In a bull market, everyone looks like a genius. Warren Buffett, having just booked what he believed was the largest one-year gain any American business had ever made, refused to take the bow. He told his shareholders a big part of it was pure luck.
Cathie Wood’s Ark Invest sold about $4.4 million worth of crypto-related stocks on Wednesday, trimming positions in Ethereum treasury company Bitmine Immersion Technologies, Robinhood, Block, and Bullish after the companies’ shares fell.
The firm’s largest sale was 120,665 shares of Bitmine, valued at about $2 million.
Investors in Alcon Inc. ALC need to pay close attention to the stock based on moves in the options market lately. That is because the Dec 18, 2026 $37.5 Call had some of the highe …
» Read more about: Do Options Traders Know Something About Alcon Stock We Don’t? »
A new bipartisan push to fix Social Security is drawing fresh attention to who pays into the system and how much.
Elizabeth Warren and Bernie Moreno have outlined a plan to lift the cap on Social Security payroll taxes, a move that could strengthen the program’s finances while affecting higher earners who are planning around Social Security benefits.
» Read more about: Elizabeth Warren’s Social Security Tax Plan Could Make Some Retirees Pay More »
US stocks staged a major comeback on Thursday morning after a Fed-fueled sell-off, as Microsoft (MSFT) stock led tech gains and more earnings were on deck. But fresh US attacks on Iran, a bond rout, and worries about AI spending kept investors on guard.
The Dow Jones Industrial Average (^DJI) advanced 0.8%,
As of 12.13 PM ET, the Nasdaq Composite (^IXIC +2.42%) is up 2.61% to 25,0810 as technology stocks rally, and the S&P 500 (^GSPC +1.32%) has gained 1.29% to 7,422.
» Read more about: Stock Market Midday, July 30: Microsoft Soars 15%, Boosting Tech Stocks »
Bitcoin ETFs saw only $205 million in monthly inflows for July, marking a record low for the products since launching in 2024.
Hyperliquid ETFs reversed recent momentum with July outflows after strong inflows during May and June.
Ethereum ETFs attracted approximately $342.85 million in July,
When prices rise, the Social Security Administration (SSA) usually makes changes that help both workers and retirees.
But there is at least one instance where Social Security does not adjust for inflation, and that fact makes it difficult to stretch your retirement dollars further.
Find Out: 13 moves seniors could benefit from but often forget about.
Crude Futures Fall in Early U.S. Trading
Crude oil futures were giving back some of the previous day’s gains after the U.S. launched strikes against Iranian targets overnight.
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Shell Turns Refineries Up to 11 During Oil-Price Surge
The energy giant’s strategy to run refineries at full tilt has helped drive a surge in profits.
It’s hard to imagine Microsoft turning in a better earnings report.
Not only did the tech giant post strong growth in its AI-powered Azure cloud-computing business, it also refrained from raising its capex-spending forecast.
Investors went nuts over the report, pushing Microsoft shares up as much as 16%.
