[ad_1] US stocks gained steam on Thursday afternoon as investors digested megacap tech earnings and waited for Apple (AAPL) results for more clues on prospects for Big Tech. The S&P 500 (^GSPC) gained 0.5%, while the Dow Jones Industrial Average (^DJI) rose nearly 0.4%. The tech-heavy Nasdaq Composite (^IXIC) was up nearly 0.3%. Right ahead of the closing bell, President Donald Trump once again teased looming 25% tariffs on Mexico and Canada. The US dollar (DX=F) index spiked on the news, reversing earlier losses to close near flat. After the Federal Reserve stood pat on interest rates as expected, investors…
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[ad_1] A new casino slated to open in the heart of downtown Chicago is being accused of violating U.S. civil rights laws by allegedly preventing White men from investing in the project — a move that has prompted a lawsuit.Bally’s Chicago is a $1.7-billion dollar casino and resort slated to open in the Windy City’s River West neighborhood in 2026. The expansive complex is projected to be Illinois’ biggest casino, boasting a 500-room hotel tower with a rooftop bar, a riverwalk, thousands of slot machines and a 3,000-seat theater. Bally’s will be the city’s first casino; its bid was selected…
[ad_1] OpenAI is in talks for an investment round that would value the AI startup at up to $340 billion, the Wall Street Journal reported on Thursday. [ad_2] Source link
[ad_1] After a storm of technology news and earnings this week, D.A. Davidson’s Gil Luria suggests ways to play key names in the sector. The firm’s head of technology research joined CNBC’s “Three-Stock Lunch” segment on Thursday to break down his views on Microsoft , Apple and Nvidia . Microsoft and Apple are reporting results this week, and Nvidia suffered its worst day in almost five years and a history-making loss in market value on Monday, unrelated to earnings results. Apple Apple is the only one of the three that Luria rates buy. The iPhone maker reports earnings for its…
[ad_1] By Fergal Smith TORONTO – The Canadian dollar steadied against its U.S. counterpart on Thursday and bond yields fell as the European Central Bank cut interest rates as expected and investors weighed a possible signal that Canada could avoid U.S. trade tariffs. The loonie was trading nearly unchanged at 1.4415 to the U.S. dollar, or 69.37 U.S. cents, after moving in a range of 1.4393 to 1.4436. Last week, the currency touched a near five-year low at 1.4515, while it has lost about 6% since the beginning of October. “Currency markets are steadying this morning after several central bank…
[ad_1] October 14, 2024: SpaceX’s Falcon Heavy is seen from the roof of NASA’s Vehicle Assembly Building launching the Europa Clipper spacecraft at 12:06 P.M. Credit: Brandon Moser/Central Florida Public Media SmartAsset and Yahoo Finance LLC may earn commission or revenue through links in the content below. Most individual investors cannot invest in private companies that have issued shares of stock without registering the shares with the Securities and Exchange Commission. The exception is someone who meets the income, net worth or financial sophistication requirements to be an accredited investor. Many financial advisors qualify as accredited investors because of their…
[ad_1] The investment comes as part of a broader $600 million investment from the company in facilities across the United States. [ad_2] Source link
[ad_1] The Big Ten Conference is taking preliminary bids from private equity firms despite past comments from commissioner Tony Petitti questioning the upside of involving institutional capital in college sports. According to multiple people familiar with the situation, the conference previously retained investment bank Evercore, which solicited a first round of indicative offers from PE firms this week, just before a key deadline in the House v. NCAA antitrust lawsuit that could fundamentally change the economics of intercollegiate athletics. “To better support its 18 member institutions, the conference is evaluating potential strategic partnerships in order to enhance the conference’s event,…
[ad_1] Investors may want to capitalize on what Treasury bonds and gold can offer this year, experts say. Getty Images Safe-haven investments have drawn renewed attention recently as investors seek shelter from economic turbulence. One prime example is gold. The price of gold per ounce soared past $2,700 in October as inflation and other economic concerns drove demand, while Treasury bonds began offering their highest returns in years.With both options demonstrating strength, you may wonder which makes more sense right now. We asked three investment experts to weigh in on this. Their insights reveal why the answer might not be…
[ad_1] The advisor and economist is waiting “until the dust settles” before changing investment themes. [ad_2] Source link