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(Bloomberg) -- This year’s stock market turbulence has punished ordinary investors. But for the wealthy, it’s opened up fresh opportunities to convert equity swings into tax breaks — fueling a growing Wall Street business that turns volatility into a financial advantage. Most Read from BloombergTrump Said He Fired the National Portrait Gallery Director. She’s Still There.NYC Mayoral Candidates All Agree on Building More Housing. But Where?Senator Calls for Closing Troubled ICE Detention Facility...
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Palo Alto Networks' Cortex XSIAM sees 200% ARR growth and $1B in bookings as it redefines SIEM with cloud-native, AI-powered tools...
Continue ReadingTesla's stock downgraded amid optimism around robotaxis and rising uncertainty over CEO Elon Musk's influence...
Continue ReadingApple (AAPL) unveiled the new Liquid Glass software redesign, its sweeping updates to its operating systems across devices, at WWDC 2025. IDC Research director of mobile devices and AR/VR, Ramon Llamas, joins Morning Brief to discuss the significance of the software refresh and the lack of artificial intelligence (AI)–related announcements, as well as what they signal about the iPhone maker's strategy. To watch more expert insights and analysis on the latest market action, check out more Morning Brief here...
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Investing.com -- Citi analysts maintained their Buy rating on Apple (NASDAQ:AAPL) in a note Tuesday, arguing the stock is "set up well" for 2026, primarily due to "a major revamp of its software designs across Apple platforms, new operating systems, and Apple Intelligence updates" showcased at the recent 2025 WWDC...
Continue ReadingTesla stock is charging higher for a third trading session in a row as the company's robotaxi rollout gains steam and the war between CEO Elon Musk and President Trump cools off...
Continue ReadingThe reviews are in for Apple's WWDC 2025 keynote presentation on Monday and they aren't good. And the news didn't help Apple stock...
Continue ReadingCantor Fitzgerald analyst Andres Sheppard believes Rocket Lab can benefit from discord between Elon Musk and President Donald Trump...
Continue ReadingSAN FRANCISCO (Reuters) -OpenAI plans to add Alphabet's Google cloud service to meet its growing needs for computing capacity, three sources told Reuters, marking a surprising collaboration between two prominent competitors in the artificial intelligence sector. The deal, which has been under discussion for a few months, was finalized in May, one of the sources added. It underscores how massive computing demands to train and deploy AI models are reshaping the competitive dynamics in AI, and marks OpenAI's latest move to diversify its compute sources beyond its major supporter Microsoft, including its high-profile Stargate data center project...
Continue ReadingSAN FRANCISCO (Reuters) -OpenAI plans to add Alphabet's Google cloud service to meet its growing needs for computing capacity, three sources told Reuters, marking a surprising collaboration between two prominent competitors in the artificial intelligence sector. The deal, which has been under discussion for a few months, was finalized in May, one of the sources added. It underscores how massive computing demands to train and deploy AI models are reshaping the competitive dynamics in AI, and marks OpenAI's latest move to diversify its compute sources beyond its major supporter Microsoft, including its high-profile Stargate data center project...
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