FINANCE
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With $900k in a Roth and $2,200 Monthly Social Security, Is Retiring at 66 Feasible?
A woman looks out of the window in her office and contemplates whether she can afford to retire at 66. SmartAsset and Yahoo Finance LLC may earn commission or revenue through links in the content below. Imagine that you have $900,000 in a Roth IRA and collect another $2,200 per month in Social Security. Can you afford to retire at…
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Schwab soars on earnings beat as firm pays down costly debt
(Bloomberg) — Charles Schwab Corp. (SCHW) shares jumped after reporting earnings per share that topped analyst estimates and curbing some of its expensive debt — a sign the firm has moved past a bout of turbulence last year. Most Read from Bloomberg The company said adjusted earnings per share for the third quarter were 77 cents, beating analyst forecasts. Adjusted…
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The Newest Artificial Intelligence Stock Has Arrived — and It Claims to Make Chips That Are 20x Faster Than Nvidia
The artificial intelligence chipmaker Nvidia (NASDAQ: NVDA) has amassed close to a $3.2 trillion market cap, making it one of the world’s largest chipmakers. It now consumes more than 6% of the broader benchmark S&P 500 index. Over the last five years, Nvidia has grown annual revenue by 458% and the stock is up an incredible 2,009%. Given the potential…
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2 Artificial Intelligence (AI) Stocks That Could Go Parabolic
Many companies have witnessed a tremendous increase in their share prices over the past couple of years thanks to the growing adoption of artificial intelligence (AI), which is not surprising as this technology has created massive demand for both hardware and software. The good part is that AI is currently in its early phases of growth. IDC estimates that global…
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A GE spinoff’s stock is surging as it positions itself as the ‘supermarket’ for AI energy demand
The massive demand for energy as Big Tech races to build its AI infrastructure has been a tailwind for GE Vernova (GEV), the power equipment maker that spun out of iconic GE earlier this year. Shares of the Cambridge, Mass.-based company have been hovering near all-time highs, along with the broader S&P 500 Industrial ETF (XLI), as investors look to…
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Every Super Micro Computer Stock Investor Should Keep an Eye on This Number
Super Micro Computer (NASDAQ: SMCI) stock is still up more than 1,000% over the last three years, thanks to rising demand for its high-performance rack servers tied to artificial intelligence (AI). Its share price is also down 66% from the lifetime high it reached earlier this year. While a wide range of factors will play a role in shaping the…
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Nvidia stock slips on China trade fears
Nvidia stock (NVDA) fell as much as 2.8% in premarket trading Monday as investors continued to absorb news that Chinese regulators are reportedly discouraging local companies from buying Nvidia’s artificial intelligence chips. The stock pared losses after the bell, down about 1.4% to around $120. Bloomberg reported Friday afternoon that Beijing is urging Chinese companies to buy from chipmakers within…
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Treasuries Rally as Data Cements Rate-Cut Bets: Markets Wrap
(Bloomberg) — US Treasuries rallied after fresh economic data reinforced bets for further rate cuts by the Federal Reserve. Stocks wavered, briefly pushing higher after an indicator highlighted optimism about the US economy. Most Read from Bloomberg Yields fell across the curve, with the 10-year rate declining to around 3.76%. The dollar stayed lower. The S&P 500 and the Nasdaq…
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Stocks Rally Stalls as Consumer Sentiment Hit: Markets Wrap
(Bloomberg) — US stocks dipped after consumer confidence unexpectedly fell the most in three years, while bonds were under pressure ahead of a Treasury auction Tuesday. Most Read from Bloomberg The S&P 500 Index slid 0.2% — the equities benchmark had set a closing record in the prior session. The Nasdaq 100 gauge edged down 0.4% after the Conference Board’s…
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3 Stock-Split Stocks to Buy Before They Soar as Much as 243%, According to Select Wall Street Analysts
The popularity of stock splits has seen a resurgence in recent years. While the procedure was common throughout the 1990s, it had faded into near obscurity before enjoying a renaissance over the past decade. Companies will normally embark on a stock split after years of strong operational and financial results have driven a surging stock price. The prospect of a…
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