S&P 500 ends higher as Oracle reignites AI rally
NEW YORK: The S&P 500 ended higher on Thursday after a strong outlook from Oracle fueled optimism around artificial intelligence, offsetting worries about tension in the Middle East and a drop in Boeing shares.
Oracle surged 13.3% to record highs after the cloud service provider raised its annual revenue growth forecast,
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Read MoreStock market today: Dow, S&P 500, Nasdaq futures slip with Trump's economic agenda in flux
Finance column: Is your retirement at risk?
-A message from Edward Jones Financial Advisor Natali Sanchez-
Natali Sanchez.
– It’s important to save for retirement, but only half of Americans have calculated how much money they’ll need, according to the 2024 Retirement Confidence Survey by the Employee Benefit Research Institute. Yet without knowing how much you’ll need,
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Read MoreHow Tariffs Could Impact U.S. Agriculture—And Implications For Investors
Artem Milinchuk, Founder and Head of Strategy of FarmTogether.
In the wake of recently enacted tariff escalations—most notably on imports from China and Mexico—the spotlight has returned to the global trade policies shaping U.S. agriculture.
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Read MoreWhat To Expect From Next Week's Federal Reserve Meeting on Interest Rates
Key Takeaways
- The Federal Reserve is widely expected to keep its benchmark interest rate flat when the central bank’s policy committee meets Wednesday.
- The Fed has kept interest rates higher than usual all year to counteract inflation, and hasn’t lowered them out of concern President Donald Trump’s tariffs could push up prices for consumers.
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Read MoreThe Burst
1 Popular Stock To Flee Immediately
Airbnb has been on a tear since 2020 when it reported losses of $3 billion in a single quarter. Lockdowns sparked concerns that the company would not survive a world without travel but soon hope emerged that life would return to normal and the financials soon followed.
A full U-turn followed with the company growing the top and bottom lines at a rapid pace.
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Read MoreThe Ivy
1 Under-$100 Billion Growth Stock To Join Trillion Dollar Club?
Airbnb (NASDAQ: ABNB) isn’t even two decades old but it has made more than a splash in disrupting the travel and hospitality industry. Famously, one tag line announced that the largest taxi firm in the world owns no taxis (Uber) and the largest accommodation in the firm (Airbnb) owns no real estate.
With a market cap still under $100 billion yet pumping out an astonishing $3.8 billion in free cash flow alone last year,
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Read MoreThe Spotlight
World Class AI Stock Amazon Loves
Usually you want to steer clear of a stock that has fallen by 91.8% but in the case of C3.ai the share price plunge since December 2020 might be an opportunity to pick up a world class stock at bargain basement prices.
The sexy ticker symbol, AI, isn’t the only attractive thing this advanced technology company offers to investors.