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More than two-thirds of tech stocks are at least 20% off recent highs. What’s happening to the AI trade?
Major semiconductor names have been falling hard as investors take profits following a blockbuster second quarter. Article Attribution | Read More at Article Source
With Micron’s stock well off its peak, investors want proof that the AI boom can last
Investors in memory stocks are looking for signs that elevated pricing can be sustained for years without demand suffering. Article Attribution | Read More at Article Source
Jeff Bezos’ space company may be seeking a valuation more than twice as big as Rocket Lab’s
Blue Origin is reportedly targeting a $130 billion private-market valuation, which would be just a fraction of SpaceX’s nearly $2 trillion market capitalization. Article Attribution | Read More at Article Source
‘I’ve plenty of time on my hands’: Advisers bombard me with offers of free steak dinners. Is it wrong to go for the food?
“I get hungry for a meal at a good restaurant.” Article Attribution | Read More at Article Source
Trump floats idea of Australia’s retirement system again. But what about Social Security?
The president said his administration was working on a plan based on the Austrialian system, days after the launch of “Trump accounts” for children. Article Attribution | Read More at Article Source
A ‘few’ Fed officials said there was a case for a rate hike in June, minutes from Warsh’s first meeting show
A “few” Federal Reserve officials said there was a case for raising interest rates in June, according to minutes released Wednesday from the central bank’s meeting last month. Article Attribution | Read More at Article Source
Oil surges as Strait of Hormuz is back into ‘full conflict conditions’
Even without further disruption, volatility is here to stay for energy markets Article Attribution | Read More at Article Source
The case for having Big Oil in your 401(k) or IRA
Energy exposure may help you sleep better at night. Article Attribution | Read More at Article Source
Rocket Lab’s stock could surge 250% as the company takes a page out of SpaceX’s book, analyst says
Morgan Stanley says the bull case for the rocket-launch stock is now much rosier as the company diversifies its business. Article Attribution | Read More at Article Source
Oil prices jump by the most in two months after Trump suggests U.S.-Iran cease-fire is over
Brent crude and West Texas Intermediate contracts climbed on President Donald Trump saying dealing with Tehran is “a waste of time” Article Attribution | Read More at Article Source
I’m 73 and still work full time. Can I avoid paying taxes on my Social Security benefits?
“I’m actually earning more each week than I ever have before.” Article Attribution | Read More at Article Source
Dakota Johnson quickly sells $6 million midcentury modern home in L.A.
“Fifty Shades” star Dakota Johnson has officially sold her stunning Los Angeles home for just a few dollars under her $6 million asking price—just days after putting it on the market. Article Attribution | Read More at Article Source