Nvidia sells entire AI systems, not just chips Nvidia is changing its business model to sell complete artificial intelligence systems, rather than individual components. The company has spent years building a comprehensive ecosystem for AI, including GPUs, CPUs, an
AI enthusiasm may collide with reality soon The QQQ surged 40% and SPY climbed 27% over the past year, driven by AI enthusiasm. This growth has been accompanied by a rise in bond yields, which could threaten the Fed's easing path. The market is on its longe
SpaceX posts $19 billion revenue, $5 billion net loss SpaceX is pitching investors on a record $75 billion public offering, despite posting a net loss of nearly $5 billion in 2025. The company generated nearly $19 billion in revenue in 2025, with a significant busines
NYC bar offers free tabs if Knicks win A Manhattan bar owner used a prediction market to hedge a promotion offering free tabs up to $100 if the Knicks won Game 1. The bar had previously offered a discount based on the Knicks' score, which resulted in a $4,000 loss whe
Fixed mortgage rates rose by up to 13 basis points Fixed mortgage rates have increased compared to yesterday. The 30-year fixed rate rose by 5 basis points to 6.38%, while the 20-year fixed rate increased by 13 basis points to 6.39%.
Savings account rates hit 4.1% APY today The national average savings account rate stands at 0.38%. Some top accounts are currently offering 4% APY and up. Today, the highest savings account rate available is 4.1% APY, offered by Bask Bank. A $1,000 savings a
Top CD rates offered on shorter terms The highest CD rate is 4% 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 competitive rates. Investing $1,000 in a on
Top accounts offer over 4% APY The national average money market account rate stands at 0.57%. Some top accounts are currently offering over 4% APY. The highest rate of 4.01% APY is offered by TotalBank Online Money Market Deposit Account, requiring a $2,500 minimu
NASDAQ index plunges 4.18% after strong US employment report The US stock market declined sharply on Friday, with the NASDAQ index tumbling 4.18% and the S&P 500 falling 2.65%. The decline was triggered by a stronger-than-expected US employment report, which showed no
CrowdStrike and Palo Alto Networks shares decline CrowdStrike and Palo Alto Networks lost 8% and 3% respectively after earnings. The introduction of Anthropic's Mythos model had boosted shares of both companies over 70% between April and May. Mythos is deemed too
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