Monthly wealth stream

S&P 500 Hits Record High as AI Powers Tech Rally: Markets Wrap monthlywealthstream

(Bloomberg) — A rally in big tech and a batch of earnings from corporate heavyweights drove stocks toward a record close in a continuation of the surge fueled by the strength of Corporate America. Most Read from Bloomberg With an almost 1% advance, the S&P 500 briefly touched its all-time intraday high near 6,100. Nvidia […]

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Nvidia, tech stocks rally after Trump announces $500 billion Stargate AI project monthlywealthstream

Nvidia (NVDA) stock jumped more than 4% Wednesday to help lead the tech sector and some chip stocks higher following Trump’s announcement of a massive, $500 billion AI infrastructure project. The project creates a company called Stargate, which will be initially funded by SoftBank (SFTBY), OpenAI, Oracle (ORCL), and UAE-based MGX. Stargate named Nvidia, along

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Why Thousands of Older Adults May Be Forced Out of Their ‘Forever’ Homes monthlywealthstream

Since 2020, at least 16 continuing care retirement communities (CCRCs) have filed for bankruptcy, putting thousands of older adults at risk of losing their six-figure deposits and homes. While these facilities promise lifetime care in exchange for entrance fees ranging from $200,000 to over $1 million, complex financial structures and inadequate oversight are part of

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Exclusive-OpenAI tells India court ChatGPT data removal will breach US legal obligations monthlywealthstream

By Arpan Chaturvedi, Aditya Kalra and Munsif Vengattil NEW DELHI (Reuters) – OpenAI has told an Indian court that any order to remove training data powering its ChatGPT service would be inconsistent with its legal obligations in the United States, according to a recent filing seen by Reuters. The Microsoft-backed AI firm also said that

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Musk undercuts Trump’s Stargate AI investment announcement monthlywealthstream

The logo of OpenAI is shown on a mobile phone in front of a computer screen displaying the photographs of Sam Altman, left, and Elon Musk, March 14, 2024. Muhammed Selim Korkutata | Anadolu | Getty Images Elon Musk claimed overnight Tuesday that tech giants OpenAI, Oracle and Softbank don’t have enough money to fulfill

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The Ownership Battles at U.S. Steel and TikTok monthlywealthstream

In this podcast, Motley Fool analyst Jason Moser and host Mary Long discuss: Why so many companies want in on U.S. Steel. How to factor CEO personality into potential investments. TikTok’s potential buyers. Then, Motley Fool host Alison Southwick and personal finance expert Robert Brokamp tackle the listener mailbag and answer your questions about finding

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Netflix stock reaches all-time high as Wall Street cheers ‘near flawless’ earnings monthlywealthstream

Netflix stock (NFLX) surged to yet another all-time high, rising as much as 13.6% in early trading on Wednesday, as Wall Street analysts praised the company’s fourth quarter earnings results. Shortly after the opening bell, the stock leaped to just under $1,000 a share as analysts rushed to increase their respective price targets. Pivotal Research

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The Hidden Economic Forces Behind California’s Use of Inmates as Firefighters monthlywealthstream

The wildfires sweeping across the Los Angeles region are decimating land property and taking lives. They are also reigniting the debate about whether forcing prisoners to work for a pittance is right. More than 1,000 California inmates have been fighting the wildfires, a controversial practice that dates back to 1915 and results from a complex

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Caffeine fix? Coffee wholesaler sues brokerage over missing $84,500 load monthlywealthstream

Coffee Holding Co. of Staten Island, New York, recently filed a breach-of-contract and negligence lawsuit against Ryaan Logistics of Prosper, Texas, over a missing shipment of coffee. (Photo: Zimmytws/Shutterstock) A publicly traded coffee wholesaler has filed a breach-of-contract and negligence lawsuit against a Texas-based logistics company nearly a year after a load of coffee, valued

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