US wholesale inflation heated up in May
CNN
—
US wholesale inflation rose slightly in May.
The latest Producer Price Index, a closely watched measurement of wholesale inflation, showed that prices paid to producers rose 0.1% in May, lifting the annual rate to 2.6%, according to Bureau of Labor Statistics data released Thursday.
» Read more about: US wholesale inflation heated up in May »
Read MoreWorried About Tesla's Robotaxi? These Two Words From Nvidia CEO Jensen Huang Might Change Your Mind.
Investors are on the edge of their seats as Tesla’s robotaxi launch is reportedly around the corner.
Tesla (TSLA 0.07%) is primarily known for two things: electric vehicles (EV) and energy storage. For years, however, the company’s eccentric CEO Elon Musk has been talking about a vision for the company that’s rooted in artificial intelligence (AI).
2 High-Yield Dividend Stocks You Can Buy and Hold Without Hesitation Through At Least 2027
There’s a lot of uncertainty these days. Economists don’t know how much tariffs and other policy changes will impact the economy. That can make it difficult to confidently invest.
Stock market today: Dow, S&P 500, Nasdaq futures slide ahead of fresh inflation data, as Trump renews tariff threat
Here's How Many Shares of Coca-Cola You Must Own to Get $5,000 in Yearly Dividends
The Burst
Market Commentary: Underestimate Zuckerberg At Your Peril
Long ago, a conversation between two investors about the sluggish revenues of what was then Facebook went something along the lines of this: With all those users, why isn’t Facebook making more?
To which the second investor replied, do you really think they figured out how to get a billion users on their platform and don’t know how to make money from them?
» Read more about: Market Commentary: Underestimate Zuckerberg At Your Peril »
Read MoreThe Ivy
Will Zoom Beat The Market In Next 5 Years?
When the world needed to connect from home, Zoom didn’t disappoint. The video conferencing providers saw numbers skyrocket from 10 million in December 2019 to over 300 million in April 2020. Rocket-ship like growth highlighted Zoom’s capacity to scale and investors couldn’t buy enough of it.
Since then the stock has languished but maybe that’s about to change?
» Read more about: Will Zoom Beat The Market In Next 5 Years? »
Read MoreThe Spotlight
Bombshell Report: Shady Trades In The Halls of Power
In an ongoing investigation, the New York Times has uncovered shady stock trades by members of Congress. Some congressmen and congresswomen appear to have used information they learned in their positions as legislators to make profitable stock trades.
Ethics experts have raised red flags and say this trading could be a significant conflict of interest.
» Read more about: Bombshell Report: Shady Trades In The Halls of Power »