Cheddar News breaks down what to look for on The Day Ahead. Economic data, including Jan. home prices and consumer confidence, are slated to be released while the Senate Banking Committee has a hearing scheduled in the wake of the collapse of Silicon Valley Bank. Earnings from Walgreens, Lululemon and Micron are also expected.
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A.I. Investments Carry Amazon Over $2 Trillion Valuation Threshold
Amazon.com Inc. surpassed $2 trillion in market value for the first time in afternoon trading on Wednesday. The push higher for Amazon’s stock market valuation comes a little more than a week after Nvidia hit $3 trillion and briefly became the most valuable company on Wall Street. Nvidia’s chips are used to power many AI application and its valuation has soared as a result. Amazon has also been making big investments in AI as global interest has grown in the technology. Most of the company’s focus has been on business-focused products.
The Costs of Extreme Heat Go Far Beyond Higher AC Bills
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The Federal Government Is Making Sure Banks Are Prepared for the Worst
It’s an annual tradition: the Fed’s banking ‘stress test.’ A year after the regional banking crisis, there are good reasons to make sure they’re prepped.
Budget-Friendly Tips for Your Swiftie Summer Adventures
Summer is upon us, which means weddings, trips overseas, and trips to see Taylor Swift. Avoid a “Cruel Summer” with these budget-friendly tips and tricks.
Nvidia Is the Star of the Market, But Don't Overlook These Other Names
While Nvidia's meteoric rise led it to briefly dethrone Microsoft as the world's biggest public company, there's a lot more going on in this market than A.I.
Housing Prices Soar to Historic Highs – And Don’t Forget Closing Costs
High rates and home prices have ground the housing market to a halt. And if you are in the market, make sure to save extra for those closing costs.
Big Business This Week: TikTok is ⬇️ as the National Debt Goes ⬆️⬆️⬆️
Plus, the Boeing blues continues, Golden Goose is getting scuffed up in the markets while TikTok is trying out AI girlfriends.
Democrats Put Spotlight on Millions of Pensions Saved Under 2021 Law
The Butch Lewis Act will ultimately stop cuts to the retirement benefits of 2 million workers and retirees across the country.
