Nvidia Is a $4.7 Trillion Company. Here's How Close It Is to Retaking $5 Trillion.
Bitcoin ETFs Snap 5-Day Outflow Streak With $352m Inflows: Is Wall Street Money Coming Back?
Bitcoin is holding near $64,033, up 0.76% over the past 24 hours and roughly 6.3% higher on the week, a modest but meaningful recovery that has traders asking whether institutional money is finally returning in force. The answer, based on the flow data, is: cautiously yes.
Spot Bitcoin exchange-traded funds (ETFs,
Read More8 states tax Social Security, 42 leave it alone: Here’s the list
Social Security is a lifeline for many retirees. Surveys have shown up to 39% of retirees said the program accounts for the entirety of their retirement funds, while up to 14% said it accounts for their only major income source.
Recognizing the vital role the program plays for many, the majority of states exempt Social Security income from taxation.
» Read more about: 8 states tax Social Security, 42 leave it alone: Here’s the list »
Read MoreEli Lilly Stock Hits a New All-Time High: Has It Gotten Too Expensive to Buy?
Key Points
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Eli Lilly’s growth rate has been accelerating over the past year due to its GLP-1 drugs.
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The recent approval of its GLP-1 pill, Foundayo, could offer yet another catalyst.
Eli Lilly (NYSE: LLY) stock has been rallying in recent months,
» Read more about: Eli Lilly Stock Hits a New All-Time High: Has It Gotten Too Expensive to Buy? »
Read MoreThe Federal Reserve's Initial July Inflation Forecast Looks Fantastic on the Surface, but Something Sinister Lurks in the Details
For much of the last four years, the evolution of artificial intelligence (AI) has dominated Wall Street headlines. Otherworldly growth prospects for AI have lifted the Dow Jones Industrial Average (DJINDICES: ^DJI), S&P 500 (SNPINDEX: ^GSPC), and Nasdaq Composite (NASDAQINDEX: ^IXIC) to new heights.
But a strong argument can be made that inflation has surpassed AI as the stock market’s No.
The Burst
IBM’s Smart Move To Prove It’s an AI Powerhouse
For years, IBM has worn the “missed opportunity” label in artificial intelligence. The company that built Deep Blue, the chess-playing computer, and Watson, the supercomputer, seemed perfectly positioned to dominate AI before anyone else saw it coming.
And yet, while those early breakthroughs made headlines, IBM failed to cash in.
» Read more about: IBM’s Smart Move To Prove It’s an AI Powerhouse »
Read MoreThe Ivy
Is PayPal About to Stage an AI-Powered Comeback
Shares of PayPal haven’t joined the tech sector’s rally. While the S&P 500 has climbed, PayPal has slipped about 15% over the past year. But a new partnership with OpenAI and strong underlying fundamentals could mark the start of a rebound.
Key Points
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PayPal’s integration into ChatGPT positions it as the default payment option for AI-powered shopping—an early lead in conversational commerce.
» Read more about: Is PayPal About to Stage an AI-Powered Comeback »
Read MoreThe Spotlight
Is This 8.6% Yield Too Good to Ignore?
If you’re the kind of investor who wants steady income, especially the kind that drops into your account every month like clockwork, the JPMorgan Equity Premium Income ETF (JEPI) is tough to ignore.
The headline number is eye-catching, an 8.6% trailing yield, paid monthly. That’s not just high, it’s more than four times the yield of the S&P 500 and well above what most high-grade corporate bonds are paying right now.