsh response to Amgen’s stock following the announcement of new data on its drug MariTide. He pointed out that unlike similar treatments requiring weekly injections, MariTide only needs to be administered monthly, which he prefers. Despite some positive findings from recent trials, Cramer believes the stock's decline was unwarranted.
Source: YAHOO
Reported 14 days ago
Jim Cramer recently declared the Sell rating on Marvell Technology (NASDAQ:MRVL) as 'ridiculous', praising the company's performance and urging investors to reconsider the brokerage's negative stance. He highlighted Marvell's strong business presence among hyperscalers and the impressive management by Matt Murphy. Despite recent pressures on the stock related to AI competition, Cramer expressed confidence in Marvell's future potential.
Source: YAHOO
Reported 14 days ago
Jim Cramer recently expressed his worries regarding Workday, Inc. (NASDAQ:WDAY), highlighting the increasing competition it faces from other companies. During a segment, he compared Workday's situation to that of Salesforce, indicating a growing reluctance among investors to hold onto these stocks. Cramer stated his preference to avoid investing in Workday due to these concerns, despite acknowledging the company's strategic position in the cloud-based enterprise software market.
Source: YAHOO
Reported 14 days ago
Jim Cramer expressed his frustration with Danaher Corporation, stating that the CEO, Rainer Blair, has not made necessary changes, leading to deep disappointment in the stock's performance. Despite the company's history of successful acquisitions and resilience, Cramer insists that action is needed to revive investor confidence.
Source: YAHOO