Big Bank Stocks Are Tumbling After Trump Said This
Investopedia· 2026-01-12 16:15
Key Takeaways Bank stocks fell Monday after President Donald Trump said over the weekend that credit card interest rates should be capped at 10% for at least a year.How a cap would be put in place and why for only a year remains unclear. A number of banking and financial stocks slumped Monday morning after President Donald Trump over the weekend suggested capping credit card interest rates. Trump posted on social media late Friday that Americans are being "ripped off" by interest rates of 20% to 30%, a ...
Trump's latest move against Powell could mean a delay for the president's big chance to install a new Fed chair
MarketWatch· 2026-01-12 16:15
A Republican senator with leverage says he won't support a nominee for Fed chair until the Justice Department's probe of Jerome Powell is resolved. ...
High earners have credit card debt, too. But they won't admit it.
Yahoo Finance· 2026-01-12 16:13
Credit card debt can be embarrassing. Interest rates are often sky-high. A maxed-out card might feel like a symbol of poor choices or lax financial discipline. And card debt is especially embarrassing, apparently, to people who earn a lot. Roughly two-fifths of consumers with credit card debt have lied about the amount of their debt, according to a 2025 survey from LendingTree, an online lending marketplace. Among those with card debt who earn more than $100,000 a year, the share who lie about it rises ...
Alphabet Becomes Newest $4 Trillion Company, Joining Nvidia and Apple
WSJ· 2026-01-12 16:13
Optimism about its growing AI business gave the Google parent entry to a rarefied club. ...
Why Bitmine Immersion Technologies Stock Rocketed 248% Higher In 2025
Yahoo Finance· 2026-01-12 16:12
Key Points Bitmine Immersion Technologies is a crypto treasury company similar to Strategy (formerly MicroStrategy). The company is aiming to raise funds through common stock offerings to buy Ethereum. It is now trading at a discount to its cryptocurrency assets, which presents a dilemma for the business. 10 stocks we like better than Bitmine Immersion Technologies › Shares of Bitmine Immersion Technologies (NYSEMKT: BMNR) rose an astonishing 248% in 2025, according to data from S&P Global Marke ...
Discretionary Active ETFs Gain Share as Systematic Funds Lag
Etftrends· 2026-01-12 16:12
The active ETF market split along strategy lines in 2025, with discretionary equity funds gaining 3.3% market share while systematic equity funds lost 1.1%, according to Morningstar data shared by Ben Johnson, head of client solutions and asset management at the firm. The divergence shows not all active strategies performed equally, with the T. Rowe Price Capital Appreciation Equity ETF (TCAF) capturing $2.59 billion in one-year flows and delivering a 14.3% return, according to ETF Database, highlighting di ...
If You'd Invested $100 in Palantir Stock 1 Year Ago, Here's How Much You'd Have Today
Yahoo Finance· 2026-01-12 16:11
Key Points Palantir has been one of the AI revolution's biggest winners. The business is posting incredible sales growth and margins. The AI stock has soared over the last year and pushed the company's valuation to even more growth-dependent levels. 10 stocks we like better than Palantir Technologies › Palantir (NASDAQ: PLTR) stands as a clear-cut leader in the artificial intelligence (AI) software space. The company's early prioritization of data-gathering and analytics technologies helped establ ...
TEVA Signs Deal With RPRX to Accelerate Development of Vitiligo Drug
ZACKS· 2026-01-12 16:10
Key Takeaways Teva signed a deal with RPRX for the speedy development of anti-IL-15 antibody TEV-'408 for vitiligo.RPRX will co-fund a phase IIb vitiligo study, with an option to invest in phase III pending results.TEVA keeps rights while paying milestones and royalties if approved, lowering risk via non-dilutive funding.Teva Pharmaceuticals (TEVA) announced a funding agreement with Royalty Pharma plc (RPRX) , under which the latter will provide up to $500 million to accelerate the development of Teva’s ant ...
Archer Aviation Inc. (ACHR) Under Investigation by Highful Law PLLC
Businesswire· 2026-01-12 16:10
AUSTIN, Texas--(BUSINESS WIRE)--Highful Law PLLC announces a securities fraud investigation into Archer Aviation Inc. (NYSE:ACHR) after the company's failed air taxi demonstration. ...
Quince Therapeutics: Good Potential In Orphan Disease In Q1 With Platform Potential
Seeking Alpha· 2026-01-12 16:08
Investment Focus - The company is focused on growth markets, particularly in AI and biotech, while also exploring undervalued stocks with significant potential in the semiconductor and mining sectors [1] - The investment strategy is influenced by Warren Buffett's principles but applied to riskier investments, covering a range of market capitalizations from megacap to microcap [1] Portfolio Composition - The portfolio includes a diverse range of investments, with a significant emphasis on U.S. markets, although there may be occasional investments in European or Canadian stocks [1] - The aggressive part of the portfolio is primarily directed towards sectors such as mining, shipping, and dividends [1] Professional Background - The company is led by a deputy director general in a prominent European sector organization, indicating a strong professional background and network in the investment community [1] - The individual has a Master's Degree in Law, which may contribute to a comprehensive understanding of regulatory and legal aspects in investment [1]