No, Rigetti Computing’s CEO Didn’t Sell His Stake. How a Rumor Slammed the Stock.
POSTED BY CHRIS COMBS — ARTICLE CONFIRMING THERE ARE FALSE NARRATIVES DRIVING CONFUSION AMONG INVESTORS AND MOVING MARKETS –HIGHLIGHTED IN OCTOBER 24 5-IN 5 VIDEO By Mackenzie Tatananni October 23, 2025 Rigetti Computing’s CEO, Subodh Kulkarni, holds an equity interest of 0.8% through 2.7 million stock options, with 1.6 million vested. Kulkarni exercised an option […]
What Credit-Card Trends Tell Us About the U.S. Consumer, in Charts
There is a trade war, a government shutdown and a sluggish job market, but households are still spending By Imani Moise and Ben Glickman Oct. 23, 2025 Americans may feel worse about the economy, but they are still wielding their credit cards with confidence. An escalating trade war, a prolonged government shutdown and a stagnant […]
TSMC Raises Sales Outlook to Convey Confidence in Global AI Boom
By Debby Wu 10/15/2025 23:29:26 [BN] Summary by Bloomberg AI Taiwan Semiconductor Manufacturing Co. hiked its projection for 2025 revenue growth to the mid-30% range, sending a strong signal of confidence in demand for components like Nvidia Corp. chips that power AI. TSMC raised the lower end of its capital spending target for the year to at […]
AmEx updates 2025 forecasts as affluent customers keep up spending
By Manya Saini and Arasu Kannagi Basil October 17, 2025 Oct 17 (Reuters) – American Express raised the lower end of its 2025 profit and revenue forecasts on Friday, as its affluent customers looked past economic uncertainty and continued spending ahead of the holiday season. Analysts expect AmEx to benefit from spending by high-income customers, particularly on travel and […]
S&P 500 ends higher after strong bank earnings, chip stocks rally
By Noel Randewich October 15, 2025 Summary: Bank of America beats Wall Street estimates for profit Morgan Stanley’s shares hit record high after Q3 profit beats US chipmakers gain on renewed AI optimism S&P 500 +0.40%, Nasdaq +0.66%, Dow -0.04% Oct 15 (Reuters) – The S&P 500 ended higher on Wednesday, with Morgan Stanley and […]
The Frothiest AI Bubble Is in Energy Stocks
By Jinjoo Lee Oct. 15, 2025 5:30 am ET Concept stocks with no revenue have soaring valuations Forget about the froth in tech valuations. The real excess might be building up in energy stocks. For all the fears about stretched technology shares, many of those companies are hugely profitable ones that will keep chugging along even […]
The Nation’s Biggest Banks Are Saying the Economy Is Still Strong
By Alexander Saeedy and AnnaMaria Andriotis Oct. 15, 2025 12:57 pm ET Boom in dealmaking, higher spending point to a healthy economy; bears watch frothy stock prices, weakening job market The nation’s biggest bankers proclaimed this week that the economy is sturdy, the U.S. consumer is healthy, and they haven’t seen much change in recent […]
Bank deregulation set to unlock $2.6tn of Wall Street lending capacity
US lenders expected to cement global dominance by a significant easing of post-financial crisis rules Martin Arnold in London Oct 11, 2025 US banks are set for an unprecedented easing of capital rules, which new research suggests could unlock $2.6tn in lending capacity and increase pressure on regulators elsewhere to follow suit. The upcoming dilution […]
AI investment boom shielding US from sharp slowdown, says IMF
Fund upgrades outlook for global growth but warns latest trade tensions between Washington and Beijing are a concern Claire Jones and Sam Fleming in Washington Oct 14th, 2025 An “investment surge” in artificial intelligence has helped the US avoid a sharp slowdown but risks stoking inflation, the IMF’s chief economist has warned, as the fund […]
The AI Spending Boom Is Massive But Not Unprecedented
By Justin Fox October 8, 2025 at 2:30AM PDT The boom in capital expenditures related to generative artificial intelligence is generating questions about its sustainability. Quantifying the size of the capex surge may offer hints as to its sustainability, with estimates suggesting AI investment is around 1.3% of GDP. The current AI investment boom is […]