Money, Wealth & Power—A Daily Look at the Financial World
Relentless investment in artificial intelligence has turned a once-cyclical corner of the chip industry into one of the market’s loudest trades, with memory and storage stocks racing ahead as supply struggles to keep up. Prices for the chips that feed large language models and data-hungry cloud services are spiking, and investors are betting that this…
Cathie Wood has built her reputation on backing transformative technologies early, but on quantum computing she is sounding a rare note of restraint. Instead of urging investors to pile into the sector, she is warning that many pure-play quantum stocks could effectively go nowhere for 20 to 40 years before the technology truly pays off….
At a recent rally, Donald Trump told supporters, “You saw today we have 4.5% inflation,” slurring his way through a jumble of economic talking points that blurred basic concepts like prices and unemployment. The line was meant to dramatize the cost of living, but it clashed sharply with official data and with his own repeated…
As fortunes at the very top swell, the consequences are not confined to private jets and luxury compounds. When the richest 1 percent pull away from everyone else, the strain shows up in crowded emergency rooms, stagnant wages, fraying democracies, and neighborhoods that feel less safe and less hopeful. The brutal cost of that concentration…
President Donald Trump has put defense investors on notice, signaling that the era of easy cash returns from Pentagon contractors may be ending. His push to curb dividends and stock buybacks at major arms makers threatens a core pillar of the sector’s appeal to income-focused shareholders. If the policy hardens into a broad ban, many…
Every time markets convulse, investors rediscover the same hierarchy of safety. When fear spikes, capital still rushes first to gold, not to bitcoin or government bonds, because the metal has a track record of preserving purchasing power when other assets are repriced. The debate around digital assets and modern portfolios is loud, but the quiet…
Across NATO, approval of Washington’s leadership has slumped while views of Beijing improve, and that shift is reshaping how key allies balance their security and economic bets. A recent poll of NATO members found that Washington and Beijing now draw similar ratings, echoing the pattern seen during Trump’s earlier term as President. I see eight…
European money has long been one of the quiet pillars holding up U.S. equity valuations. Now that pillar is starting to shift, as President Donald Trump’s escalating trade threats against Europe collide with a broader “sell America” mood in global markets. The pullback is still measured rather than panicked, but the direction of travel is…
Gas is suddenly cheap again, and that is not just a feel‑good headline for drivers watching the pump slow down. With the national average around $2.81 a gallon, the lowest in years, households are quietly getting a multi‑billion‑dollar raise that can be redirected into savings, debt payoff, and investments that compound long after prices rise…
Washington is dangling a rare incentive in front of New Delhi: relief from a 25 per cent penalty tariff that has strained trade ties since President Trump’s sanctions on Russian oil. The signal comes just as India’s purchases of Russian crude have slumped to their lowest levels in years, forcing a rapid reweighting of its…