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Business

“Amazon to Invest Up to $4 Billion in AI Startup Anthropic”

“…As part of the deal, Anthropic will move most of its software to Amazon Web Services data centers, and use the cloud computing company’s homegrown chips to train the models it uses to power chatbots and other applications. Besides getting… Continue Reading…

Business

“TSMC to invest $2.9 billion in advanced chip packaging plant in Taiwan”

“Taiwan Semiconductor Manufacturing Company plans to invest nearly $90 billion New Taiwan dollars (about $2.87 billion) in an advanced chip packaging plant in Taiwan, the company told CNBC on Tuesday. It comes as global chipmakers seek to capitalize on the artificial… Continue Reading…

Business

“GM to invest more than $1 billion to produce new heavy-duty pickups”

“DETROIT – General Motors plans to invest more than $1 billion in two Michigan plants for production of next-generation heavy-duty trucks, the company said Monday. The investment includes $788 million to prepare its Flint Assembly plant to assemble next-generation heavy-duty gas and… Continue Reading…

Economy, Personal Finance

“For Americans behind on saving for retirement, a bad stock market can be a good time to invest more”

“Small business owners are among the Americans most likely to fall behind on saving for retirement. Investing back into a business is more often a priority for entrepreneurs with any excess cash than investing in a long-term tax-deferred retirement plan.… Continue Reading…

Predictions, Opinions, & Comments

“Now” Is The Time To Invest In the Stock Market

For those of you who think the market can not be timed you should be dollar cost averaging into the stock market as much as possible. The wealthy make their wealth during recessions & depressions. When others sell they buy… Continue Reading…

Economy, Personal Finance

“25% of Americans felt financially stressed all the time last year, CNBC + Acorns Invest in You survey found”

“…One-quarter of Americans said that they felt financially stressed all the time last year, according to a CNBC + Acorns Invest in You survey, conducted by Momentive. The online survey of nearly 4,000 adults was conducted March 23-24.   Another 41% said… Continue Reading…

Economy, Investing

“These are the types of companies Warren Buffett says you should invest in during times of inflation”

“The Chairman and CEO of Berkshire Hathaway, during a 2015 shareholder meeting, noted that: “The best businesses during inflation are the businesses that you buy once and then you don’t have to keep making capital investments subsequently,” while you should avoid… Continue Reading…

Banking

“Microsoft Joins FDIC to Invest in Minority-Owned Banks”

“EDITOR NOTE: In a move inspired by the TV show ‘Shark Tank,’ the Federal Deposit Insurance Corp. (FDIC) is teaming up with Microsoft and Truist to offer a new investment fund that will help divert funds to minority-owned banks in… Continue Reading…

Economy

“Former Cisco CEO says he is ‘not investing in China'”

“Former long-time Cisco CEO John Chambers has done business in China for decades, dealing with corporate leaders and government officials. The various dealings were always tough, acknowledges Chambers, but importantly there was a certain predictability to them and a focus on win-win… Continue Reading…

Stocks

“12 Stocks Turned $10,000 Into $1.1 Million In 12 Months”

“All the top 10 S&P 500 stocks in December, like health care Alexion Pharmaceuticals (ALXN), plus a raft of consumer discretionary plays like Tesla (TSLA) and Ralph Lauren (RL), jumped more than 20% in the month, says an Investor’s Business Daily analysis of data from S&P… Continue Reading…