Money, Wealth & Power—A Daily Look at the Financial World
Cathie Wood is trimming one of her highest profile winners just as optimism around Tesla’s robotaxi ambitions heats up, unloading tens of millions of dollars in stock while rotating fresh capital into a less obvious semiconductor name. The move signals a subtle but important shift in how one of Wall Street’s most watched growth investors…
Google’s handling of teenagers’ online autonomy is under fresh scrutiny after parents discovered that the company emails children as they approach 13, explaining how to remove parental supervision from their accounts. The messages arrive at the exact age when many platforms open the door to full profiles, and critics say the timing and tone risk…
Tesla investors just got a fresh reminder that their fortunes are tied not only to electric cars but also to Elon Musk’s sprawling empire. Reports that Musk’s SpaceX is interviewing Wall Street banks for a potential listing sent Tesla stock lower, even as the rocket company’s private valuation and expected fundraising look spectacular on paper….
Building a five‑figure monthly income stream from dividends is no longer just the domain of retirees with pensions and patience. One dividend investor now collecting $10,000 a month has paired classic income discipline with an AI‑driven research process, and he is open about the eight stocks he leans on most. I examined his approach, the…
More than a million Verizon customers across the United States suddenly lost mobile service when a massive network failure rippled through one of the country’s largest wireless carriers. Voice calls, texts, and data connections dropped out in major cities and smaller communities alike, leaving phones stuck in “SOS” mode and exposing how fragile everyday connectivity…
The United States has moved to pause immigrant visa processing for a large group of countries, a sweeping step that instantly reshapes who can start a new life in America through family or employment sponsorship. The State Department says the halt is tied to concerns about future reliance on public assistance and national security vetting,…
Walmart is betting that the future of shopping will be driven by generative AI that understands not just what customers ask for, but what they are actually trying to get done. Its head of AI has started to spell out why the retailer believes its deep partnership with Google’s Gemini models gives it an edge…
Saks Global’s plunge into Chapter 11 has exposed a sprawling web of unpaid bills that stretches from Paris couture houses to Silicon Valley software vendors. The bankruptcy of the parent of Saks Fifth Avenue and Neiman Marcus is not just a story about a storied retailer in trouble, it is a stress test for how…
Tesla has spent years selling investors on a future where its self-driving software justifies a premium far beyond that of a traditional carmaker. Nvidia has just forced Wall Street to rethink that bet. By throwing open powerful autonomous driving tools to the wider auto industry, Nvidia has triggered a sharp reset in expectations for how…
President Donald Trump promised that an aggressive tariff campaign would shrink the United States trade gap with China and restore leverage over its biggest rival. Instead, the country he targeted most has just posted the largest trade surplus in modern history, while American consumers and manufacturers shoulder what analysts describe as the biggest tax increase…