US stocks surged to fresh record highs on Friday after Iran said the Strait of Hormuz is open for now, a major step in easing US-Iran war tensions.
The S&P 500 (^GSPC) rose 1.2% to close above 7,100 for the first time in its third consecutive record close.
As a business that makes its coin by assisting with legal documents, it’s appropriate that LegalZoom‘s (NASDAQ: LZ) stock has been rising over the past few days due to a contract it signed with a business partner.
Obviously encouraged by this deepening relationship, investors were snapping up LegalZoom shares. According to data compiled by S&P Global Market Intelligence,
» Read more about: Why LegalZoom Stock Was on Fire This Week »
By CHRISTOPHER RUGABER and JOEY CAPPELLETTI, Associated Press Writers
WASHINGTON (AP) — President Donald Trump’s nominee to run the Federal Reserve, Kevin Warsh, is likely to face tough questions about his vast financial holdings at a hearing next week by the Senate Banking Committee.
Massachusetts Sen.
It is always about the future with Tesla (TSLA +2.96%). For years, it was solar energy and batteries. Then came the Cybertruck and Tesla Semi. Now, all the company can talk about is its foray into humanoid robots, autonomous taxis, and even a new semiconductor endeavor.
» Read more about: Buying the Dip on Tesla Stock? Read This First »
The recent sell-off in tech stocks has taken even the strongest companies down with it. Big tech continues to see robust demand for artificial intelligence (AI). This is driving growth not just for software, semiconductors, and cloud computing — it’s also driving tremendous investment in land, power, and construction to build data centers.
The Nasdaq 100 is up 5.9% for the week, with the S&P 500 gaining 4.4% and the Dow Jones up 3.3%.
Iran declared the Strait of Hormuz open to commercial shipping after Israel and Lebanon agreed to a ceasefire.
Earnings season is underway,
» Read more about: Market Indexes Surge: Nasdaq 100 Up 5.9% for the Week on Hormuz News »
US stocks surged to fresh record highs on Friday after Iran said the Strait of Hormuz is open for now, a major step in easing US-Iran war tensions.
The S&P 500 (^GSPC) rose 1.2% to close above 7,100 for the first time in its third consecutive record close.
If you’re looking for high-yield stocks that can give you decades of solidly growing passive income, the midstream energy space is still one of the best places to look. These master limited partnership (MLP) pipeline stocks essentially act like energy toll rolls, generating highly predictable, robust cash flow that they pay out to stockholders in the form of distributions.
» Read more about: 4 Energy Stocks to Buy Now for Decades of Passive Income, Even at These Prices »
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Social Security benefits are a reliable and important income source for seniors, but they absolutely cannot be your only source of funds in your later years.
Once your paychecks stop coming in, you must be able to support yourself for the rest of your life,
» Read more about: How much money do you need to supplement your Social Security Check? »
Anthropic CEO Lands White House Meeting as Feud Thaws
The Friday meeting comes as the White House races to prepare for Anthropic’s latest AI model, Mythos, which the firm says could pose cybersecurity risks.
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Ford Recalls up to 1.39 Million F-150s
Ford is recalling up to 1.39 million F-150 pickups over the risk of unexpected downshifting that can lead to a loss of vehicle control.
