How the ‘AI put’ has become the only thing that matters for stocks
While investors worry a spike in global bond yields will trigger a selloff in U.S. equities, strategists at BofA Global Research say the real threat lies elsewhere.
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Accounting staff departures can lead to financial reporting turmoil
Rapid turnover among accounting employees could be a sign of future financial reporting problems, according to a new study. Processing Content The study, from researchers at the University at Buffalo School of Management, found that the churn of accounting employees was a predictor of subsequent financial reporting problems. The connection was strongest at companies with…
How delayed gratification can make achieving goals faster
Each week, Vera Vaslova makes herself wait until Friday to enjoy her favorite iced coffee. “And that makes me disgustingly productive,” she says in a video she posted on TikTok. “Getting coffee out is one of my favorite things in this entire world, but I only let myself do it on Friday morning so that…
Why CoreWeave Stock Gained 18% in August
Shares of CoreWeave (CRWV -3.58%), the volatile neocloud stock, notched an 18% gain in August, according to data from S&P Global Market Intelligence. During the month, CoreWeave benefited from improving sentiment toward AI stocks as well as a better-than-expected second-quarter earnings report. Generally strong results from hyperscalers and other AI stocks helped lift the sector….
FINRA Bars Former LPL Rep Over Client Fund Theft
Regulators have barred a former LPL Financial registered representative, alleging he took over $1.7 million from two customers’ accounts and placed it in an outside bank account he controlled. FINRA alleged that between July 2023 and August 2025, Rudy Anguiano transferred funds from the LPL accounts into the bank account of a limited liability company…
Reddit joins the S&P 500, forcing index funds to buy nearly US$3 billion in shares
Reddit posted net income of US$253 million on revenue of US$805 million, up 61 percent year over year. Those results also fed investor unease about the company’s dependence on Google for traffic. Steve Huffman, Reddit’s chief executive, told analysts that “search referrals were choppy,” CNBC reported, and attributed the volatility to Google’s expanding, Gemini-powered AI Overviews. Analysts are…
Big six bank puts its own capital behind keeping Canada’s top tech builders at home
Canada has produced entrepreneurs and tech talent who want to build global companies at home for decades, according to McKay, “but when they’re ready to scale, too often they get pulled elsewhere.” Sid Paquette, head of RBCx, will lead the fund. RBCx is RBC’s technology and innovation arm, and the bank said it has already drawn significant interest in the…
