Intel cancels $5.4 billion tower deal without Chinese approval
(Bloomberg) — Intel is expected to cancel its planned $5.4 billion acquisition of Tower Semiconductor Ltd. With time running out to win regulatory approval, according to people familiar with the…
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China’s shadow bank has missed dozens of payments as risks mount
(Bloomberg) — Zhongrong International Trust has missed payments on dozens of products and has no immediate plan to get customers full, suggesting that problems at China’s beleaguered shadow bank are…
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Nvidia’s upcoming earnings could send the entire stock market higher as the AI frenzy continues on Wall Street
Nvidia CEO Jensen Huang.Kim Kulish/Corbis/Getty Images Nvidia reports earnings next week, and the chip maker’s results alone could swing the stock market. This is according to Gene Munster of Deepwater,…
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VinFast’s $65 Billion Valuation De-SPAC Overtakes Ford and General Motors
(Bloomberg) — VinFast Auto Ltd. has soared in its public start, outperforming its market value beyond General Motors Corp. and Ford Motor Co., as traders flipped shares of the electric…
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Warren Buffett bought 3 new shares – all of which the ITB ETF owns
Warren Buffett He is widely recognized as the greatest investor of all time, so when he buys new stocks, investors tend to pay attention. According to the latest 13F filing,…
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SE Equity: Sea Crash in a Quarterly Miss
Internet service company in Southeast Asia Sea Ltd. (SE) on Tuesday to its lowest level since November 2022 after reporting second-quarter revenue that fell short of analysts’ expectations. SE stock…
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J&J’s Kenvo deal may be very popular. What happens if it is.
font size Johnson & Johnson took consumer health company Kenvue public in May. Mark Ralston / Getty Images Johnson and Johnson ‘s $40 billion stock exchange offer Kinfu It is…
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The best ratios for withdrawing from your retirement account, according to Edward Jones
A couple looks at their retirement plan while sitting in their kitchen. One of the most important retirement decisions is choosing how much you want to withdraw from your savings….
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VinFast’s new EV stock begins trading today. It’s worth more than Ford, General Motors.
font size 2023 VinFast VF9. Courtesy of VinFast Investors still relish the appetite for electric vehicle startups backed by SPACs. Just look at the amazing debut of VinFast. The Vietnamese…
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Spot stock dips after CEO Roger Hochschild’s exit
Shares of Discover Financial fell more than 9% on Tuesday after the Riverwoods-Ill. Roger Hochschild is stepping down as CEO, effective immediately. The company said after markets closed Monday that…
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JNJ Kenvue exchange offer is almost here. What are you doing now.
font size Campus of Johnson & Johnson in Irvine, California. Mario Tama/Getty Images It is a difficult time for investors Johnson & Johnson who need to decide soon about participating…
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Inside a penthouse perched above Manhattan
Ask the Argentine American designer Sebastian Zuchwicki to describe his technique, and would instead describe the equation. “Design is like an algebra problem,” he says. “We have a powerful formula…
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FINRA makes it easier for state regulators to oppose the offering
Out of concerns that it was too easy for mediators to strike consumer disputes off its records, FINRA is adjusting its procedures. Client disputes and complaints are recorded from the…
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𝐀𝐧𝐨𝐭𝐡𝐞𝐫 𝐫𝐞𝐚𝐬𝐨𝐧 𝐭𝐨 𝐮𝐬𝐞 𝐚 𝐭𝐫𝐚𝐯𝐞𝐥 𝐚𝐠𝐞 𝐧𝐭 🏝️ • Both beaches are different in Cancun…
𝐀𝐧𝐨𝐭𝐡𝐞𝐫 𝐫𝐞𝐚𝐬𝐨𝐧 𝐭𝐨 𝐮𝐬𝐞 𝐚 𝐭𝐫𝐚𝐯𝐞𝐥 𝐚𝐠𝐞 𝐧𝐭 🏝️ • Both are different beaches in Cancun at the same time of year. • While beach and water quality is not…
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Jim Cramer believes that people who say AI is hype are “just kidding themselves”
2023 has been a strong year for US markets so far, with the S&P 500 (INDEX: .INX) up 17%. This has led tech giants like Apple company (NASDAQ: APPL), up…
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The debate over interest rates at the Fed is shifting
(Bloomberg) — As Federal Reserve officials near the end of their tightening campaign, the debate is shifting from how high interest rates need to be to how long they should…
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China is cutting the rate by the most since 2020 as economic woes worsen
(Bloomberg) — China’s central bank unexpectedly cut its key interest rate by the most since 2020 to prop up an economy that faces new risks from deteriorating real estate and…
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The future of the Hawaiian Electric Company is in doubt after the billion-dollar collapse
(Bloomberg) — The Hawaiian Electric Company, which supplies energy to nearly 95% of the state’s population, traces its roots back to 1891, just a decade after King Kalākaua met Thomas…
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Schwab says the TD Ameritrade deal is spurring retail and advisory attrition
(Bloomberg) — Charles Schwab Corp. said it is seeing temporary lower net inflows of client funds as the brokerage sees a drain on some of the assets of retail and…
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$138 billion from China’s shadow bank spirals into a terrible time for Xi
(Bloomberg) – Zhongzhi Enterprise Group Co., Ltd. In 1995 as a timber company, it has grown into a financial conglomerate with more than 1 trillion yuan ($138 billion) in management….
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The Pleasures of Life: Eating Chips Like I Were and Feeling Like the World Might End Then 🌎, but…
The pleasures of life: eating chips 🍟 like you would and feeling like the world might end later, but you’ll be happy 😀 right? 😅 We read it in the…
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Buffett’s Berkshire Hathaway unveils new homebuilding bets with stakes of DR Horton, Lennar and NVR
Warren Buffett’s Berkshire Hathaway (BRK-A, BRK-B) revealed new positions in three US homebuilders on Monday, sending shares of each firm higher as the billionaire bets on the US housing market….
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Inside Pierre Frey’s fresh and vibrant Parisian home
“I have the shortest flight ever,” Pierre Frey says of his daily routine. “It’s a few seconds, and that’s nice.” Indeed, door-to-door, that journey takes him from his sixth-floor apartment…
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