Minneapolis Federal Reserve Bank President speaks at Fargo summit on the changing economy
WEST FARGO, N.D. (KVRR) — Over the last several years, the economy has been significantly impacted by the actions of people. According to Minneapolis Federal Reserve Bank President Neel Kashkari, this trend is expected to continue.
“This part of America is structurally short of workers.
Read MoreNvidia CEO shocks AI community over the one thing he didn’t do
Nvidia (NVDA) rarely missteps. But this time, the chip giant made a big mistake, namely, missing a key headline moment in one of the world’s fastest-growing AI markets.
However, when it comes to behind-the-scenes moves, something big is brewing.
Nvidia CEO Jensen Huang missed the India AI Impact Summit in New Delhi,
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Read MoreCathie Wood Is Selling Unity Software Stock Amid an ‘Apocalypse.’ Should You?
Popular investor Cathie Wood sold shares of software company Unity Software (U). Wood’s investment machine, Ark Invest (ARKK), shed over 486,000 shares of Unity’s stock, most likely to reduce exposure to the software industry. Additionally, Ark Invest has expanded its exposure to crypto-linked platforms, fintech, and gene editing.
The software industry is facing growing concerns about artificial intelligence (AI) replacing software use.
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Read More2 Tech Bets Cathie Wood is Quietly Trimming Right Now: Should You Too?
During earnings season, serious investors like Cathie Wood often rebalance their portfolios to add or trim shares of companies based on their performance and long-term growth prospects. Last week, while Wood added 210,000 shares of Tempus AI (TEM) and some other stocks, ARK Invest reduced its exposure to test-equipment maker Teradyne (TER) and social media company Pinterest (PINS).
» Read more about: 2 Tech Bets Cathie Wood is Quietly Trimming Right Now: Should You Too? »
Read MoreUS economy grew slower than expected in fourth quarter
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White House Deputy Press Secretary and Special Assistant to the President Kush Desai joins ‘Mornings with Maria’ to tout the jobs report, defend President Donald Trump’s tariff strategy and highlight new efforts to lower prescription drug costs.
The U.S. economy grew at a much slower than expected pace in the fourth quarter,
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Read MoreThe Burst
Will Costco Join The Mag 7?
When you think about the companies that have cracked the trillion-dollar market cap, your mind probably jumps straight to the Mag 7, including Microsoft, Nvidia, Apple, and Amazon. These firms dominate the digital infrastructure we all rely on.
But here’s something you won’t find on the list: a brick-and-mortar retailer. Not Walmart. Not Target.
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Read MoreThe Ivy
Will Prediction Markets Disrupt DraftKings?
DraftKings and FanDuel have long dominated U.S. online sports betting, thanks to their early entry via daily fantasy sports.
That first-mover advantage, combined with cutting-edge technology and deep brand recognition, let both companies capture the lion’s share of the market as sports betting rolled out state by state.
But a new kind of competitor is emerging that could rewrite the rules of online wagering.
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Read MoreThe Spotlight
Is Coca-Cola The #1 Stock During the Next Market Meltdown?
The recent market rebound feels more like a shaky truce than a confident comeback. Sure, stocks have climbed back from bear territory since April, but between persistent inflation and rising geopolitical tensions (hello, Middle East), the whole thing still feels like a house of cards.
So what do you do if you’re worried the next leg down is coming?
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