Concerns about the steep valuations of artificial intelligence (AI) stocks and a questionable outlook for an interest rate cut in December weighed on investor sentiment in recent trading sessions. For now, however, Nvidia‘s solid earnings last week seemed to undermine the idea that everything tied to AI investment is in a bubble. Investors looking to…
Even as the U.S. economy adds jobs, there are fewer employment prospects for college graduates just starting out, as those armed with a newly minted diploma are facing one of the toughest job markets in a decade, studies show. “Right now is a really difficult time to find a job,” Cory Stahle, senior economist at Indeed Hiring Lab,…
With year-end approaching, it’s a good time to make sure your tax house is in order. It’s especially important for crypto investors, given a new IRS brokerage reporting requirement covering transactions after Jan. 1, 2025. The IRS generally treats crypto like property, similar to stocks or real estate, so selling crypto can trigger a capital…
Omar Marques | Lightrocket | Getty Images Robinhood shares suffered brutal weekly loss as the once-red-hot trades in bitcoin and AI stocks that powered its growth lost momentum. The popular brokerage platform saw the stock decline 12.4% this week. The stock tumbled 10.1% on Thursday and rebounded 1% Friday. November alone has erased 27% of…
While artificial intelligence spending is forming a bubble in the market, investors don’t need to give up their positions, according to Bridgewater founder Ray Dalio. “Don’t sell just because there’s a bubble,” Dalio said Thursday on CNBC’s “Squawk Box.” “But if you look at the correlations with the next 10 years’ returns, when you are…
Warren Buffett ahead of the Berkshire Hathaway Annual Shareholder Meeting in Omaha, Nebraska, in 2023. David A. Grogan | CNBC Alphabet shares jumped Monday after Warren Buffett’s Berkshire Hathaway revealed a new stake in the Google parent, marking one of the conglomerate’s most significant technology bets in years. Alphabet shares were up 5.5% in morning…
Gold traded below the $4,000-per-ounce mark again on Tuesday as the dollar remained resilient at over three-month highs, while reduced chances of another U.S. interest rate cut in December and easing U.S.-China trade tensions blunted bullion’s demand. Bloomberg | Bloomberg | Getty Images Gold profits are glittering in 2025 — but cashing in may trigger a…
Pavlo Gonchar | SOPA Images | Lightrocket | Getty Images The U.S. stock market continues to be volatile due to concerns about valuations of tech and artificial intelligence stocks and an uncertain macroeconomic backdrop. Given this scenario, investors seeking passive income can add some dividend stocks to their portfolios. At the same time, investors might…
Billionaire investor Ron Baron isn’t flinching during the latest tech selloff, and he’s certainly not touching his own Tesla shares, he said. The longtime growth investor said he sees the pullback as a chance to spot bargains, even as volatility has rattled the biggest names in tech recently. “Not very much,” Baron said Friday on…
A college degree is often considered the ticket to a well-paying career, and more than three million new graduates enter the workforce every year banking on that promise. However, this year, those armed with a newly minted diploma have faced one of the toughest job markets in a decade. And next year could be as…
