Stock market today: Dow, S&P 500, Nasdaq futures gain as US-Iran tensions rise, PCE inflation looms
US stock futures rose on Friday as investors braced for a heavy slate of economic data after the end of a three-day winning streak for the Dow and S&P 500.
Contracts linked to the Dow Jones Industrial Average (YM=F) edged 0.2% higher. S&P 500 futures (ES=F) climbed roughly 0.4%,
Read MoreThis AI Stock Could Offer Life-Changing Gains
Key Points
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This AI player already is seeing explosive revenue growth.
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The company offers something in great need right now: capacity for AI workloads.
Artificial intelligence (AI) stocks have soared in recent years, leading the S&P 500 higher.
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Read MoreBill Gates Has Nearly 30% of His $36.6 Billion Portfolio Invested in One of Warren Buffett's Favorite Stocks
Nearly $11 billion of the Gates Foundation’s portfolio is parked in a single stock.
The Bill & Melinda Gates Foundation Trust — the investment vehicle that funds the foundation’s charitable work around the globe — holds a portfolio valued at roughly $36.6 billion today. Nearly 30% of the entire trust — just shy of $11 billion —
He worked on Wall Street for nearly 50 years. Here’s what he learned about your finances
When Howard Silverblatt first started working on Wall Street, the S&P 500 was at 99.77 points. The week before he retired, the benchmark index was up by 70 times that, to 7,000.
That’s an eye-popping increase — but maybe not surprising, considering Silverblatt started his career on May 17, 1977.
This January Silverblatt hung up his hat after a nearly 49-year run at Standard &
Read MoreHere's How Much the Annual COLA Added to the Average Social Security Retirement Benefit Last Month
Retirees received a bit more in January even as inflation cooled.
Seniors are increasingly reliant on Social Security to make ends meet in retirement. In the most recent edition of an annual Gallup poll, 62% of retirees said the program is a major source of income for them. That’s the pollster’s highest reading in its 24-year history of conducting the survey.
The Burst
1 AI Power Play Most Investors Missed
While analysts chase the next hot AI chipmaker, one company has become indispensable to the AI boom itself, not through computing, but through power.
Bloom Energy, long known for its on-site solid oxide fuel cells, has suddenly become the market’s stealth AI infrastructure play. Shares have rocketed more than 6x this year, and for reasons most investors haven’t yet grasped.
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Read MoreThe Ivy
AMD Just Raised the Bar With a Bold 5-Year Plan
CEO Lisa Su has unveiled a long-term forecast that forces investors to rethink where AMD could be heading.
The new guidance fundamentally reshapes how AMD’s role in the AI ecosystem should be valued.
Key Points
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AMD forecasts explosive growth, including 60% annual expansion in data centers.
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Read MoreThe Spotlight
1 Stock to Own for the Next Decade
Every once in a while, a company comes along that feels like the rare exception, a business so well-positioned, diversified, and forward-looking that it could anchor a portfolio for years.
Broadcom is one of those companies and it might be the single best position to hold for the foreseeable future.
Key Points
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Broadcom combines cyclical chip sales with high-margin recurring software revenue from acquisitions like CA,