ServiceNow's (NOW) innovative AI-powered portfolio, strong partner base and robust free cash flow generating ability make it an attractive pick...
Continue ReadingThe S&P 500 is near all-time high with tech-heavy companies leading returns, while Dow Jones lags behind. Explore more details here...
Continue ReadingAmazon's Prime Day 2024 will be taking place over two days in mid-July, offering deals in 23 countries, the company said Tuesday...
Continue ReadingSector Update: Consumer Stocks Retreat Tuesday Afternoon...
Continue ReadingDriverless vehicles are expected to drive commercial success for automakers even as regulatory scrutiny remains tight amid concerns of investors about growing investments in the nascent technology. Waymo had started a test service with its research-focused program in San Francisco in 2021, which included an autonomous specialist on board for all rides at that time, as it looked to commercialize the technology. The company said that about 300,000 people had signed up to ride with Waymo since it first opened a waitlist in the city, signaling strong demand...
Continue ReadingOn today's episode of Wealth!, Host Brad Smith breaks down key personal finance tips, from mortgage rate hacks to saving for retirement and planning your summer vacation. Home prices in the 20 largest US cities have surged by an average of 7.2% year over year, according to recent Case-Shiller data. Structured Finance Association CEO Michael Bright advises homebuyers to "shop around" and build relationships with brokers to potentially "get a loan at a lower rate than you otherwise would." Yahoo Finance's Personal Finance Editor Molly Moorhead also emphasizes the impact of making just one extra mortgage payment each year in saving homeowners money in the long run. US Consumer confidence declined in June, with the index falling to 100.4, signaling growing economic concerns among American consumers. As cost-conscious consumers increasingly seek deals, McDonald's (MCD) has joined the ranks of fast food chains adapting to economic pressures by introducing a new value meal option. Starting June 25, the global fast food giant will add a $5 value meal to its menu. Citi Senior Global Economist Robert Sockin explains that despite these value meals, "the bigger problem is that you've had large gains in food prices over this cycle. And really, it's taking time for people to adjust to these much higher prices. And as I've noted, as we've got income gains that real purchasing power has improved and is likely to continue to improve given that food inflation is still running at relatively low levels. " 59% of employees who are not saving for retirement believe they are, according to Principal Financial Group. IRAHelp.com Founder and CPA Ed Slott explains why now is a great time to save for retirement: "Everybody thinks inflation is bad, and I get that because things cost more. But when it comes to taxes, inflation is great because tax brackets expand too. So more money can come out at lower rates. And the other opportunity now is the low rates... We have historic low tax rates now. So the key to anybody saving for retirement is if you have an IRA, a 401(k), remember those accounts are loaded with taxes. The only way you can get to that money is by paying taxes. So if you can get that money out now, because I'm worried about future higher taxes, we have debt limits, the laws may be changing, so anybody stockpiling money in an IRA or 401(k) should be taking action." Finally, as the summer travel season heats up, Yahoo Finance's Kerry Hannon breaks down how you can still find a deal. She believes the key to summer travel is being flexible: "If you can travel the last two weeks of August, that's going to be a good time. And it gives you time to book it right now and get some of the best advantages of that time gap in order to nail down some of these good rates." She notes that skipping popular destinations is also preferable, explaining, "Hotel prices are up about 10% particularly in the crowded cities. So I encourage people, maybe skip Paris, go to Lyon, skip Dublin, go to Cork." This post was written by Melanie Riehl...
Continue ReadingTesla is recalling its Cybertruck. The electric carmaker issued two recalls for more than 11,000 of its futuristic-looking trucks over issues with the trunk and the windshield wiper, according to filings with the National Highway Traffic Safety Administration. Tesla had two recalls earlier this year...
Continue ReadingEuropean regulators hit Microsoft with a new antitrust charge one day after the same regulatory body charged Apple with violating EU competition law...
Continue ReadingAI is advancing so quickly that the World Economic Forum reports the computational power required to sustain AIâs rise doubles roughly every 100 days. Click to read...
Continue ReadingTesla announced another recall for its Cybertruck, its fourth since its release in late last year, but within the recall notice is an interesting nugget on how many Cybertrucks are actually out in the wild...
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