Author: Daniel snow

Last night, I was talking to an executive at a giant company whom I like very much. We were talking about the process of guidance and how, in this environment, it might just be better not to give any, lest you be wrong in two weeks. His company does both business-to-consumer and business-to-business worldwide. With tariffs looming, with a war going on between Israel and Iran (and one in Ukraine, don’t forget), and a mercurial president, it was obvious to him that giving a forecast these days was simply a loser idea. I couldn’t have agreed with him more. It…

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These days, it’s common for parents to give their adult children some financial support. But it wouldn’t take a lot to be considered independent.About three-quarters, or 76%, of Americans say that coming off a parent’s cell phone plan is one of the “ultimate signs” of adulthood, according to a recent survey of over 2,000 adults by AT&T.Roughly two-thirds, or 66%, of those polled also say they believe adult children should aim to reach this financial milestone by age 21. However, of those who pay their own cell phone bill, most waited until age 27 — and 18% didn’t start paying…

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Jensen Huang, CEO of Nvidia, holds a motherboard as he speaks during the Viva Technology conference dedicated to innovation and startups at Porte de Versailles exhibition center in Paris, France, June 11, 2025. Gonzalo Fuentes | ReutersNvidia shares rose nearly 3% on Wednesday and headed for a record close for the first time since January, as investors gain confidence that the company’s leadership in artificial intelligence won’t be dampened by Chinese export controls.The stock rose as high as $153.13 during the day, matching its prior intraday high. It’s currently trading at $151.92, which would put it past its closing high…

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