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Small Bio Stock Catapults 70% On Nvidia’s $50 Million Bet

Recursion Pharmaceuticals (RXRX) snagged a $50 million investment from Nvidia (NVDA) on Wednesday to work on drug development using artificial intelligence, and RXRX...

Microsoft’s Fast Expanding Cybersecurity Offerings Pressure Zscaler, Palo Alto

Microsoft (MSFT) continues to pressure cybersecurity stocks with new products aimed at companies such as Zscaler (ZS), Palo Alto Networks (PANW), Cloudflare (NET),...

Fed Set to Raise Rates in July Despite Inflation Slowdown

(Bloomberg) -- Federal Reserve officials appear poised to resume interest-rate hikes this month after data showed inflation cooled sharply in June but remains...

Tesla Made All Model 3 Vehicles Eligible For The $7,500 IRA Tax Credit. Now It’s Backtracking.

Tesla (TSLA) signaled Wednesday it expects a reduction next year in the $7,500 federal tax credit for all Model 3 vehicle trims. This...

Ask an Advisor: I Am 60 Years Old, Have $1.1M Cash, $880K in a 401(k), Several Pensions and Social Security. Should I Retire Now?

I am 60 years old, married, with no mortgage. We also have $1.1 million in liquid cash and $880,000 in a 401(k).  I...

Rivian Breakout Is Expanding the Rift in EV Stocks

(Bloomberg) -- Investors are showing a willingness to give beaten-down electric-vehicle stocks another chance, but they’re being more discerning this time when it...

CPI Inflation Rate Slides To 3%, Easing Fed Fears

The consumer price index rose less than expected in June, as the overall inflation rate fell to 3% after topping 9% a year...

Rich & Wealthy Americans Are Flocking to These States

Households that make over $200,000 annually comprise just a sliver of all tax returns that are filed in a given year, but their...

Futures Rally On Cool CPI Inflation Data

Dow Jones futures rallied Wednesday morning on cooler-than-expected key inflation data. Meanwhile, Netflix (NFLX) climbed after UBS hiked its price target on the...

Is Verizon A Buy Amid Management Changes, Consumer Unit Struggles?

While VZ stock has consistently underperformed the S&P 500, the telecom giant often attracts income-oriented investors, thanks to its dividend. If 5G wireless...

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