Core Insights - Elon Musk is on track to potentially become a trillionaire, with SpaceX's upcoming IPO targeting a market valuation of $1.5 trillion, which could double his net worth [1][7] - Musk's wealth is significantly influenced by his stakes in various companies, including Tesla, The Boring Company, Neuralink, and xAI, with estimates suggesting his future net worth could rival the GDP of some countries [2][5] Company Valuations - SpaceX's stake is estimated to be around 40%, potentially worth over $330 billion today, and could reach $625 billion if the company achieves a $1.5 trillion valuation by 2026 [4] - Tesla's stock has reached record highs, contributing to Musk's current wealth of approximately $600 billion, which could rise to $900 billion with SpaceX's anticipated public valuation [5] Other Ventures - Musk reportedly owns a third of xAI, valued at around $230 billion, while The Boring Company and Neuralink are valued at over $5 billion and $9 billion, respectively [6] - The combination of Musk's holdings across these companies positions him for substantial wealth growth, further enhanced by his Tesla compensation package linked to performance milestones [5][6]

Core Insights - The last time the Consumer Price Index rose by less than 1% over 12 months without a pandemic was in July 2016 [1] - Kevin Hassett predicts a potential return to low inflation and strong economic growth similar to the late 2010s, with a target inflation rate of 1% and economic growth of 3% [2][3] - Achieving a 1% inflation rate would significantly benefit consumers, extending the time for prices to double from 24 years to approximately 72 years [2] Economic Outlook - A combination of 1% inflation and 3% economic growth is seen as possible but unlikely in the near term, as inflation has not been below the Federal Reserve's target of 2% since 2021 [3] - Most forecasters do not expect inflation to drop below 2% for several years, indicating a challenging economic environment ahead [5] Policy Implications - Hassett believes that the economic policies from the Trump administration could eventually lead to lower inflation rates [4] - Although Hassett is not the leading candidate to succeed Jerome Powell as Federal Reserve Chair, he remains favored in prediction markets [4]

Dave Ramsey has become one of the wealthiest and most well-known personal finance figures in the U.S. By the age of 26, he was earning about $250,000 a year and had built a net worth of roughly $1 million, only to lose it all when his highly leveraged real estate investments ran into trouble. After declaring bankruptcy, he rebuilt his finances and became a leading financial educator. Ramsey saw the highest annual income of his career this year, with his company Ramsey Solutions generating about $300 milli ...

All right, joining me now here on set, our man of the hour, Kenny Pulcary, partner, chief market strategist, Slate Stone Wealth. Love when you're here in person. Great to see here.>> Tell me your thoughts. We went through some of the numbers on non-farm payrolls. What stood out to you.What was important. >> So, there were two things, right. Because it's kind of a mixed report.We had better job uh growth than we expected and certainly in contrast to the ADP number last week that showed negative uh uh job gro ...

Core Insights - CarMax, Inc. is set to release its quarterly earnings on December 18, 2025, with Wall Street expecting an EPS of $0.32 and revenue of approximately $5.64 billion [1][6] - The company is currently facing multiple securities fraud class action lawsuits, which may negatively impact investor sentiment [2][3][6] Legal Challenges - A securities fraud class action lawsuit has been initiated against CarMax, alleging that executives failed to disclose critical information and overstated growth prospects due to tariff speculation [2] - Another class action lawsuit targets individuals who purchased CarMax securities between June 20, 2025, and November 5, 2025, accusing the company of making false or misleading statements [3] - Faruqi & Faruqi, LLP is investigating potential claims related to losses incurred between June 20, 2025, and September 24, 2025, urging investors to consider their legal options [4] Financial Metrics - CarMax has a price-to-earnings (P/E) ratio of 11.77, indicating a relatively low market valuation compared to its revenue [5][6] - The company’s price-to-sales ratio stands at 0.24, and its enterprise value to sales ratio is 0.89, further suggesting a low market valuation [5] - CarMax's debt-to-equity ratio is 2.87, indicating significant financial leverage, while a current ratio of 2.46 shows its ability to cover short-term liabilities [5][6]

The company and many of its peers saw dramatic lifts on the back of new Presidential remarks.Investors caught quite the serious buzz from marijuana stocks on Tuesday, thanks largely to President Trump's strongest indication so far that he will get the ball rolling on the drug's rescheduling. One title that wafted well higher in price was Curaleaf Holdings (CURLF +23.18%), which was up by almost 25% when the smoke cleared. Will the Trump card be played?This came in an answer to a reporter's question whether ...

The global oil market looks well-supplied at the end of the year, with output sufficient to absorb a supply disruption in Venezuela, the world’s biggest crude resource holder. The escalating U.S.-Venezuela tensions in recent weeks, a tanker seizure, and further U.S. sanctions squeezes on Nicolas Maduro and his allies, including companies operating tankers, have cut Venezuela’s production to a seven-month low. The International Energy Agency (IEA) estimated Venezuela’s oil supply at 860,000 barrels per ...

Vessels are idling at ports or veering away from the region. But for Chevron, it's business as usual. ...

A restaurant displays a 'hiring' sign in its window in Manhattan on Dec. 16, 2025, in New York City.The U.S. November jobs report has something for everybody. Those convinced of weakness will highlight the higher-than-expected unemployment rate as well as the number of jobs shrinking in October. On the other hand, proponents of a strong economy will focus on jobs growth in November beating estimates, and point out that the increase in the unemployment rate was mostly because the labor force grew, as CNBC's ...

PresentationDeborah HonigAdelaide Capital Good afternoon. Thanks for joining us today. We have a very special presentation with Tantalus Systems. With me, I have Peter Londa, CEO; and Andrew Mitchell, who's Director of Utility Solutions, he's actually done a demo with us before, but today is going to be a bit of a special demo we're going to walk through The Day in the Life of the Utility. So it should be very interesting for a lot of the viewers that would like to see this offer in action. I don't think w ...