J.P. Morgan forecasts 7% return for 60/40 portfolios through 2041

Key Points Hyperscalers are raising their capital expenditure budgets as prices for DRAM and high-bandwidth memory explode. Rising memory and storage prices are cutting into free cash flows and eroding gross margins for big tech. Memory makers Micron and Sandisk are benefiting enormously from the AI supercycle. 10 stocks we like better than Micron Technology…

Key insight: CIBC’s most tariff-sensitive loans amount to a tiny fraction of its overall loan portfolio, according to Chief Credit Officer Frank Guse. Supporting data: The net interest margin for the Canadian bank’s U.S. operations dipped by 14 basis points to 3.76%, due in part to stronger credit quality. Expert quote: “Loans are getting repriced…

Since taking the reins at Berkshire Hathaway (BRKA +0.21%) (BRKB +0.31%), Greg Abel has been busy reshaping the conglomerate’s stock portfolio. He trimmed the enormous Apple stake, built a large position in Alphabet, and closed out more than a dozen smaller holdings. Yet one corner of the empire he has left almost entirely alone is energy. Coming…

Meetings showed “a range of views” among Governing Council members about the economy’s resilience, the Bank revealed, with growing concern about the possibility of rising oil costs impacting prices elsewhere. “The longer oil prices remain elevated, the bigger the risk that their inflationary effects broaden,” the Bank said. Members emphasized they “would not let higher…

A condominium community in Dania Beach, Fla., has traded for $27.3 million in a deed-in-lieu of foreclosure, which is nearly $10 million less than its previous sale price, buyer Prestige Companies said Thursday. Prestige Companies and MV Real Estate Holdings are the new owners of Atlantica at Dania Beach at 624 Northeast Second Street. The…