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Investing
Google Cloud platform reports first-time profitability, surpassing market expectations
Google has invested heavily in cloud computing to compete with Amazon and Microsoft. Huge investments are paying off.
On Tuesday, Alphabet announced that, after three years of reporting financial results, Google's cloud business has…
Microsoft earnings beat expectations, foresees revenue growth driven by artificial intelligence
Microsoft's fiscal third-quarter results and quarterly guidance beat analysts' expectations, sending shares up 9% in extended trading on Tuesday.
During a conference call with analysts, Microsoft's chief financial officer Amy Hood…
Study shows millennials’ investing mistakes are hurting their retirement prospects
Millennials are sabotaging their own retirement plans by making poor investment choices, according to the survey.
Schroders survey of 2,000 workers, 27-42-year-olds invested a third of their retirement savings in cash last year, which…
Ethereum drops 7% in wider Crypto sell-off as traders assess uncertainty of interest rates
Ethereum fell as much as 7% on Wednesday amidst a broader Crypto market sell-off as traders navigated a turbulent market.
According to Messari, Bitcoin dropped almost 3% in less than thirty minutes this morning. In the meantime, altcoins…
Inflation: Bank of America CEO warns of looming economic downturn
Although inflation is displaying signs of moderating, according to Bank of America CEO Brian Moynihan, the US economy will still experience a recession.
The Wall Street executive forecast a minor drop on the company's quarterly results…
China’s corporations rush to list in the United States in anticipation of new regulations
The number of initial public offerings (IPOs) by China's corporations increased in March as some of them hurried to set up offshore listings before rules that will complicate the process went into effect.
However, several of these…
Fed officials are trying to raise rates further; a bank’s stress could affect the viewpoint
On Thursday, three Federal Reserve officials left the door open for additional rate increases intended to lower high inflation.
Concerns with the banking sector may cause enough economic headwinds to help lower price pressures earlier…
Retirement savings: Top 4 strategies to grow your $100,000 into $1 million
Planning for retirement is never easy, but when the economy is struggling, it becomes even more complicated.
Money is tight for many Americans, and accumulating $1 million in savings from $100,000 may appear impossible. Fortunately, you…