Why Alibaba Is a Big Deal
Alibaba is gearing up for a U.S. IPO that could raise $15 billion, just shy of what Facebook sold when it went public. The Wall Street Journal’s Thomas Di Fonzo explains why Alibaba is so big.
My wife is 76, born in 1948. She retired at full retirement age and currently collects $1,076 per month. I will be retiring and start collecting at 70 this year (I was born in 1954). When I collect $4,000+ per month does her monthly payment go up to spousal benefit automatically or does it have […] The post When I Claim My $4,000 Social Security, Will My Wife Automatically Get a Spousal Benefit? appeared first on SmartReads by SmartAsset.
A bigger COLA may sound great, but it has some big drawbacks for retirees too.
(Bloomberg) -- Palantir Technologies Inc. shares slid in extended trading on Monday as the market appeared unimpressed by the company’s outlook for annual sales after the stock has tripled in the past year.Most Read from BloombergIsrael Says a Cease-Fire Plan Backed by Hamas Falls ShortJack Dorsey Leaves Bluesky Board, Calls X ‘Freedom Technology’At $2 Million Per Minute, Treasuries Mint Cash Like Never BeforeEx-Trump Controller Says Cohen Repaid From Personal AccountS&P 500 Extends Gains in Fin
Palantir followed up its “bombastic” December quarter with even better results for the March quarter as the data analytics software company continued to gain traction with its artificial intelligence tools in particular with U.S. commercial customers. Palantir shares, which rallied 8.1% in Monday’s regular session, was off about 4 % in after-hours trading. For the March quarter, Palantir posted revenue of $634 million, up 21% from a year ago, and ahead of both the company’s guidance range of $612 million to $616 million and Wall Street’s consensus of $615 million as tracked by FactSet.
One of Buffett's favorite stocks of all time topped his list of buys in 2023.
Shilling told Business Insider that wave of layoffs could come as employers realize the economy was weaker than they thought.
The last inflation report, which came in worse than expected, had investors worried about the Federal Reserve’s plans for interest rates this year. The central bank held rates steady in its most recent decision, cooling fears that a hike is in the offing. When combined with moderate gains in the Q1 earnings reports, it makes sense that we saw stocks rebounding as confidence in the market was restored. However, according to JPMorgan’s chief market strategist Marko Kolanovic, we’re not out of the
During Tesla's first-quarter earnings call, investors learned that the company is exploring licensing opportunities in autonomous driving.
General Electric officially split into GE Aerospace and GE Vernova in April. GE Aerospace now trades at its best level since the 2008 meltdown.
Real estate mogul Grant Cardone took aim at the Biden administration's proposed 25% tax on unrealized gains on taxpayers with wealth greater than $100 million, asking his followers on X to imagine the value of their homes or stocks increasing $400,000. "YOU would owe $25,000 without selling," Cardone posted. "Another attempt to destroy middle-class America." The Budget of the United States Government for fiscal 2025 proposes a new minimum tax on income and unrealized capital gains — for the smal