Category stocks

Baby Boomers Hold $93 Trillion in Assets

Baby Boomers hold $93 trillion in assets, with top 10% considered upper class America's Baby Boomers have amassed $85 to $93 trillion in aggregate assets. The wealth is not evenly distributed, with 53% of peak boomers having less than $250,000 in assets. This wea

Chip Stocks Surge on AI Spending Wave

Teradyne's Q1 revenue jumps 87% to $1.28 billion Applied Materials raised its 2026 semiconductor equipment growth forecast to over 30%. This upward revision is driven by increasing demand for AI-related products. Onto Innovation's revenue hit a record $291.

Meta Enters Cloud Business

Meta's new cloud unit sparks CoreWeave stock drop Meta is forming a new business unit to sell excess AI cloud capacity. The company will sell both raw GPU computing capacity and remote access to its infrastructure. Meta had agreed to pay CoreWeave $21 billi

Wall Street Seeks AI Trade Catalyst

S&P 500 gains less than 1% as investors await earnings season The S&P 500 gained less than 1% last week, while the Nasdaq whipsawed back and forth, with semiconductors at the center of the trade. The AI trade is being closely watched, with analysts looking for signs t

Mortgage Rates Decline

30-year fixed rate falls to 6.44% The current 30-year fixed rate decreased by 3 basis points to 6.44%. The 15-year fixed rate fell by 9 basis points to 5.82%, and the 5/1 ARM decreased by 3 basis points to 6.43%. These rates are based on national averages a

CD Rates Reach 4.10% APY

Top CD rates offered on shorter terms around one year The highest CD rate is 4.10% APY, offered by Marcus by Goldman Sachs on its 14-month CD. This rate is among the best available today, with online banks and credit unions offering top CD rates. Investing

Janus Research Wins Army Contract

Janus Research wins $200M contract for research support Janus Research Group has secured a firm-fixed-price contract worth $200M for innovation facilitation and research support services. The contract has a total cumulative face value of $240M. Work locatio