S&P 500 climbs to another record close Tuesday as Nvidia’s market cap tops Microsoft: Live updates
The S&P 500 rose to a fresh record as artificial intelligence darling Nvidia continued its march to new highs.
McDonald’s to end AI drive-thru test with IBM
While it is ending the AI drive-thru test with IBM, McDonald’s said it is not done with AI in its drive-thru process.
Jeffrey Gundlach likes this corner of fixed income as the Fed keeps rates high. It’s yielding 8%
The CEO of DoubleLine likes bank loans, noting that they offer attractive yield as the Federal Reserve keeps rates high.
Apple stops offering buy now, pay later loans in U.S.
Apple said it would no longer issue loans that enabled customers to buy products online and pay in four interest-free installments, at prices up to $1,000.
Trump and Biden shift strategies to compete for crypto voters: CNBC Crypto World
CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what’s ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry….
GameStop closes more than 12% lower after annual meeting fails to offer details on firm’s strategy
The meme stock fell about 12% as its rescheduled shareholder event wrapped up with no detailed remarks about the company’s strategies.
It’s the hottest stock in the S&P 500 this month. When the charts say it’s time to sell
Katie Stockton breaks down the chart in Broadcom.
Nvidia to get 20% weighting and billions in investor demand, while Apple demoted in major tech fund
The chip stock will jump to about 21% from 6% in a $70 billion tech ETF once a new rebalance takes effect.
U.S. sues Adobe over subscription plan disclosures
The government said Adobe failed to adequately disclose hefty early termination fees when customers sign up for “annual, paid monthly” subscription plans.
Record number of NATO allies expected to hit defense spending target amid war in Ukraine
A record more than 20 NATO member nations are expected to hit the Western military alliance’s defense spending target this year.
