Wall Street is experiencing a risk-on session Friday, with all sectors of the S&P 500 index trading in the green as traders are energized by the now-imminent Federal Reserve rate cut, expected in less than a week. Both the S&P 500 and Nasdaq 100 are on track for their fifth consecutive session of gains, pushing their weekly performances to 4% and 5.7%, respectively, and fully recouping last week’s losses. Friday saw small-cap stocks build significant momentum, once again outperforming their large-cap counterparts amid the euphoria over the anticipated Fed rate cuts. A large overnight bet by a trader on a…
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Trump Media & Technology Group, the social media business owned by former president Donald Trump, surged on Friday after Trump said he has “absolutely no intention of selling” his stake in the Truth Social owner.Shares of the stock, which trades under the ticker DJT — the same as Trump’s initials — soared $1.89, or 12%, to $17.97 on Friday. The surge helped the stock rebound from a record low on September 11, the day following his debate with Vice President Kamala Harris, with investors appearing to downgrade his chances of winning the U.S. presidential election.Trump Media & Technology Group had already…
We recently published a list of Beyond the Tech Giants: 35 Non-Tech AI Opportunities. In this article, we are going to take a look at where News Corporation (NASDAQ:NWSA) stands against the other not-tech AI stocks.Investors have been desperately searching for a safer way to play the AI boom that has swept the US stock market over the past few months. Prominent investment bank Goldman Sachs recently released an investor note detailing which sectors of the economy would benefit from the AI craze, replacing obvious bull cases in the technology domain by thoughtful insights on the long-term impact of AI on…
Meghan Markle knows how to style a sweater well. The Duchess of Sussex was photographed leaving Godmothers bookstore in Summerland, California, over Labor Day weekend in a navy V-neck Anine Bing top, which she paired with Ulla Johnson culottes, a Cartier choker, Lorraine Schwartz bracelet, Ray Ban aviators, and a Janessa Leone sun hat.BACKGRID Last weekend, Meghan actually returned to the bookstore for its opening event, where she spoke and posed with its founders, Jennifer Rudolph Walsh and Victoria Jackson. She reflected on her trip to New York City shortly before the birth of her first child, Archie. She was…
CHATTANOOGA, Tenn. (WDEF) — The Chattanooga Police Department (CPD) is investigating a fatal traffic crash on Ashland Terrace. CPD responded to a traffic crash near the 700 block of Ashland Terrace at 6:56 a.m September 13, 2024. When officers arrived on scene, they discovered a 43-year-old woman with life threatening injuries. Due to the severity of her injuries, CPD’s Traffic Unit along with the Chattanooga Fire Department (CFD) and Hamilton County EMS also responded to the scene. CFD extracted the woman from the vehicle, and EMS transported her to a nearby hospital where she later died. Preliminary information reveals the…
Congress is heading toward a potential government shutdown, less than two months before the election, over a made-up issue.Donald Trump and the GOP falsely assert that non-citizens voting could influence the 2024 election when study after study shows that this is not a real thing. In exchange for a spending bill that would keep the government open, some Republicans are demanding legislation to combat this nonexistent problem, and that would only serve to disenfranchise Americans.Trump, who continues to falsely assert that he won the 2020 election, has publicly urged the GOP to move ahead with a shutdown if Democrats don’t…
Ironwood Wealth Management LLC. increased its holdings in iShares U.S. Financials ETF (NYSEARCA:IYF – Free Report) by 4.9% during the second quarter, HoldingsChannel.com reports. The fund owned 5,936 shares of the company’s stock after buying an additional 279 shares during the period. Ironwood Wealth Management LLC.’s holdings in iShares U.S. Financials ETF were worth $561,000 as of its most recent filing with the Securities and Exchange Commission (SEC). Several other institutional investors and hedge funds have also recently bought and sold shares of IYF. Cetera Investment Advisers raised its holdings in iShares U.S. Financials ETF by 1,043.8% during the first…
The Fearless Fund will end its Strivers Grant Contest, which provided funds to Black women entrepreneurs, as part of a settlement reached this week with the American Alliance for Equal Rights.The group, led by conservative activist Edward Blum, sued the investment firm last year, arguing the programme — which awarded $20,000 to successful applicants — was unconstitutional and violated the Civil Rights Act of 1866 because only Black women are eligible for the award.In an interview this week with CBS News on Friday, Fearless Fund founding partner and chief executive Arian Simone, called the settlement a “win,” noting that the…
Why Acquired is Your Boss’s Favorite PodcastIllustration by Dragos Lemnei; ANNIKA MILLER (GILBERT AND ROSENTHAL). OLLY CURTIS/FUTURE PUBLISHING/GETTY IMAGES (MICROPHONE). GOLUBOVY/SHUTTERSTOCK (COLORS).Success has come slowly and yet recently enough to David Rosenthal and Ben Gilbert that you get the sense neither can quite believe their good fortune. In fact, the hosts of Acquired, one of the most popular—and unusual—podcasts about business, are at a point in their journey that closely resembles the early days of the business titans whose stories they obsessively and meticulously tell: They are breakout stars but still more or less operating by the seat of their…
On Sept. 2, Vicki Gunvalson spoke about Tamra Judge’s estranged relationship with her eldest daughter, Sidney BarneyThe following days, on Sept. 3 and Sept. 4, Judge replied to Gunvalson’s comments, saying she doesn’t “give a s—,” and then tearfully asked Gunvalson to leave her family aloneA week later, on Sept. 11, Gunvalson replied to Judge’s requests and said she was crying because she “wants attention” Vicki Gunvalson is responding to Tamra Judge’s recent request asking Gunvalson not to talk about Judge and her family. Gunvalson, 62, joined the Hollywood Raw podcast on Wednesday, Sept. 11, and said Judge, 57, pleaded…