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Why I Can’t Stop Buying This Cash-rich Stock after a Massive $145 Billion AI Shift

Quick Read - META stock is down 10% year-to-date yet generated $46 billion in free cash flow while returning $32 billion to shareholders. - Reality Labs lost $19 billion in 2025, but the ad flywheel serving 3.56 billion users fully self-funds Meta's AI buildout. - Act now: the...

  • mohammad501ps@gmail.com
  • June 16, 2026
  • forex

RBA Holds Rates Steady but AUD Rises on Hawkish Tone Ahead of Fed

The Reserve Bank of Australia maintains rates but signals potential tightening, lifting AUD/USD to 0.7070 as traders await US policy cues. The Australian Dollar climbed against the US Dollar after the Reserve Bank of Australia kept its cash rate unchanged at 4.35% but adop

  • mohammad501ps@gmail.com
  • June 16, 2026
  • stocks

Attention Retirees: This 51-year Dividend Aristocrat is Secretly Riding a Multi-billion Dollar Cash Wave

Attention Retirees: This 51-Year Dividend Aristocrat Is Secretly Riding a Multi-Billion Dollar Cash Wave Quick Read - ADP stock fell 25% over the past year, yet its dividend jumped 10.4% to $6.80 annually, extending a 51-consecutive-year streak of increases. - CFO Peter Hadley...

  • mohammad501ps@gmail.com
  • June 16, 2026
  • politics

US Housing Starts Drop to Six-Year Low as Mortgage Rates Weigh

Single-family homebuilding fell 1.9% in May to the lowest level since September, signaling continued weakness in residential investment. U.S. housing starts slumped to a six-year low in May, driven by a 1.9% decline in single-family homebuilding to an annual rate of 882,00

  • mohammad501ps@gmail.com
  • June 16, 2026
  • stocks

S&P 500 Inclusion Boosted Lumentum Holdings (lite)

In its first-quarter 2026 investor letter, Columbia Global Technology Growth Fund highlighted Lumentum Holdings Inc. (NASDAQ:LITE). Lumentum Holdings Inc. (NASDAQ:LITE) is a leading technology company that manufactures and sells optical and photonic products On June

  • mohammad501ps@gmail.com
  • June 16, 2026
  • stocks

Down More Than 20% from Its High, is Broadcom Stock a Buy?

When a stock dips in value, it can be a good opportunity to buy it at a reduced price. But that's only if you expect it to bounce back In many cases, it can be the start of a prolonged decline. That's why it's always important to consider the context and to understa

  • mohammad501ps@gmail.com
  • June 16, 2026
  • bonds

Medicare Surcharges Add 32% Tax on $50,000 Roth IRA Conversions

A $50,000 Roth conversion can trigger $16,047 in combined federal, state, and Medicare surcharges for high-income retirees. A $50,000 Roth IRA conversion may incur $16,047 in additional costs for couples near Medicare’s income-related monthly adjustment amount (IRMAA) thre

  • mohammad501ps@gmail.com
  • June 16, 2026
  • crypto

Ethereum Developers Begin Final Testing Phase for Glamsterdam Upgrade

The network’s largest protocol overhaul since the Merge enters its last development stage ahead of a late-2024 rollout. Ethereum developers have initiated the final testing phase for Glamsterdam, the network’s most significant upgrade in years. Teams are running closed dev

  • mohammad501ps@gmail.com
  • June 16, 2026
  • stocks

SpaceX Kicks Off AI Buying Spree With $60 Billion Cursor Deal

SpaceX acquires AI coding platform Cursor for $60 billion, signaling a broader push into semiconductor and AI infrastructure. SpaceX announced a $60 billion acquisition of Cursor, the AI coding platform, marking the start of an aggressive AI-focused acquisition strategy. T

  • mohammad501ps@gmail.com
  • June 16, 2026
  • stocks

Strong Results Lifted Applied Materials (amat) in Q1

In its first-quarter 2026 investor letter, Columbia Global Technology Growth Fund highlighted Applied Materials, Inc. (NASDAQ:AMAT) as a leading contributor. Applied Materials, Inc. (NASDAQ:AMAT) is a leading supplier of materials engineering solutions, equipment, services

  • mohammad501ps@gmail.com
  • June 16, 2026
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