Monday was a rough day on Wall Street as the Nasdaq plummeted, leading a seismic stock sell-off. Investors are antsy, spooked by a hotshot Chinese upstart making waves in the highly competitive AI market. Yeah, I’m talking about DeepSeek, which has everyone rethinking their faith in US dominance and big profits from AI. Even Nvidia […]
Riding the AI Wave: Where New York Smarts are Betting Big Forget waiting for flying cars or a breakfast-in-bed robot — artificial intelligence is here, now, and it’s got investors buzzing like a ticker tape parade. The big brains over at IDC say we’ll be throwing a casual $337 billion at AI by 2025. And […]
When it comes to fresh chatter for investors, The Leuthold Group has just dropped a conversation starter: the Leuthold Select Industries ETF, ticker symbol LST. Forget dining with your favorite city’s typical sector hype. This is a curated gourmet experience where industry groups, roughly 120, get all the spotlight. They’re handpicking these industries and betting […]
Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world Just another day in the frenetic underbelly of high finance as U.S. stocks nudged upwards and currency markets turned into a seesaw after Donald Trump took the presidential oath. Now, while you might […]
As a quintessential New Yorker might say, there’s a storm brewing in the financial district. The big shots are lining up to file crypto ETFs, just as Gary Gensler, the head honcho at the SEC, is packing his bags. Financial titans like Tidal Financial Group, ProShares, CoinShares and VanEck are jumping in, sensing the winds […]
Pure Cycle Corporation: On the Fast Track In the realm of water supply, Pure Cycle Corporation is making waves. Nestled in Watkins, Colorado, they’ve got a market value strutting at $278 million, and their 74% gross profit margin? Simply remarkable. The company recently hosted its annual shareholder showdown on January 15, 2025, with a gathering […]
Therapeutic mainstays like oncology and neuroscience have hogged the spotlight lately. With flashy billion-dollar acquisitions and groundbreaking drugs for diseases like Alzheimer’s and various cancers, who could look away? Big players like Johnson & Johnson haven’t been shy, forking over a hefty sum of $14.6 billion for neuropsychiatric leader Intra-Cellular Therapies. But wait, 2025 might […]
Here’s the inside scoop straight from the bustling streets of NYC, where finance news gets sliced, diced, and served with a side of attitude. Pull up a chair and scoop up some insights from GLOBALT Investments’ main money whisperer, Thomas Martin. Yeah, he’s got the lowdown on what’s hot this earnings season. And by hot, […]
In the grand symphony of investments, McDonald’s continues to play a golden tune. McDonald’s (MCD -1.60%), with its unmistakable golden arches, is often trusted by investors for the long haul. Yet, despite its reputation, the stock has been stagnant over the last year, surprisingly flat while the S&P 500 has climbed nearly 24%. It’s a […]
Cryptocurrency is no longer the mysterious buzzword echoing through tech circles or Wall Street. It’s warming its way into living rooms, thanks in no small part to the nod it received from the big man himself—Donald Trump—during the rambunctious 2024 election. Now everyone, including financial advisors, are taking crypto seriously, and a new survey confirms […]
