Required minimum distributions from retirement accounts could increase taxable income, potentially reducing Social Security benefits for some retirees. Retirees aged 73 and older must withdraw required minimum distributions (RMDs) from tax-deferred retirement accounts in 2
Broadcom's AI chip revenue more than doubled year over year Broadcom's total revenue rose by 29% year over year to $19.3 billion in its fiscal first quarter of 2026. The company's AI semiconductor revenue more than doubled year over year to $8.4 billion. Broadcom
A former Credit Suisse executive says bitcoin has ended its longest underperformance streak against the S&P 500 and may rally as inflation persists. Bitcoin has exited its longest period of underperformance against the S&P 500, lasting 142 days until early May, according t
Norway increases fossil fuel production to offset supply disruptions, positioning itself as a key energy supplier to Europe. Norway has significantly increased its oil and gas production in recent weeks to address supply gaps caused by the closure of the Strait of Hormuz a
The sale, executed under a Rule 10b5-1 plan, reduces the executive’s direct holdings to 250,772 shares valued at $8.22 million. Teradata Corporation’s Chief Product Officer Sumeet Arora sold 15,000 shares in an open-market transaction on May 19, 2026, generating approximat
Alphabet, Apple, and another holding account for 37.4% of Berkshire’s $330 billion equity portfolio amid AI integration. Berkshire Hathaway’s $330 billion stock portfolio has 37.4%, or $123 billion, allocated to three companies leveraging artificial intelligence. The holdi
SBUX reports 6% global comp sales growth, $0.50 EPS, and $9.5 billion revenue, signaling consumer resilience in dining. Starbucks reported second-quarter fiscal 2026 earnings per share of $0.50, up 22% year-over-year, alongside $9.5 billion in revenue, an 8% increase. Glob
Oil prices may remain elevated until 2027 ExxonMobil CEO warns that the market is not fully recognizing the supply disruption from the Middle East conflict. The conflict's impact on energy markets could take a long time to normalize. Devon Energy and Diamon
Uber’s indicative offer values Delivery Hero at €1.7 billion, 1.76% below its latest closing price. Uber Technologies has made an indicative offer of €33 per share to acquire Delivery Hero SE, the Berlin-based food delivery company. The bid, disclosed in a regulatory filin
Paul Tudor Jones disclosed $8 billion in options tied to the Russell 2000, signaling expectations for major small-cap moves. Tudor Investment Corp. revealed an $8 billion options position in the iShares Russell 2000 ETF (IWM) for the first quarter. The trade includes a $5.
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