Tax code permits self-directed IRAs to hold private assets, enabling accounts to grow far beyond annual contribution limits without violating rules. Mitt Romney’s individual retirement account reached up to $100 million while the annual contribution limit was $6,000, lever
McDonald's stock hovers near its 52-week low despite consistent global sales growth and rising profits. McDonald's (MCD) shares closed at $270.64, 21% below their 52-week high of $341.75 and just 4% above the yearly low. The stock now yields 2.7% in dividends, trading at 2
Financial planners recommend maintaining stock allocations in retirement portfolios to outpace inflation and preserve purchasing power. Retirement planning must account for inflation, which can erode savings over time even with modest annual increases. A 50% stock allocati
Downtown restaurant closures accelerate as remote work reduces foot traffic, cutting lunch spending in urban centers by nearly 30%. Boloco, a fast-casual chain known for burritos and bowls, will close its final location on September 25, 2026, ending its 29-year run. The sh
Amazon’s Q2 2026 net income soared 244% YoY to $62.6 billion, boosted by a $53.4 billion non-operating gain from Anthropic. Amazon’s stock jumped 15.32% to $271.58 after reporting Q2 2026 earnings, driven by $200.6 billion in revenue, up 20% YoY, and net income of $62.6 bi
Eli Lilly may reach $2 trillion market cap by 2031 Eli Lilly made history last year by becoming the first healthcare stock to hit a $1 trillion market cap. The company's revenue growth has been strong, driven by its GLP-1 products. Eli Lilly's tirzepatide is curr
AWS revenue jumped 37% in Q2, exceeding Wall Street’s 31% forecast and driving $16.6 billion in operating income. Amazon’s cloud division AWS reported 37% revenue growth in Q2, outpacing Wall Street’s 31% estimate. The segment generated $16.6 billion in operating income, a
CEO Tim Cook cites unprecedented memory price increases as Apple adjusts pricing amid supply constraints for iPhones and Macs. Apple reported Q3 2026 earnings per share of $2.02, beating the $1.89 estimate, while revenue reached $109.4 billion against a $108.8 billion fore
The memory chip firm exceeded its $411 million sales guidance as demand surges beyond 2026 expectations. Silicon Motion Technology (NASDAQ: SIMO) reported second-quarter revenue of $451 million, a 127% year-over-year increase and 32% sequential growth. The result surpassed
Vertiv's revenue falls short of expectations Vertiv's stock fell about 17% after the company reported revenue of $3.27 billion, missing the expected $3.38 billion. The company's adjusted earnings of $1.52 a share beat expectations of $1.43. The revenue miss was e
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