Mark Zuckerberg, chief executive officer of Meta Platforms Inc., during the Meta Connect event in Menlo Park, California, US, on Wednesday, Sept. 17, 2025. David Paul Morris | Bloomberg | Getty ImagesTech’s internet giants have made it through earnings season, and they offered a consistent message to Wall Street: Artificial intelligence investments are only getting bigger.Alphabet, Meta, Microsoft and Amazon each lifted their guidance for capital expenditures and now collectively expect that number to reach more than $380 billion this year.Microsoft’s forecast was for fiscal 2026, which ends in June.The companies are racing to build out infrastructure for what they…
Author: usaeverydaylife
There’s a beaten-down biotech that may be worth the shot. The biotech sector has been on fire as of late. The SPDR S & P Biotech ETF (XBI) is up 25% year-to-date and trading at 52-week highs. It continues to be one of the best sectors over the past six months, has momentum and room to run higher. However, individually picking the right biotech stock comes with high risk. One such name is Sarepta (SRPT) . The stock is lower by 81% year-to-date and much of the weakness is due to safety issues with its Duchenne muscular dystrophy drug Elevidys.…
Jetcityimage | Istock | Getty ImagesThe U.S. Department of the Treasury has announced new rates for Series I bonds. Newly purchased I bonds will pay 4.03% annual interest from Nov. 1 through April 30, which is up from the 3.98% yield offered through Oct. 31.The new rate includes a variable portion of 3.12%, based on inflation data, and a fixed portion of 0.90%. The combined rate is 4.03% after rounding, according to the Treasury. The fixed rate is down from 1.10% announced in May.Read more CNBC personal finance coverageIn May 2022, the I bond rate hit a record high of 9.62%,…
FBI Director Kash Patel, speaks during a press conference related to arrests of NBA players and coaches for illegal gambling schemes, at the U.S. Attorney’s Office in Brooklyn, New York, October 23, 2025. Eduardo Munoz | ReutersFBI Director Kash Patel said on Friday morning that the FBI had arrested multiple people in Michigan, thwarting “a potential terrorist attack … over Halloween weekend.”Patel, in a social media post, said that other details about the arrests were forthcoming.”This morning the FBI thwarted a potential terrorist attack and arrested multiple subjects in Michigan who were allegedly plotting a violent attack over Halloween weekend,”…
Amazon CEO Andy Jassy speaks during an Amazon Devices launch event in New York City, U.S., February 26, 2025. Brendan Mcdermid | ReutersAmazon shares soared 12% on Friday after the company reported an across-the-board beat for the third quarter and boosted its forecast for spending due to demand for artificial intelligence services.Cloud was a major driver of revenue and profit growth, with sales at Amazon Web Services climbing 20% from a year earlier to $33 billion, topping expectations.The unit generated operating income of $11.4 billion, accounting for roughly two-thirds of Amazon’s total operating profit.Revenue in the digital advertising business, another growth engine,…
Retirees and investors near retirement are in a tough spot. They need growth from their stock market portfolio to fight inflation and rising health care costs, but another major market drop could leave stocks in a “lost period” which they don’t have the time to wait out. As a general rule in the current investment era, many financial firms tell recent retirees to keep more than half of their portfolio in stocks and then dial it down as they get older. Once upon a time, a 65 year-old with 50% in stocks would have been seen as aggressive. But with…
Here are Friday’s biggest calls on Wall Street: Goldman Sachs reiterates Nvidia as buy Goldman raised its price target on the stock to $240 per share from $210. “We expect Nvidia to deliver a beat-and-raise quarter, with the stock reaction likely hinging on the level of upside to guidance.” Roth initiates Heartbeam as buy Roth said the med tech company is well positioned. “We are initiating coverage of HeartBeam, Inc. (BEAT) with a Buy rating and $4 price target.” JPMorgan upgrades Methanex to overweight from neutral JPMorgan said it’s bullish on the methanol producer. “We upgrade Methanex , the Canada-based…
Check out the companies making headlines in premarket trading. Brighthouse Financial — Shares soared 23% after the Financial Times reported that Aquarian Holdings is in advanced talks to buy the North Carolina-based life insurer and take it private. Amazon — The e-commerce company and web services provider beat earnings expectations, boosting its stock 12%. Amazon posted earnings of $1.95 per share on revenue of $180.2 billion versus the Street’s estimated earnings of $1.57 per share and revenue of $177.9 billion, according to FactSet. Apple — The iPhone maker added 2% after beating earnings and revenue expectations in its September quarter.…
Nvidia CEO Jensen Huang listens to a reporter’s question during a press conference at the APEC CEO summit on October 31, 2025 in Gyeongju, South Korea. Ezra Acayan | Getty Images News | Getty ImagesNvidia CEO Jensen Huang doesn’t buy the national security concerns over his firm selling its most advanced semiconductors to China, claiming collaboration is in everyone’s best interest.Speaking to reporters in South Korea, Huang said he will keep campaigning for access to the Chinese market and is “optimistic” the country will continue to want U.S. chips as it positions itself as an AI leader.”The way to think…
Goldman Sachs sees Nvidia’s outperformance continuing from here. The bank maintained its buy rating and lifted its price target on Nvidia heading into the chipmaker’s next earnings release, slated for Nov. 19. Goldman Sachs’ 12-month price target of $240, up from $210, implies that the stock could rise another 18% from here. Analyst James Schneider believes that Nvidia is expected to meet investors’ high expectations heading into the print. “We believe investor expectations have increased heading into the quarter given multiple AI infrastructure announcements and following the company’s recent GTC event,” he wrote. “We expect Nvidia to deliver a beat-and-raise…
