Europe’s central banks may come under political pressure, Panetta says
Australian shares little changed as gold miners, consumer stocks drag
What did Tim Draper see in Elon Musk that others missed? The early Tesla and SpaceX backer on the $2 trillion IPO, xAI, and the coming AI shakeout.Draper AssociatesSpaceX’s blockbuster IPO this year created billions in paper wealth. Shares climbed 19% after Wall Street’s biggest-ever debut, valuing the company at more than $2 trillion. Silicon…
These may be the last days of Amazon’s Mechanical Turk…
The pizza restaurant industry has been downsizing this year, with major chains closing hundreds of underperforming locations. Mountain Mike’s Pizza chain has been a contrarian over the last two years, adding dozens of new locations. The expansion mode, however, hasn’t prevented one of its …
The humanoid robotics market is awash in money right now. Last week, AI2 Robotics, a Shenzhen-based startup that makes wheeled humanoid robots, raised roughly $735 million at a nearly $3 billion valuation. Earlier this year, Apptronik, an Austin-based maker of humanoid robots for manufacturing and logistics, closed a $935 million funding round valuing the company…
Investors look for Fed clues, earnings signs as tech wobbles
What are the implications of a K-shaped economy?
Expanded deductions for older Americans are changing the tax-planning equation for retirees, according to Jeffrey Levine, chief planning officer at Focus Partners Wealth. In an interview as part of the Focus on Finance Forum series, Levine explained that many retirees may now qualify for the 0% …
Gold prices seemed to be mounting a comeback, but JPMorgan just made the rally harder to trust. Investors expected the shiny yellow metal to continue pushing higher into year’s end, buoyed by rate-cut hopes, central-bank buying, and safe-haven demand. Reuters reported that spot gold was up over 2% …
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