The financial news that actually matters
Amazon Web Services has been here before. Heavy spending on data centers, a surge in demand tied to a new technology wave, and then years of expanding profits as customers fill the capacity. The pattern played out during the enterprise cloud migration of the mid-2010s and again during the pandemic-era digital rush. Now, with artificial…
Filling up the car keeps getting more expensive, and the White House just signaled it doesn’t expect relief anytime soon. On April 24, 2026, President Trump extended an emergency waiver of the Jones Act for another 90 days, allowing foreign-flagged tankers to haul oil and natural gas between U.S. ports. The move is a tacit…
When Nvidia’s share price ticked past $203 on October 29, 2025, the numbers on trading terminals spelled out something that had never happened before: a single chipmaker was worth $5 trillion. Six months later, the figure still defies easy comprehension. One company, headquartered in a glass-walled campus in Santa Clara, California, now carries a valuation…
Nvidia shareholders waited six months for a new high. Intel, of all companies, delivered it. Shares of Nvidia closed at a fresh all-time record on Thursday, April 24, 2026, snapping a prolonged stretch of sideways trading that had persisted since the chipmaker’s previous peak in October 2025. The breakout was not sparked by anything Nvidia…
Software stocks have been dragging down retirement portfolios this spring, and two of the sector’s most prominent names are at the center of the anxiety. IBM and ServiceNow have each, in different ways, signaled that artificial intelligence is changing how companies think about headcount. For the millions of Americans whose 401(k) plans hold broad technology…
Filling up a mid-size SUV now costs north of $60 in most of the country, and the number keeps climbing. Regular gasoline hit $4.11 per gallon nationally in the U.S. Energy Information Administration weekly retail price report for the week ending April 21, 2026, the highest level since the post-invasion spike of 2022. The culprit,…
In the first three weeks of 2025, cryptocurrency platforms lost more than $600 million to hackers, with North Korea’s Lazarus group responsible for the overwhelming majority of the damage. The centerpiece: a $1.5 billion theft from the Bybit exchange on or about February 21, 2025, which the FBI formally attributed to Lazarus in a public…
For the first time in its 51-year history, Microsoft is offering voluntary buyout packages to U.S. employees, extending the option to as many as 8,750 workers, roughly 7% of its domestic workforce. The offers are expected to go out in early May 2026, according to an internal memo reviewed by Bloomberg and two people familiar…
Bank of America Securities analyst Justin Post is sticking with his Buy rating on Alphabet Inc. (NASDAQ: GOOGL) and a $370 price target heading into the company’s first-quarter 2026 earnings report on April 24. Post expects Alphabet to beat Wall Street estimates on both revenue and earnings per share, driven by strength in Google Cloud…
A gallon of regular gasoline cost about $3.01 at the start of January. By mid-April, the national average had climbed to roughly $3.68, a jump of about 22%, according to the U.S. Energy Information Administration’s weekly retail price series. For a family filling a 20-gallon SUV tank twice a month, that translates to nearly $27 more…