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On today's episode of Wealth!, host Brad Smith delves into the day's market trends (^DJI, ^IXIC, ^GSPC), sentiments after the Federal Reserve's interest rate policy decision on Wednesday, and the latest developments in US medical policies. Markets take center stage as the Fed announced its decision to maintain interest rates at their current levels, despite the highly anticipated dot plot hinting at the possibility of at least one rate cut before the year's end. Amid this uncertainty, Burns McKinney, the managing director of NFJ Investment Group, joins the show to provide guidance on where investors should allocate their funds. Shifting gears, the episode explores the Biden Administration's efforts to bring relief to those burdened by medical debt. Yahoo Finance's Anjalee Khemlani joins the discussion, breaking down the details of the proposed policy. To round out the show, Yahoo Finance contributor Ross Mac joins the conversation, offering investing strategies tailored specifically for new investors. This post was written by Angel Smith...
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It’s WWDC 2024 keynote time! Each year Apple kicks off its Worldwide Developers Conference with a few hours of just straight announcements, like the long-awaited Apple Intelligence and a makeover for smart AI assistant, Siri. We expected much of them to revolve around the company's artificial intelligence ambitions (and here), and Apple didn't disappoint. We also bring you news about Vision Pro and lots of feature refreshes. Here’s how to watch the archive of WWDC 2024. Developers should expect...
Continue ReadingChina warns that planned tariffs on electric vehicles from the EU will impact trade relations. Tesla considering raising prices of Model 3 in Europe...
Continue ReadingApple's new AI initiative is meant to get users to upgrade their phones sooner than later...
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Waymo recalls more than 600 self-driving vehicles for software, map updates after one strikes a pole
Waymo is recalling more than 600 self-driving vehicles after one of them struck a telephone pole in Arizona. The recall includes 672 vehicles, which is the entire fleet. The National Highway Traffic Safety Administration said in its report that last month a driverless Waymo vehicle hit a wooden utility pole in Phoenix, Arizona while it was in an alleyway and trying to perform a low-speed pullover maneuver...
Continue ReadingApple has turned to ChatGPT developer OpenAI as its first partner for equipping the iPhone with artificial intelligence. On the face of it, that looks like bad news for Google but there’s no reason for the search-engine company to panic. Microsoft -backed OpenAI will have a foothold on a vast number of consumer devices—where Alphabet Google has previously been the key outside provider for services such as search and maps...
Continue ReadingApple and Microsoft are competing in the AI space, with Apple emphasizing on-device AI and Microsoft focused on cloud-based AI. Read how these strategies work for each company...
Continue Reading(Bloomberg) -- Alphabet Inc.’s Google has partnered with a Nevada utility and a geothermal energy startup to run data centers on electricity derived from the earth’s own heat. Most Read from BloombergWells Fargo Fires Over a Dozen for ‘Simulation of Keyboard Activity’Apple to ‘Pay’ OpenAI for ChatGPT Through Distribution, Not CashHunter Biden Was Convicted. His Dad’s Reaction Was Remarkable.US Producer Prices Surprise With Biggest Decline Since OctoberGavin Newsom Wants to Curb a Labor Law That...
Continue ReadingAlphabet is a blue chip stock that attracts a ton of passive index-investing money. Check out the reasons why I rate GOOG stock a hold...
Continue ReadingNextEra Energy (NEE) is a compelling investment with strong market position and growth potential amidst the AI renaissance. Read more here...
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