This Dividend King Is on Track to Join the $1 Trillion Club. Is It a Buy?

There are currently eight publicly traded companies with market caps of $1 trillion or more: Nvidia, Apple, Microsoft, Alphabet, Amazon, Meta Platforms, Tesla, and Berkshire Hathaway. Those stocks are highly renowned, and for good reason: They have made plenty of investors wealthy. However, none of them are particularly known as dividend stocks, and thus far … Read more

Australia dumps plan for fines for social media giants enabling misinformation By Reuters

SYDNEY (Reuters) – Australia’s government said on Sunday it had dropped plans to fine internet platforms up to 5% of their global revenue for failing to prevent the spread of misinformation online. The bill was part of a wide-ranging regulatory crackdown by Australia, where leaders have complained that foreign-domiciled tech platforms are overriding the country’s … Read more

COP29: Wealthy polluters to pay $300 billion a year

The world approved a bitterly negotiated climate deal Sunday committing wealthy historic polluters to $300 billion annually for poor and vulnerable nations that had demanded far more to confront the crisis of global warming. After two exhaustive weeks of chaotic bargaining and sleepless nights, nearly 200 nations banged through the contentious finance pact in the … Read more

The Top S&P 500 Stock of 2024 (So Far) Isn’t Nvidia. Here’s Where History Says the Soaring Stock Is Headed in 2025.

On Nov. 20, Nvidia reported financial results for its fiscal 2025 third quarter, showing stunning 94% year-over-year revenue growth. The business is absolutely booming, and so is the stock price. As of this writing, Nvidia stock is up close to 200% year to date. As impressive as those returns are for Nvidia, it’s not the … Read more

Block, Toast, FIS downgraded as BNP sees sluggish payment volume growth persisting (SQ:NYSE)

Nov. 23, 2024 4:20 PM ETBlock, Inc. (SQ) Stock, TOST Stock, FIS StockGPN, FI, CPAY, PYPL, PAGS, RPAY, PRTH, ADYEY, FOUR, PSFE, NATLBy: Max Gottlich, SA News Editor Tara Moore/DigitalVision via Getty Images Global digital payment volume growth has been underwhelming this year, and BNP Paribas sees another year of sluggish performance ahead, lowering its … Read more

Jay Bhattacharya is top candidate to be Trump’s pick for NIH director, WaPo reports By Reuters

(Reuters) -Jay Bhattacharya is now the presumptive favorite to be selected by President-elect Donald Trump as the next director of the National Institutes of Health (NIH), the Washington Post reported on Saturday, citing three people familiar with the matter. The Stanford-trained physician and economist met with Robert F. Kennedy Jr, Trump’s pick to lead HHS … Read more

This Company Will Be the Biggest Beneficiary of Super Micro Computer’s Problems

Furious investments in data centers are spurred by our growing need for data storage and processing power and the tremendous requirements of artificial intelligence (AI) programs. While some data centers are relatively small, others are larger than 100,000 square feet (often millions of square feet). Tech titans like Microsoft, Amazon, Alphabet, and Meta typically construct … Read more

Tesla, Rivian reach ‘conditional’ settlement in technology theft lawsuit: report

jetcityimage/iStock Editorial via Getty Images Tesla (NASDAQ:TSLA) has reached a “conditional” settlement with Rivian Automotive (NASDAQ:RIVN) over poaching employees to steal trade secrets, Bloomberg reported late Friday, citing court documents. According to the report, Tesla didn’t disclose specific details about the settlement in court