“AI and tech FOMO looks to be kicking in” among retail investors, Vanda Research said Thursday. Net inflow from that group hit $1.48 billion in Wednesday’s session, the highest in three months. Investors were expanding their AI-related stock purchases beyond large-cap names. Loading Something is loading. Thanks for signing up! Access your favorite topics in… Continue reading Stock market FOMO is back among average investors as AI and tech drive biggest stock market inflows in 3 months
Housing supply is plunging in some parts of the the US and surging in others as high mortgage rates split the housing market
Housing inventory is falling and surging in different parts of the US as higher rates distort the market. A Realtor.com report found that home supply fell in 21 of the 50 largest metropolitan cities in May. But housing activity has kicked up in the South as increased affordability draws both buyers and sellers. Loading Something… Continue reading Housing supply is plunging in some parts of the the US and surging in others as high mortgage rates split the housing market
Elon Musk disclosed a missed opportunity, said he hates firing people, and revealed a desire to meet Warren Buffett in a 2008 profile that’s resurfaced
Elon Musk bemoaned a missed opportunity and said he wanted to meet Warren Buffett in a 2008 profile. The Tesla, SpaceX, and Twitter CEO said he hated firing people and struggled to move to Los Angeles. Musk also underscored his deep passion for his work and showcased his sense of humor. Loading Something is loading.… Continue reading Elon Musk disclosed a missed opportunity, said he hates firing people, and revealed a desire to meet Warren Buffett in a 2008 profile that’s resurfaced
Morningstar says buy these 10 cheap stocks that will generate steady cash flows well into the future
At the halfway point of 2023, Morningstar has updated its list of the best stocks to buy now. The research firm picked stocks it considers cheap even after the market’s rally. Wells Fargo, Comcast, and Taiwan Semiconductor Holding are among the names. At the halfway point of 2023, it’s clear that stock market investors are… Continue reading Morningstar says buy these 10 cheap stocks that will generate steady cash flows well into the future
Bill Ackman wants Jamie Dimon to run for president. Here’s what Warren Buffett, Bill Clinton, and others have said about the JPMorgan chief’s political potential.
JPMorgan CEO Jamie Dimon hinted that he’d consider getting into politics once he leaves banking. Bill Ackman, Warren Buffett, Bill Clinton, and Ross Perot Jr. have praised Dimon’s political potential. Here’s what they’ve said about the billionaire banker. Loading Something is loading. Thanks for signing up! Access your favorite topics in a personalized feed while… Continue reading Bill Ackman wants Jamie Dimon to run for president. Here’s what Warren Buffett, Bill Clinton, and others have said about the JPMorgan chief’s political potential.
Here’s where your concert ticket money goes Here’s why tickets are so expensive, and how one group is trying to bring down the price, while paying artists more
Here’s why tickets are so expensive, and how one group is trying to bring down the price, while paying artists more Author of the article: MoneyWise James Battiston Published May 12, 2023 • Last updated May 23, 2023 • 6 minute read njaj/Shutterstock If you’ve tried to buy concert tickets recently, you’ve probably experienced frustration.… Continue reading Here’s where your concert ticket money goes Here’s why tickets are so expensive, and how one group is trying to bring down the price, while paying artists more
Stock Market Today: Stocks Soar After Jobs Data, Debt Ceiling Deal
The May jobs report came out ahead of Friday’s opening bell and market participants liked what they saw. Sentiment also got a boost after the Senate last night passed a bill to suspend the debt ceiling, effectively averting a U.S. default. As a result, stocks jumped out of the gate and rallied hard into the… Continue reading Stock Market Today: Stocks Soar After Jobs Data, Debt Ceiling Deal
Netflix Shareholders Reject Proposed Executive Pay Package
Netflix (NFLX) shareholders sent a clear but largely symbolic message to corporate executives at its annual meeting yesterday — don’t ask for a raise. The “say on pay” shareholder proposal failed to pass, meaning investors thought the company’s roughly $78 million compensation for the top three executives was unjustified. The Writers Guild of America (WGA),… Continue reading Netflix Shareholders Reject Proposed Executive Pay Package
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