A blockbuster outlook from chip darling Nvidia Corp. is providing a boost to tech stocks and lifting key equity indexes Thursday morning, adding to investor optimism about the AI cycle.
“His former lawyer is now holding the settlement funds, maintaining that he is entitled to attorney’s fees.”
Bitcoin has had a revival lately. Bernstein analysts think the cryptocurrency is headed for a new high of $300,000 by 2029.
“We are reluctant to pay a financial adviser 2% of assets — roughly $160,000 per year.”
Copper just hit a fresh record, while one ETF tracking the metal is up nearly 20% in August and on pace for its best month on record.
Real-estate giants Compass and Zillow are battling over control of home listings. Consumer advocates and industry experts warn that buyers and sellers could pay a price.
The metal’s small share of Western portfolios means even modest investor inflows could send prices higher.
We are back in Jackson Hole! And this year’s Federal Reserve Bank of Kansas City symposium on monetary policy marks the first under new Fed Chair Kevin Warsh, and Fed observers all over the world will be closely watching his Friday speech for signs of how he might further distinguish himself, and the institution, from the Powell era. This meeting at Jackson Hole also comes at a fascinating and tense time for monetary policy in the US and abroad: high bond yields, above-target inflation, and AI’s still unrealized effect on broader parts of the economy. We speak with Jeffrey Schmid, the president and CEO of the Kansas City Fed, about what to expect and he also shares his thoughts on the wave of baby boomer retirements and how it’s affecting the labor force, his recent FOMC votes, and he explains why this symposium is so focused on payments.
See Odd Lots Live in LA September 2026 https://events.bloombergevents.com/event/ODDLOTSLA/summary (Source: Bloomberg)
Moderna Inc. plans to raise $2 billion from selling notes that can be exchanged for shares, which it will use to invest in its cancer vaccine business and to repay debt.
