Business

Business
Business

How Wall Street’s AI boom is becoming the Fed’s next inflation problem

“Many participants noted that ongoing strong demand for AI infrastructure would likely sustain upward pressure on prices for technology products and electricity.” That line from the Federal Reserve’s June meeting minutes captured a shift that Wall Street is only beginning to price. Artificial intelligence was sold to investors as a productivity revolution. For the Fed,

Read More
Business

Sci-fi to reality? OpenAI’s Hugging Face hack explained

Science fiction scenarios are slowly becoming reality.  OpenAI this week said one of its AI agents autonomously escaped a controlled testing environment, accessed the open internet, and hacked the AI platform Hugging Face.  The disclosure has reignited debate over AI safety, autonomous agents, and cybersecurity. Increasingly capable models are beginning to demonstrate behavior that extends

Read More
Business

Here’s why flying car stocks like Joby and Archer Aviation falling

Top flying car stocks such as Joby Aviation and Archer Aviation have tumbled this year, wiping out billions of dollars in market value. Joby Aviation shares have fallen 48% year to date and 60% over the past 12 months, while Archer Aviation has declined 37% and 57%, respectively, despite both companies moving closer to commercial

Read More
Business

FTSE 100 rises as HSBC gains lift financial stocks amid Middle East tensions

Britain’s FTSE 100 index rose on Friday, supported by gains in HSBC Holdings that lifted financial stocks. Investors also monitored rising oil prices and escalating tensions in the Middle East. The blue-chip FTSE 100 index rose 0.3% to 10,674.68 points by 1018 GMT. The mid-cap FTSE 250 index also gained 0.3%. Both indexes were on

Read More
Business

Best 3 REITs to own for reliable passive income in 2026

As central bank policy stabilizes and real estate valuations recalibrate, income-focused investors are increasingly looking toward real estate investment trusts (REITs) to secure durable cash flows. However, capturing reliable passive income in today’s market requires looking beyond raw yield – it demands balance sheet strength, high portfolio occupancy, and clear distribution visibility. Whether anchoring a

Read More
Business

Here’s why Oracle stock may still hit $100 despite the Pentagon contract

Oracle stock rose by 2% in the premarket session as the company reached a deal with the US government in a major win for Larry Ellison, a close friend of Donald Trump. Still, it remains near its lowest level since April 2025. It has fallen by 65% from its all-time high. Oracle reaches a $7

Read More
Business

JEPI vs GPIX: Which covered call ETF actually wins on returns?

JPMorgan’s Equity Premium ETF (JEPI) has done well in the past few years, with its assets soaring to $45 billion. Its inflows have jumped by over $4.1 billion as investors rushed to buy it for its 8% yield.  Still, another little-known fund by Goldman Sachs is making waves. Goldman Sachs S&P 500 Premium Income ETF

Read More
Business

SanDisk stock down 33% from YTD high: Experts predict upside before Aug. 13

SanDisk stock price has slumped into a bear market after falling by 33% from its highest point this year. It dropped to $1,610, mirroring the performance of other memory and semiconductor companies. Still, despite this retreat, analysts are highly optimistic about the company ahead of its earnings release on August 13. Top analysts are bullish

Read More
Business

How SK Hynix’s surge played a role in South Korea’s $640M divorce settlement

One of South Korea’s most closely watched legal battles has ended with a record divorce settlement, but the implications stretch well beyond the personal lives of SK Group chairman Chey Tae-won and his former wife Roh Soh-yeong. The ruling has renewed attention on the ownership of one of Asia’s most valuable technology groups at a

Read More
Business

Dow edges higher as Intel slips despite earnings, Nasdaq dips

US stocks opened mixed on Friday, recovering modestly after Wall Street’s sharp selloff in the previous session, as investors assessed fresh corporate earnings, easing oil prices, escalating geopolitical tensions in the Middle East, and new tariffs announced by the Trump administration. The Dow Jones Industrial Average rose about 40 points, while the S&P 500 gained

Read More