Investing

Investing
Investing

Nvidia is losing an industry that saved it from bankruptcy

Nvidia (NVDA) is now the world’s most valuable chip company. The community that helped make it what it is feels like it has been left behind. Gamers are growing increasingly frustrated with Nvidia as the company’s AI boom drives it to prioritize data-center chips over consumer gaming GPUs. The backlash is a direct consequence of

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AI won’t trigger mass layoffs yet, Fed study says

When it comes to artificial intelligence and our jobs, Americans need to learn how to use it or lose it (and our employment).  And the sooner the better. The Federal Reserve Bank of New York released a closely watched AI study that finds the fast adoption of the technology is likely to reshape but not

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Analyst sends bold stock market message as S&P 500 hits new highs

TheS&P 500 is grinding higher, even as investors remain stuck in neutral. In a recent sitdown interview with CNBC, veteran analyst Paul Hickey said that the stark gap is relevant because the market’s message is much more optimistic than the headlines suggest. For perspective, according to Reuters, the Nasdaq Composite closed at 24,016.02, up 1.6%,

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Cathie Wood buys $2.5 million of tumbling megacap stock

Cathie Wood, head of Ark Investment Management, was relatively quiet this week, even as the S&P 500 rallied about 4.5% over the past five days. Wood made no trades on Tuesday, April 14, and Wednesday, April 15, and sold some shares of two medical stocks on Monday, April 13, and Thursday, April 16. But on

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Top Fed officials rethink rate cuts as peace talks begin

The sooner the Iran War ends, the sooner the Federal Reserve can consider cutting interest rates — something the central bank and traders had expected at the beginning of the year. Fed officials have been preaching caution about the impact of oil spikes, inflation and tariffs on the U.S. economy since the conflict began at

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Wall Street firm drops shocking verdict ahead of Tesla earnings

Tesla (TSLA) investors finally caught a break after a long time, thanks to one of the biggest Wall Streetfirms in the world. UBSis making a brave call, moving Tesla’s stock rating from Sell to Hold just as the markets prepare for the upcoming earnings report. Market observers want to know whether the worst is behind

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A low-cost with a cult following is getting its first business class

Launched in 2003 out of the Leeds Bradford Airport (LBA) in northern England, the British low-cost airline Jet2 went unexpectedly viral in the summer of 2025 over an earlier commercial for its package holidays. The cheerful tune alongside the tagline “Nothing beats a Jet2 holiday” became a meme and voiceover that TikTok users with millions

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Scott Bessent sends a shocking message to American banks

Opening a bank account in the United States does not require proof of citizenship. That may be about to change. Treasury Secretary Scott Bessent confirmed on April 14 that an executive order requiring banks to collect citizenship information from their customers is “in process,” according to Bloomberg. Bessent made the remarks at a dinner hosted

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44-year-old gas station chain makes rare closure after 26 years

While retail store closures have become increasingly common in recent years, gas stations have remained relatively resilient. Steady demand for transportation, despite economic uncertainty and more cautious consumer spending, has continued to support the industry. However, rising geopolitical tensions have pushed fuel prices higher in 2026, increasing costs for both consumers and operators. For gas

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Investing

Fidelity sounds the alarm on recession blind spots

Recessions do not send calendar invites, and most people only realize where their finances are exposed after the damage arrives. Fidelity Investments just published a detailed recession-preparation guide that identifies six critical blind spots you may be ignoring entirely.  The firm’s research points to a pattern that repeats in every downturn across every income bracket

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