Author: Daniel snow
U.S. dollar banknote and decreasing stock graph are seen in this illustration taken April 25, 2025. Dado Ruvic | ReutersFresh off its worst performance since Richard Nixon was president, the U.S. dollar faces a variety of headwinds heading into the second half of the year that could have important investing implications.The greenback tumbled 10.7% against its global peers through June, making it the worst first half since 1973, back when Nixon broke the Bretton Woods gold standard. At its bottom, the currency hit its lowest point since February 2022.The path ahead may not look much brighter.That’s because many of the…
This simple ritual keeps our team aligned, informed, and connected, no matter what’s happening in the world. Source link
CoreWeave CEO Michael Intrator, left, testifies before the Senate Committee on Commerce, Science and Transportation in Washington on May 8, 2025.Chip Somodevilla | Getty ImagesArtificial intelligence-oriented cloud infrastructure company CoreWeave said Monday it will acquire Core Scientific, a data center infrastructure provider, in an all-stock deal valued at approximately $9 billion.CoreWeave stock was down about 2% in trading on Monday afternoon, while Core Scientific stock was about 16% lower. Shares of both companies rallied at the end of June after the Wall Street Journal reported that talks were underway for an acquisition.”I think that, like many things that we do,…
Prepare to do the work and make real changes, while avoiding platitudes. Source link
A Citi analyst sees Nvidia’s stock rising another 20% as the AI opportunity swells further, but he notes the risk of potential new geopolitical restrictions ahead. Source link
The 96-hour sale event runs this year from July 8 through 11. Source link
Tesla’s stock is down because Elon Musk announced a new party. It should be up. Source link
The budget airline’s controversial policy changes are more of a hit with employees than consumers—but they’re still projected to drive sales. Source link
Netflix’s stock slipped after a downgrade at Seaport Research, which believes the it has already priced in growth that could be years down the line. Source link
The S&P 500 was suggestion stocks were overbought before tariff jitters triggered a retreat Monday. Source link