Investors eye the Vanguard S&P 500 ETF amid divided Fed projections ahead of its late-July meeting. The Federal Reserve’s July 28-29 meeting has sparked uncertainty, with half of its voting members favoring a year-end rate hike and the other half opposed. New chair Kevin W
Blue chips outperform as Nasdaq undercuts key level The US stock market ended mixed on Friday, with several blue chips in the Dow Jones index outperforming. The Nasdaq undercut a key level, while memory and chip stocks took heat. Tensions between the US and
Jamie Dimon says stock valuations are too high Jamie Dimon, JPMorgan Chase CEO, expressed concerns about high stock valuations. Dimon's comments come as the S&P 500 has seen significant growth. Despite Dimon's concerns, investors are advised to maintain a l
DIY divorce can lead to unfair agreements and financial losses A judge rejected a DIY divorce after 30 years of marriage due to unfair terms. The couple had agreed to terms that the judge did not think were equitable, given their 30-plus years of marriage and signific
Netflix spends $5 billion on stock buybacks Netflix is on pace for its most profitable year ever, with the company spending nearly $5 billion on stock buybacks. The company's management reloaded its buyback authorization to $27 billion. Netflix expects revenue
Stablecoin market may grow from $1 trillion to tens of trillions Circle CEO Jeremy Allaire forecasts significant growth in the stablecoin market, potentially reaching tens of trillions of dollars. The company's USD Coin is the world's second-largest stablecoin and the
ServiceNow reports $3.877 billion in subscription revenue ServiceNow reported second-quarter results, beating estimates on revenue, earnings, and bookings. Subscription revenue rose 24.5% year over year to $3.877 billion. The company's shares had fallen close to 50%
Cincinnati Financial increases dividend for 65 consecutive years Cincinnati Financial has increased its dividend for 65 straight years, a rare feat. The company has $32 billion in total investments, with nearly 40% in equities. This aggressive investment portfoli
Energy Transfer's 6.5% yield is outweighed by business complexity Energy Transfer has a distribution yield of 6.5%, higher than peers like Enterprise Products Partners and Enbridge. The company's yield is supported by its midstream energy assets, but its business is m
ICE can search personal credit card data without a warrant U.S. Immigration and Customs Enforcement (ICE) has access to personal credit card data through a $125 million deal with Thomson Reuters. The data is collected by credit card companies and shared with credit bu
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