Daily Trade

Crypto hedge fund Galois Capital will close its flagship $200 million fund with half of its assets still stuck on the fallen crypto exchange FTX. The firm confirmed the shutdown on Twitter on Monday after the Financial Times reported the fund was closing. The fund suffered from the FTX blow-up last November, admitting that it

Electric vehicles have become a rage these days. With the government’s incentives, we will soon see a majority of EVs running on the roads. With a rise in demand for EVs, there will also be a surge in demand for batteries, and smart investors will know where to put their money. It is difficult to

Beloved “Die Hard” and “Moonlighting” actor Bruce Willis has been diagnosed with frontotemporal dementia, or FTD, his family revealed on Thursday, which is the most common form of dementia in people under 60.  “FTD is a cruel disease that many of us have never heard of and can strike anyone,” read the statement signed by

Google and YouTube parent company Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL) has rewarded investors who held its shares over the past decade. What about the past year, though? The results haven’t been stellar, and GOOG stock is likely to fall further as Microsoft (NASDAQ:MSFT) asserts its dominance over Alphabet in the red-hot artificial intelligence (AI) market segment. When it comes

The Sunshine State has an orange juice problem.  Extreme weather, including an unexpected freeze in January 2022, and an incurable citrus disease that has affected orange groves have caused the cost of O.J. to rise. This is adding to the strain on household budgets already being squeezed by an overall rise in the U.S. cost

Sometimes, even the biggest technology companies have an off year. Such was the case with Apple (NASDAQ:AAPL), as AAPL stock didn’t reward its owners with outstanding returns over the past month. However, this doesn’t mean a $1,000 investment in Apple is a lost cause, as there could be a share-price rally just around the corner. It

Biden administration efforts to guarantee at least 500,000 electric-vehicle chargers across the U.S. in coming years got a boost with White House confirmation that Tesla will make at least 7,500 of its chargers — long notoriously limited to its own cars — open to any EV by the end of 2024. Tesla TSLA, +3.10% had

In January, media firm Buzzfeed (NASDAQ:BZFD) made headlines after its CEO proposed using ChatGPT to help generate “cultural currency” and “inspired prompts” for his site. The following week, meme stock Helbiz (NASDAQ:HLBZ) would join the frenzy… without any detail on how an e-scooter business benefits from using chatbots. Tongues would quickly start wagging. “The AI

Dear Quentin, After a terrible battle with dementia, my grandmother died a few weeks ago. She did not leave much, but I will — along with my siblings — receive about $40,000 in life insurance. I am trying to figure out how to best handle it.  I have some credit-card debt that was incurred during

Can ChatGPT pick winning stocks? Many have already tried to goad OpenAI’s chatbot into the task. In January, a team at Bloomberg asked ChatGPT to pick a list of stocks for a market-beating ETF. They failed. ChatGPT’s safeguards immediately kicked in, leaving the writers with a generic non-answer about “unpredictable” markets and how they should

U.S. stocks were mixed Friday afternoon, with the S&P 500 index and Dow heading for modest weekly losses after hotter-than-expected inflation reports and commentary from Federal Reserve officials spurred investors to bet on more interest-rate hikes by the central bank. How stocks are trading The Dow Jones Industrial Average DJIA, +0.38% was up nearly 103

Once a seemingly unstoppable business, Amazon (NASDAQ:AMZN) is now facing difficulties that could weigh on AMZN stock for a while. This doesn’t mean Amazon won’t survive. The e-commerce giant’s shareholders will probably prevail in the end, but the next few months could be challenging. The Amazon share price has dropped from $185 to around $100, and

NatWest Group PLC on Friday posted a rise in pretax profit for the fourth quarter of 2022, which came in slightly ahead of market views, and said it intends to start a share buyback program of up to 800 million pounds ($959 million) in the first half of 2023. The U.K. bank NWG, -8.28% posted

There’s no denying that Microsoft (NASDAQ:MSFT) is currently winning the battle between Big Tech firms to dominate the world of artificial intelligence. In recent weeks, MSFT stock has moved higher due to its success in this area relative to other tech giants. Microsoft has invested $10 billion into OpenAI, the developer of AI chatbot ChatGPT,

Congress might only have until this summer to strike a deal to lift or suspend the U.S. government debt ceiling, prompting analysts to warn of growing risks to global financial markets as America moves closer to a potential default. “It would cause immeasurable harm to financial markets,” Amar Reganti, a fixed-income strategist at Hartford Funds,

Is C3.ai (NYSE:AI) a buy right now? Is it the best way to invest in the artificial intelligence megatrend that has emerged with the onset of ChatGPT and Bard? Or is it a meme stock having a hot run? In today’s world, we have seen AI go from an abstract theory to a tool that

Airbus SE expects to deliver more commercial aircraft this year than in 2022 as it seeks to cash in on resurgent demand for air travel after years of travel restrictions and border closures. The European plane maker AIR, +3.04% said Thursday that it aims to deliver roughly 720 planes to customers this year. The company

If you’re going to stay the course as an investor in electric vehicle (EV) battery manufacturer QuantumScape (NYSE:QS), ask yourself a question: What’s my time horizon? Then, consider your risk tolerance. Not everyone should own QS stock, but it’s a good buy for EV industry believers with a strong stomach for speculative assets. There aren’t many

The number of Americans with medical debt on their credit reports fell by 8.2 million, or about 18%, between 2020 and 2022, according to a report Tuesday from the U.S. Consumer Financial Protection Bureau, the Associated Press reported.  White House officials said separately that the drop likely stems from pandemic relief funds and the expansion of

With new advancements in computer technologies and utility, several tech stocks soared on the implications for the broader artificial intelligence trend. In particular, the ability of AI and machine learning protocols to meet users where they are – that is, to speak their (human) language – sparked intense curiosity. Essentially, we may be standing on