Jeff Bezos' Amazon Could See a Sizable Mark-to-Market Gain From Its Anthropic Stake When It Reports Earnings July 30, BofA Says
It’s Amazon‘s (AMZN -0.19%) turn to step up to the earnings podium. The online retailer founded by Jeff Bezos is expected to show strong growth in its cloud computing business, Amazon Web Services, and is likely to increase its planned $200 billion capital expenditure budget as memory and storage products become more expensive.
US economy strength boosts rate hike expectations for September 2026
The U.S. Treasury’s Secretary, Scott Bessent, has highlighted the strength of the U.S. economy, pointing to resilient consumer spending, rising wages for lower-income workers, and a significant increase in investments. Core inflation has reportedly dropped to 2.6%, a figure that aligns with recent core consumer price index (CPI) data. Furthermore, record levels of investment are being channeled into the United States,
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Read MoreThe Degens are Winning in Oil ETFs
The attraction to make short-term market bets is real. When you think what everyone knows is wrong, it’s tempting to place a bet. And while Kalshi and Polymarket may be better venues for “someone is wrong on the internet” proof-trading,
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Read MoreSocial Security alert: Senior citizens group issues warning as $500 a month benefits cuts loom
One of the country’s largest senior citizen groups is speaking out against a new plan to save Social Security.
AARP said the Protecting Retirement Opportunities and Maintaining Income Security for Everyone, or PROMISE, bill introduced by Sens. Duck Durbin, D-Ill., Bill Cassidy, R-La., and six other lawmakers would remove public input from its important role in reforming Social Security.
Read MoreThe Federal Reserve is expected to keep rates unchanged for now despite high prices
By PAUL WISEMAN, AP Economics Writer
WASHINGTON (AP) — The Federal Reserve left its key interest rate unchanged Wednesday, although three officials dissented in favor of higher rates as the central bank wrestles with how to deal with persistently high inflation.
The Fed’s rate-setting committee reached its decision after two days of deliberations,
Read MoreThe Burst
Will Amazon Stock Make You a Millionaire In 10 Years?
Amazon isn’t just a retailer. It’s an ecosystem and it’s hard to find another company with the same mix of scale, efficiency, and stickiness across multiple trillion-dollar industries.
Start with e-commerce. Amazon’s scale gives it a cost advantage that smaller rivals simply can’t touch. After pouring tens of billions into logistics, robotics, and AI-driven warehouse optimization,
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Read MoreThe Ivy
Why Nucor’s Stock Dip Could Be a Golden Opportunity in Disguise
Nucor (NYSE: NUE) isn’t just another steelmaker churning out metal for skyscrapers and rebar. It’s a powerhouse that has weathered economic storms, steel cycles, and shifting energy costs, all while steadily raising its dividend for over the past half century.
Yet, despite that remarkable consistency, investors seems to be snoozing on Nucor right now so is it time to buy?
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Read MoreThe Spotlight
1 Stock Buffett Likes More Than Apple
Stocks have pulled back in the past month, as interest rates and inflation continue to dog the market. The AI excitement that gripped investors earlier in the year has abated somewhat, leading to recent pullbacks in stocks like Nvidia and Microsoft.
Apple has struggled to make an impact with investors because the company has lagged behind its competitors in launching AI-powered products.