Micron could dethrone Nvidia and become the biggest driver of S&P 500 profit growth
Micron is increasingly important to the S&P 500, and its earnings report has become “a market event in and of itself.”
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Paramount agrees invest $1.5 billion in domestic movies as part of settlement to secure Warner Bros.
Movie studio Paramount on Monday agreed to settle an antitrust lawsuit filed by 12 states, the last big obstacle blocking the company’s $81 billion acquisition of Warner Bros. Discovery in a deal that would transform the movie industry landscape. In the settlement, which still needs to be approved by a judge, Paramount agreed to terms including…
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Just the Tip: Income, spending, and savings rate all matter, but net worth is the single number that shows whether you’re building financial security over time. It’s simply assets minus liabilities, and free personal finance dashboards connect to all your accounts and calculate it automatically. If it’s growing quarter over quarter, your financial life is…
AI Bust Will Look Like ‘Love Child’ of Dot-Com Crash, Financial Crisis
The AI boom marries dangerous elements of internet mania and the mid-2000s credit bubble, raising the specter of a financial catastrophe, Erik Gordon says. “The next crash will look like the love child of the dot-com crash and the Great Financial Crisis,” the entrepreneurship professor told Business Insider by email. Gordon, who teaches at the…
How self-centered shopping has made me happier with the things I buy
I’ve changed the way I shop over the past few years. And although the shift has been subtle, I’ve found that I’m much happier with the things I buy. In the past, my approach to shopping was simple. If I wanted a new thneed, I would go to a store (or, with the advent of…
Warsh guards a line the US Treasury has already crossed
“The communication strategy is driving a loss of Fed credibility,” said Eric Rosengren, former head of the Boston Fed. Not every respondent was critical. Jon Faust, a Johns Hopkins fellow who advised former chair Jay Powell, told the FT that Warsh has largely overcome fears he would defer to White House pressure and has not caused internal…
