Looking for a focused $500 crypto play? Polkadot is my pick today thanks to big upgrades and a coming supply cap. And it doesn't hurt to get started at a low buy-in price.
Nvidia CEO Jensen Huang warns that AI compute demand is skyrocketing faster than hardware and energy infrastructure can keep up, while Futurum CEO Daniel Newman says the industry is only "1% into the AI revolution," highlighting the need for massive expansion in computing, energy, and innovative data center solutions.
Toll Brothers’ third quarter results were met with a negative market reaction, as the company reported revenue ahead of Wall Street expectations but missed on non-GAAP profit forecasts. Management attributed the mixed performance to persistent affordability challenges in the broader housing market, which were partially offset by the firm’s focus on wealthier buyers less affected by higher mortgage rates. CEO Douglas Yearley noted that, despite the environment, “our luxury business is differentiated as we serve a more affluent customer who is less impacted by the affordability pressures that continue to impact the broader housing market.” The delay in closing the Apartment Living business sale also weighed on earnings per share, a factor management cited for the shortfall.
Billionaire entrepreneur and Tesla Inc. (NASDAQ: TSLA) CEO, Elon Musk's one-word response to a post on X is shedding light on the sheer size and scale of China's economy, while also busting assumptions regarding the East Asian giant's reliance on the United States.
Kevin O'Leary credits his wife's financial advice for his wealth, emphasizing the importance of restraint in spending. He also shares tips for smart spending and building a $5 million nest egg.
Banks play a critical role in the financial system, providing everything from commercial loans to wealth management and payment processing services. These institutions have benefited from improved net interest margins and robust credit growth,
so it’s no surprise the banking industry has posted a 17.2% gain over the past six months, beating the S&P 500 by 2.8 percentage points.
