Sign at the entrance to a Capital One Bank branch in Manhattan. Erik Mcgregor | Lightrocket | Getty Images Banks and financial services stocks slid Monday after U.S. President Donald Trump called for a 10%, one-year cap on credit card interest rates. Capital One shares dropped 6% in midday trading and Synchrony Financial tumbled more … Read more
These tech leaders are playing crucial roles in bringing AI to the masses. Artificial intelligence (AI) is forever changing how businesses operate. The United Nations Trade and Development report describes AI as the “defining technology of our time” and projects the market to grow from $189 billion in 2024 to $4.8 trillion by 2033. To … Read more
In a meeting with oil industry leaders at the White House on Friday, President Trump said the US industry will be “spending at least $100 billion of their own money … to rebuild the capacity and the infrastructure necessary” for Venezuela to begin once more exporting large volumes of crude — and that China and … Read more
Blackstone Inc. shares plunged on Wednesday after President Donald Trump announced plans to ban large institutional investors from buying single-family homes. Trump’s bold housing proposal to ban institutional investors from buying single-family homes causes a sell-off in Blackstone stocks. REUTERS/Mike Segar/File Photo (REUTERS) Trump made a Truth Social post where he declared he would call … Read more
The AI trade has hit a new stage: The spotlight is shifting from the chips that process data to the hardware required to store it. “Right now, we are very early in the memory cycle,” DA Davidson analyst Gil Luria told Yahoo Finance’s Opening Bid. “The progress that we’ve made in AI models has made … Read more
While tech stocks were busy setting records in 2025, the executives behind those companies were equally busy turning their paper fortunes into actual cash — more than $16 billion worth, according to Bloomberg’s analysis of insider trading data. Jeff Bezos led the way. The Amazon founder sold 25 million shares for $5.7 billion in June … Read more
IBM is leading the way. Quantum computing, which leverages the probabilistic nature of quantum physics to accelerate certain types of computations exponentially, may be the next major technological revolution. While quantum computers aren’t commercially useful today, a multitude of companies are aggressively pursuing that goal. Image source: Getty Images. Over the next decade, it’s possible … Read more