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I added Ares Capital and Chevron to the Dividend Income Accelerator Portfolio. Click here to know why and read more on the portfolio...
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The major indexes reversed lower from earlier gains after the U.S. and China trade war saw new moves...
Continue ReadingMacKenzie Scott Dumps $12.5 B in Amazon Stock, Bezos Still Rules the Empire...
Continue ReadingThe Instagram parent will spend more than $1.5 billion on the new facility, which is being built in El Paso, Texas, the company said in a blog post Wednesday. The data center will eventually have 1 gigawatt of capacity to power high-end computing chips for AI-related projects, according to the post. Meta has been spending aggressively on AI infrastructure and talent alongside rivals like OpenAI and Alphabet Inc.’s Google, all of which are developing top-of-the-line AI models...
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Tech stocks were higher Wednesday afternoon, with the Technology Select Sector SPDR Fund (XLK) up 0...
Continue ReadingBy Echo Wang NEW YORK (Reuters) -Meta Platforms said on Wednesday it would invest $1.5 billion in a data center in Texas, breaking ground at its 29th such facility globally, as the social media giant...
Continue ReadingThe bull market in stocks, now entering its fourth year, has a host of tailwinds behind it, but the renewed risk of a trade war between Washington and Beijing is likely to linger over investor sentiment for the next several months. President Donald Trump’s latest salvo in the reheated spat between the U.S. and China, delivered during the final minutes of Tuesday’s trading session and focused curiously on cooking oil, snuffed out a solid market rally and dragged all three major indexes into the red by the time the closing bell sounded. Last week’s record-setting rally was also stopped dead in its tracks when the president threatened an additional 100% tariff on China-made goods in retaliation for Beijing’s decision to limit the export of rare-earth elements that are critical to the U.S. tech sector...
Continue ReadingSHOP's surging merchant base, AI-driven tools and expanding global reach fuel strong growth, even as the stock trades at a premium...
Continue ReadingViven's seed funding was led by Khosla Ventures and Foundation Capital...
Continue Reading(Reuters) -Artificial intelligence startup Anthropic is projecting to more than double and potentially nearly triple its annualized revenue run rate next year, fueled by the rapid adoption of its enterprise products, according to two people familiar with the matter. The company is on track to meet an internal goal of $9 billion in annual revenue run rate - a calculation of annual revenue extrapolated from the current sales pace - by the end of 2025, the people said. For 2026, Anthropic has set even more aggressive targets: a base case of more than doubling to $20 billion in annualized revenue and a best case of as much as $26 billion, the people said, requesting anonymity to discuss private figures...
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