Category stocks

QQQ Outperforms VOO

QQQ returns 19.9% in the first half of the year The Invesco QQQ ETF has seen a 19.9% return in the first half of the year, more than doubling the Vanguard S&P 500 ETF's 9.5% return. The QQQ's strong performance can be attributed to its tech-sector concentration, wi

SpaceX, Alphabet, SK Hynix Set Records

SpaceX and Alphabet issue large public equity raises SpaceX and Alphabet have made history with large public equity raises. Alphabet issued $85 billion worth of stock, the largest public equity raise in Wall Street history. SpaceX outdid Alphabet with its i

Anthropic Faces Lawsuit Over AI Training

Authors sue Anthropic for $75 million Anthropic is facing a new lawsuit from authors who claim the company used pirated books to train its Claude AI. The lawsuit seeks $75 million in damages and claims that Anthropic copied books from pirate libraries without permissi

Coca-Cola Raises Dividend For 64th Year

Coca-Cola raises quarterly dividend to $0.53 per share Coca-Cola has increased its dividend payout for the 64th consecutive year, earning its title as a Dividend King. The company's quarterly dividend now stands at $0.53 per share. Coca-Cola is investing $650 mil

Regulators Target Tech Debt

Global regulators aim to curb tech borrowing Tech giants are borrowing aggressively to fund over $1 trillion in AI infrastructure. The Basel III Endgame reforms would force banks to hold more capital against tech loans, making AI financing costlier. The Bank for

Wealthy Retirees Face New Challenges

High-net-worth individuals risk losing savings due to taxes and lifestyle choices Retirees with $2 million in savings face challenges in preserving their wealth. Higher taxes and poor lifestyle choices can erode their savings. The 4% rule suggests that $2 million in

Mortgage Rates Rise Sharply

30-year fixed rate up 23 basis points to 6.40% Mortgage rates have increased significantly since last week. The current 30-year fixed rate rose by 23 basis points to 6.40%. The 15-year fixed increased by 11 basis points to 5.86%, and the 5/1 ARM rose by 43 basis point

CD Rates Reach 4.10% APY

Highest CD rate offered at 4.10% APY on 14-month term A certificate of deposit (CD) allows savers to lock in a competitive rate on their savings. Historically, longer-term CDs offered higher interest rates than shorter-term CDs. The highest CD rate is currently 4.10