For Micron Technology (MU), the problem is not the possible elimination of the AI boom. Instead, it’s whether the best days are now over, with much of the potential already priced in. In a latest move, Citigroup cut its price target on Micron to $425 from $510 after spot prices for a mainstream DDR5 16GB
“Shark Tank” investor Kevin O’Leary says the most valuable job in today’s economy does not require a degree. It requires a smartphone and the ability to turn social media content into paying customers. Speaking on The Iced Coffee Hour podcast, O’Leary said he has personally raised salaries for social media customer acquisition specialists from $48,000
The economy looks steady on the surface. Inflation expectations seem steady, and the Federal Reserve sees no urgent need to shift policy. In March, the FOMC decided to leave the interest rate unchanged. In a recent talk at Harvard University, Fed chair Jerome Powell said the rates are in a “good place.” “We feel like
Wells Fargo has cut its year-end S&P 500 (SP500) price target to 7,300 from 7,800, pointing to risks it did not see coming when the year began. The revision came from equity analyst Ohsung Kwon, who cited the ongoing U.S.-Iran war and lower-than-expected tax returns as the main drivers. The new target still implies roughly
The U.S. Department of Labor proposed a rule on March 30 that would make it easier for 401(k) plans to include cryptocurrency, private equity, and other alternative assets. The proposal, titled “Fiduciary Duties in Selecting Designated Investment Alternatives,” follows an August 2025 executive order from President Donald Trump directing federal agencies to expand retirement access
Macy’s has spent the better part of a decade trying to prove it still has a place in modern retail. Now, a new AI chatbot may be the clearest sign yet that the turnaround is real. The company recently launched “Ask Macy’s,” a shopping assistant powered by Google’s Gemini AI. Before the full rollout, it
Wall Street was SOOOO excited on Tuesday. President Donald Trump said he could live with not taking over the Strait of Hormuz. And investors around the world celebrated. Celebrated is the only word for a gain of 1,125-point gain in the Dow Jones Industrial Average and a 3.8% gain in the Nasdaq Composite Index. Except
After a Brutal Week, Wall Street says it’s time to buy the tech giant. It’s not often a stock drops hard and then immediately gets called a top buy. But that has happened with Meta Platforms (META). After a punishing stretch that saw Meta tumble on legal losses, layoffs, and rising concerns about AI spending,
Goldman Sachs is pushing back on one of the most significant shifts in market pricing this year. The bank says investors are overestimating the likelihood that the Federal Reserve will raise interest rates in response to the current oil price surge. Surging energy prices and mounting stagflation fears have rattled global markets in recent weeks.
Cathie Wood, head of Ark Investment Management, usually buys the dip during market selloffs. But last week, she shifted course, selling large chunks of major tech names amid the market downturn caused by the U.S.-Iran war. Last year, the flagship Ark Innovation ETF gained 35.49%, far outpacing the S&P 500’s return of 17.88% in the