Tech stocks today: Meta agrees to settle social media case for $16.68 billion; Nvidia tops Q2 expectations
Meta (META) agreed to settle a social media addiction case with a group of state attorneys general on Wednesday, putting an end to the trial in its second week. The stock initially popped on the news before paring gains.
The case revolved around allegations from 29 states that Instagram and Facebook developed products to hook young users on the platforms and harvested the data of children under 13 to their benefit.
Read MoreHow the Average Retiree’s $330,186 Quietly Pushes Their Social Security Into Taxable Territory
A perfectly ordinary retirement balance sitting in a 401(k) can quietly drag your Social Security benefits into taxable territory through a formula Congress wrote in 1984 and never updated, and most retirees never see it coming until the tax bill…
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Read MoreHow major US stock indexes fared Wednesday 8/26/2026
The U.S. stock market drifted through a quiet day of trading after a report said inflation last month was a touch worse than economists expected.
The S&P 500 edged down by less than 0.1% Wednesday and remains near its all-time high set earlier this month. The Dow Jones Industrial Average dipped 0.2%,
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Read MoreWarren Buffett “Blew It” on Alphabet (GOOGL) And Made It Berkshire’s Third-Biggest Bet
When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard.
Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences.
Read MoreWarren Buffett Thinks Investors Are “Gambling” Right Now. Here are 2 Stocks That Should Be Safe Bets.
Key Points
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Johnson & Johnson has increased its dividend for 64 consecutive years.
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Merck has raised its dividend for 26 consecutive years.
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Both drug companies spend heavily on R&D.
There are concerns that we may be in an economic bubble,
Read MoreThe Burst
Sports Betting’s $25 Billion Future: How DraftKings Is Dominating the Market
It seems like right now is a good time to bet on sports betting companies. More than half of the U.S. states have opened their doors to sports betting by legalizing it in one form or the other. This has quite really opened floodgates for companies engaged in the segment, including today’s main star,
» Read more about: Sports Betting’s $25 Billion Future: How DraftKings Is Dominating the Market »
Read MoreThe Ivy
What Does Buffett Know?
When the rest of Wall Street was riding the AI-fueled tech rally last year, the Oracle of Omaha was quietly doing the opposite, selling more stocks than he bought and stacking cash to the tune of a staggering $347 billion. While the S&P 500 was hitting fresh highs and investors were throwing money at growth stocks,
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Read MoreThe Spotlight
#1 Most Important Rule That Made Millions
When Mark Minervini won the US Trading Championships, some attributed his victory to luck. As the years went by and he kept winning the narrative changed. Then he decided to enter the competition again, and naysayers told him not to risk his reputation. He went on to win once again, out-trading every other competitor and coming top of the podium in the $1 million+ category.
» Read more about: #1 Most Important Rule That Made Millions »