ToplineElon Musk’s fortune soared Thursday, rising above $785 billion to a new record high as Tesla’s stock rose after Musk said the company’s robotaxi fleet would be “widespread” by year’s end.Musk is closing in on the $800 billion mark as his net worth sets a new record.Anadolu via Getty Images ...

ToplineSpaceX is lining up four major Wall Street banks to lead its initial public offering, the Financial Times reported on Thursday, as the space tech company prepares for what could be one of the largest IPOs in history that investors hope could value the company at $1.5 trillion.The four Wall Street firms are currently selling existing shares valuing the company at $800 billion, according to reports.Getty ImagesKey FactsThe banks reportedly include Bank of America, Goldman Sachs, JPMorgan Chase and Morg ...

President Donald Trump sued JPMorgan Chase and its CEO Jamie Dimon on Thursday over claims the bank terminated his bank accounts following the Jan. 6 Capitol attack, according to multiple outlets , seeking at least $5 billion from the bank.JPMorgan said in a statement the lawsuit “has no merit,” adding it does not close accounts for political or religious reasons but does close them “because they create legal or regulatory risk for the company.”“We regret having to do so but often rules and regulatory expec ...

2026 TrendsgettyWhen we buy dividend stocks, we’re looking for more than just the dividend. Price gains are preferred as well.Greedy? Nah. Not if we time our buys right. It is possible to have our payouts and watch our stocks go up, too.Two months ago, we recommended Annaly Capital (NLY) in these pages. Annaly dished a safe 12.9% dividend, well-funded by income. And the mortgage REIT (mREIT) had upside potential to boot.Vanilla investors were worried about a recession, missing a time-tested maxim of income ...

Larry Fink, CEO of BlackRock, and Jensen Huang, CEO of Nvidia, discuss the largest infrastructure build-out in human history during the World Economic Forum in Davos - Jan 21, 2026. Photographer: Krisztian Bocsi/Bloomberg© 2026 Bloomberg Finance LPSpeaking on the sidelines of the 2026 World Economic Forum in Davos this month, Dario Amodei, CEO and cofounder of Anthropic, said the U.S. decision to allow sales of Nvidia’s advanced AI chips to China was “like selling nuclear weapons to North Korea” and warned ...

Signage for financial software company Intuit at the company's headquarters in the Silicon Valley town of Mountain View, California, August 24, 2016. (Photo by Smith Collection/Gado/Getty Images).Getty ImagesIntuit (INTU) stock could be a solid investment opportunity at this moment. Why? Because it offers high margins – indicative of pricing power and capacity for cash generation – at a discounted price. Such companies typically produce consistent, predictable profits and cash flows, which lowers risk and f ...

An American Airlines sits at a gate of Chicago O'Hare International Airport on January 15. (Photo by Daniel Slim)AFP via Getty ImagesUnited Airlines CEO Scott Kirby has again excoriated a key rival’s presence at Chicago O’Hare, saying that American Airlines will lose $1 billion at ORD this year while United makes more than $500 million.Kirby spoke on United’s fourth quarter earnings call on Wednesday morning. American responded early Thursday, calling Kirby’s repeated claims “inconsistent” and “unsubstantia ...

ToplineInflation improved in October before rising again in November, according to delayed federal data released Thursday, as the Federal Reserve’s favored inflation gauge aligned with Wall Street’s expectations.Earlier delayed data indicated inflation cooled in the month.AFP via Getty ImagesKey FactsAnnual inflation was 2.7% in October 2025 before increasing to 2.8% November, according to core consumption expenditures (PCE) price index data reported Tuesday by the Bureau of Economic Analysis, which last re ...

Core Insights - Amazon.com (AMZN) has faced significant stock declines exceeding 30% on three occasions in recent years, resulting in substantial market capitalization losses [2] - The company is currently under pressure from various risks, including cash flow issues, increasing competition, and legal challenges [3][4][5][6] Financial Performance - Amazon's free cash flow for the last twelve months has decreased to $14.8 billion, influenced by a $50.9 billion year-over-year increase in property and equipment acquisitions [9] - The company has raised its capital expenditure forecast for 2025 to $125 billion from $118 billion, with expectations for further increases in 2026 [9] - Revenue growth stands at 10.9% for the last twelve months and an average of 11.3% over the past three years, with a free cash flow margin of approximately 2.0% and an operating margin of 11.4% [10] Competitive Landscape - The North America segment is experiencing slowing revenue growth and margin compression due to rising logistics and marketing expenses [9] - Walmart's e-commerce sales have increased by 27% year-over-year, with marketplace revenue rising by 37%, indicating intensifying competition [9] Legal and Regulatory Environment - Amazon is facing ongoing legal costs and potential penalties, with a proposed class-action lawsuit regarding disability accommodations and an FTC lawsuit alleging anticompetitive practices [9] - The court has allowed the FTC case to proceed to trial, which is set for 2026 [9]

GERMANY - 2025/10/03: In this photo illustration, the AppLovin Corporation logo is seen displayed on a smartphone screen. (Photo Illustration by Igor Golovniov/SOPA Images/LightRocket via Getty Images)SOPA Images/LightRocket via Getty ImagesAppLovin (APP) shares have decreased by 5.8% over the past day, and are presently trading at $532.56. Our comprehensive evaluation indicates that it could be an opportune moment to acquire additional shares of APP stock. We maintain a favorable outlook for the stock, and ...