Ever wondered how much Elon Musk makes? Spoiler alert: It’s not your typical paycheck. In fact, Musk’s wealth is tied almost entirely to stock options and investments for his various companies, like Tesla and SpaceX. That means his daily earnings fluctuate wildly, depending on market performance and other ventures. Read Next: If the Top 10 Billionaires’ Wealth Was Distributed Equally in America, How Much Money Would Each Person Get? Learn More: 6 Subtly Genius Moves All Wealthy People Make With Their Money ...

U.S. stocks traded higher midway through trading, with the Nasdaq Composite gaining around 0.2% on Friday.The Dow traded up 0.17% to 47,933.71 while the NASDAQ rose 0.16% to 23,543.03. The S&P 500 also rose, gaining, 0.15% to 6,867.40.Check This Out: Broadcom To Rally More Than 14%? Here Are 10 Top Analyst Forecasts For FridayLeading and Lagging SectorsCommunication services shares jumped by 0.9% on Friday.In trading on Friday, utilities stocks fell by 0.6%.Top HeadlineThe U.S. PCE price index increased 0.3 ...

The market continues to show some encouraging signs and if that continues, bull put spread trades could do well. To execute a bull put spread, an investor would sell a naked put and then buy a further out-of-the-money put to create a spread. More News from Barchart A bull put spread is considered less risky than a naked put, because the losses are capped thanks to the bought put. The following trades are short-term and high risk, so should only be considered by experienced option traders. AAPL Bull Put ...

The most oversold stocks in the information technology sector presents an opportunity to buy into undervalued companies.The RSI is a momentum indicator, which compares a stock’s strength on days when prices go up to its strength on days when prices go down. When compared to a stock’s price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered oversold when the RSI is below 30, according to Benzinga Pro.Here's the latest list of major overso ...

Apple’s executive shakeup continues with departures of general counsel and policy head https://t.co/Nv5G8psCwv ...

If you thought the AI boom was just about chatbots and new gadgets, it’s time to think bigger. Wall Street has quietly become the financial engine behind America’s AI expansion, pouring massive amounts of money into giant data centers, power-hungry chip farms, and next-gen computing campuses. Must Read And they’re doing it even as analysts warn of over-investment, slowing returns and echoes of past bubbles like in the early 2000s. The financial fuel behind the AI boom isn’t just shaping Silicon Valley, ...

Meta Platforms Inc.’s Mark Zuckerberg is expected to meaningfully cut resources for building the so-called metaverse, an effort that he once framed as the future of the company and the reason for changing its name from Facebook Inc.Executives are considering potential budget cuts as high as 30% for the metaverse group next year, which includes the virtual worlds product Meta Horizon Worlds and its Quest virtual reality unit, according to people familiar with the talks, who asked not to be named while discus ...

While the prospect of doubling or tripling the returns of a benchmark index like the S&P 500 is tantalizing, investors should understand the finer points of leveraged ETFs before they take the plunge. Here are some key takeaways for average investors.For more guidance on ETF investing, check out the full guide at this link .SSO, in contrast, delivers 2x daily S&P 500 exposure, resulting in a broader sector mix—technology (31%), a large allocation to cash and others (30%), and financial services (9%). Its to ...

Anthropic signs $200M deal to bring its LLMs to Snowflake’s customers https://t.co/8M4tixR35J ...

Meta's Zuckerberg is planning cuts as high as 30% for his metaverse efforts, after the idea of living in virtual worlds has failed to take off https://t.co/qV0g8l2QHs ...