Big Tech’s AI Spending Looked Like a Red Flag. Now, Investors See Something Else

The Magnificent 7 trade is surging back.

The Magnificent 7 trade is surging back.
Jim Cramer said Thursday that “something’s wrong” at Costco , and he plans to get to the bottom of it one way or another. Costco’s slightly better-than-expected August same-store sales, or comps in retail-speak, reinforced a growing concern of Jim and other investors: The company’s execution needs to be perfect to maintain the stock’s lofty…
Donald Trump didn’t become one of the world’s most recognizable businessmen by worrying too much about keeping everyone happy. What Trump wants, Trump tends to pursue, consequences be damned. But his administration’s new AI task force may require a different touch. Co-chaired by director of national intelligence Jay Clayton, Office of Personnel Management director Scott…
News Published: Sunday, October 4, 2026, 9:09 [IST] Ajay Devgn’s Drishyam 3 has continued to gain traction over the weekend, racing to hit Rs 200 crore club. The trilogy of the Drishyam series has also become the Bollywood star’s biggest opener of over Rs 95 crore globally on Day 1. Drishyam 3 is moving towards…
Key insight: Find out how artificial intelligence transformed the ethical landscape for global accounting professionals. What’s at stake: Accountants risk losing professional judgment, accountability, and public trust as technological pressures mount. Supporting data: 61% of surveyed professionals identified one primary issue as their leading ethical challenge. A comfortable majority of accountants agree that artificial intelligence…
milan2099 / iStock.com Commitment to Our Readers GOBankingRates’ editorial team is committed to bringing you unbiased reviews and information. We use data-driven methodologies to evaluate financial products and services – our reviews and ratings are not influenced by advertisers. You can read more about our editorial guidelines and our products and services review methodology. 20…
“For today’s collectors, owning luxury items is both a way to express themselves and a smart financial move,” said Amy McNeece, Head of Digital Consumer, Personal Risk Services at Chubb, which commissioned the research. “They buy with an eye on future value, but our research shows many still overlook the insurance protection needed to safeguard…