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Stock Market Today: Dow, S&P 500 Futures Slip—Adobe, Warner Bros, Super Micro In Focus - SPDR S&P 500 (ARCA:SPY)
Benzinga· 2025-09-12 17:42
U.S. stock futures declined on Friday following Thursday's rally. Futures of major benchmark indices were lower. The Donald Trump administration on Thursday urged the D.C. Federal Appeals Court to allow the firing of Federal Reserve Governor Lisa Cook to take effect before the central bank's interest rate-setting meeting next week. Meanwhile, Dow closed above the 46,000 mark for the first time on Thursday, despite gloomy economic data. U.S. inflation accelerated to 2.9% year-over-year in August, while weekl ...
How a $1 billion TikTok challenger unraveled
Business Insider· 2025-09-12 17:40
Flip employees were riding high in mid-January. The TikTok challenger had just cracked the Apple App Store's top-five ranking. Downloads soared 855% month over month, Sensor Tower data showed, fueled by TikTok's imminent ban in the US.It was a dream scenario for an app that — with over $230 million in funding and a roughly $1.1 billion valuation — promised to reinvent social shopping through a mix of product reviews and entertaining videos. Raging wildfires had forced Flip's CEO, Noor Agha, to evacuate hi ...
China's Xpeng to recall 47,490 P7+ electric cars over potential steering assist failure
Reuters· 2025-09-12 17:40
Chinese electric carmaker Xpeng will recall 47,490 P7+ electric sedans from Sept. 15 due to a potential steering assist failure, the Chinese market regulator said in a statement on Friday. ...
Ray Dalio Warns AI Will Create Unprecedented Inequality: 'Limited Number Of Winners' - Microsoft (NASDAQ:MSFT), NVIDIA (NASDAQ:NVDA)
Benzinga· 2025-09-12 17:37
Ray Dalio, founder of Bridgewater Associates, warned on Thursday that artificial intelligence will lead to unprecedented inequality, benefiting only the wealthiest 1% to 10% of Americans, while displacing millions of workers across various industries. Speaking on "The Diary of the CEO" podcast, the billionaire hedge fund manager acknowledged AI as a "truly fantastic" tool but cautioned that it would cause a significant economic divide, according to a Business Insider report.. AI Job Displacement Threatens P ...
FS KKR Capital: At 81 Cents On The Dollar And 14.4% Dividend Yield Is Not A Buy
Seeking Alpha· 2025-09-12 17:35
FS KKR Capital (NYSE: FSK ) is trading at a substantial discount to its net asset value ("NAV") per share while paying out a double-digit base dividend yield from a credit portfolio seeing elevated stress. The Philadelphia-based BDCThe equity market is a powerful mechanism as daily fluctuations in price get aggregated to incredible wealth creation or destruction over the long term. Pacifica Yield aims to pursue long-term wealth creation with a focus on undervalued yet high-growth companies, high-dividend ti ...
Could Oracle Be the Next Nvidia?
The Motley Fool· 2025-09-12 17:35
Nvidia has wowed investors with record revenue and a soaring stock price.Nvidia (NVDA) has become the winner of the artificial intelligence (AI) revolution so far. The company's AI successes started with the top performance of its AI chips, then continued to evolve as Nvidia added related products and services to its repertoire. Today, the company is an AI giant, the go-to destination for customers big and small that aim to develop an AI platform.All of this has helped Nvidia's earnings to roar higher, reac ...
How AMD, Nvidia, Broadcom Can Ride Oracle's $455B Cloud Surge
Forbes· 2025-09-12 17:35
CHINA - 2025/09/04: In this photo illustration, the logo of Advanced Micro Devices, Inc. (AMD) is displayed on the screen of a tablet. (Photo Illustration by Sheldon Cooper/SOPA Images/LightRocket via Getty Images)SOPA Images/LightRocket via Getty ImagesOn Monday, during its earnings announcement, Oracle (NYSE:ORCL) delivered a striking revelation that surprised even the most optimistic analysts. The company’s remaining performance obligations (RPO) for its cloud division surged 359% year-over-year, re ...
UGL: 2x Gold ETF Has Been Anything But Ugly, But Its Time To Hedge (NYSEARCA:UGL)
Seeking Alpha· 2025-09-12 17:34
What's in a name? For that matter, what's in an ETF ticker? There are plenty of colorful ones out there. And while ProShares Ultra Gold ETF (NYSEARCA: UGL ) has soared in price, up 114% since I filedI'm Rob Isbitts, founder of Sungarden Investment Publishing. I run the new investing group Sungarden Investors Club, a community dedicated to navigating the modern investment climate with humility, discipline, and a non-traditional approach to income investing. I've been charting investments since the 1980s, and ...
UGL: 2x Gold ETF Has Been Anything But Ugly, But It's Time To Hedge
Seeking Alpha· 2025-09-12 17:34
What's in a name? For that matter, what's in an ETF ticker? There are plenty of colorful ones out there. And while ProShares Ultra Gold ETF (NYSEARCA: UGL ) has soared in price, up 114% since I filedI'm Rob Isbitts, founder of Sungarden Investment Publishing. I run the new investing group Sungarden Investors Club, a community dedicated to navigating the modern investment climate with humility, discipline, and a non-traditional approach to income investing. I've been charting investments since the 1980s, and ...
Should Stock Market Investors Buy Chewy Stock on the Dip?
The Motley Fool· 2025-09-12 17:32
The online pet retailer is a favorite among pet parents.Chewy (CHWY 2.59%) reported an unexpected rise in costs that decreased its earnings per share, and investors were not pleased.*Stock prices used were the afternoon prices of Sept. 9, 2025. The video was published on Sept. 11, 2025. ...