Tag: Economy

Anyone watching late-night television has heard those ads that urge people to sell the rights to a structured settlement won in a lawsuit to get cash now. “If you agree to take your award or settlement as a structured settlement, instead of receiving one large amount from the plaintiff…

Ukraine drone attacks put Russia’s Wildberries and banks under pressure

Transcript: Caroline Woods:Joining me now is Tiffany McGhee, CEO and chief investment officer at Pivotal Advisors. Tiffany, great to have you back. Tiffany McGhee:Good to be back, Caroline. Caroline Woods:All right. So, Tiffany, the jobs report came in worse than expected today. The economy lost …

SpaceX (SPCX) stock investors are still reeling from a post-earnings sell-off, digesting a quarter dominated by soaring CapEx and growing questions over cash generation. Before the report, Wall Street was looking for strong headline numbers but remained mostly skeptical of its ability to expand AI, …

AI CapEx fatigue continues to sour investors as hyperscalers shell out billions on data centers, chips, and power infrastructure without a clear timetable for returns. Wall Street’s been bracing for evidence of the spending boom being a drag on margins, free cash flows, and earnings. Some of the …

Czech central bank keeps rates at 3.75% after June hike

China’s central bank pledges timely policy tool adjustment

Nexus Data Centers is closing in on $15 billion in financing to build an AI campus in Hubbard, Texas, which Anthropic will lease, with Morgan Stanley leading the bank group behind the deal, according to CNBC. The loan is going to Nexus, a data center developer few investors had heard of a year ago…

For five consecutive quarters, Meta Platforms did something that very few companies at its scale manage to pull off. It beat earnings expectations every single time, while simultaneously ramping one of the most aggressive AI spending programs in corporate history. The market rewarded both things. …

Jim Cramer urged investors to stop using borrowed money for artificial intelligence stocks as U.S. margin debt climbed above $1.5 trillion. A lot of the biggest advances in the industry have been in AI infrastructure. Jim Cramer thinks investors who are borrowing to pursue those returns are taking …