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Stock Market

The Flashing Stock Market ‘Panic’ Warning Sign To Watch As The S&P 500, Dow And Nasdaq Hit Record-Highs

The Dow, the S&P 500 and the Nasdaq—as well as the bitcoin price and gold—have returned to all-time highs in the first six months of Donald Trump’s second stint in the White House (with traders now braced for a Federal Reserve earthquake). Front-run Donald Trump, the White House and Wall Street by subscribing now to Forbes’ CryptoAsset & Blockchain Advisor where you can "uncover blockchain blockbusters poised for 1,000% plus gains!" The bitcoin price is almost double where it was a year ago amid serious fears over the fate of...
Stock Market

Nvidia stock soars on AI boom, surpasses Microsoft in value

Nvidia CEO sells 100,000 shares of company stockJensen Huang sold 100,000 Nvidia shares between June 20 and 23, bringing in nearly $15 million at an average price of $144.04 per share.CheddarNvidia's NVDA.O stock hit a record high on Wednesday, and the chipmaker reclaimed the crown as the world's most valuable company after an analyst said the chipmaker was set to ride a "Golden Wave" of artificial intelligence.Shares of the Santa Clara, California-based company rose over 4% to a record high of $154.10. The rise sent Nvidia's stock market value to $3.76 trillion,...
USA Property

Will Palm Beach County property taxes increase?

The county millage rate will stay at $4.50 and the housing prices are leveling off so what is the root of a likely increase in property taxes for Palm Beach County homeowners?Palm Beach County news: Charlie Woods' golf game; Trump's travel banCharlie Woods finished the Amateur Championship, Guy Fieri sells Lake Worth mansion, Donald Trump puts travel bans on twelve countries.Palm Beach County homeowners will likely see a property tax increase in 2026 due to rising property values, despite a stable millage rate.New construction fueled a significant portion of the...
Stock Market

Dow, S&P 500, Nasdaq futures fall as Trump calls for evacuation of Iran’s capital amid escalating strikes

US stock futures fell with investors on edge as Israel and Iran continued to trade strikes against a backdrop of shifting US trade policy and stubborn interest rates. Futures attached to the Dow Jones Industrial Average (YM=F) fell 0.4%. Futures attached to the benchmark S&P 500 (ES=F) sank 0.5% and the tech-heavy Nasdaq 100 (NQ=F) stumbled 0.6%. On Monday evening, Trump called for the evacuation of Iran's capital city, Tehran, as Israel pledged to continue attacking the country. "Iran should have signed the 'deal' I told them to sign," the...
Stock Market

Is Juneteenth a federal holiday? What’s open and closed this week?

What is Juneteenth, America's newest federal holiday?Juneteenth marks the emancipation of enslaved Black Americans. It became a federal holiday in 2021.Juneteenth honors the end to slavery in the United States and became a federal holiday in 2021. Here's what to know about the holiday and what businesses will be open and closed on that day.June 19, 1865 is known as Emancipation Day or Freedom Day when slaves in Galveston Texas learned of their freedom following the President Abraham Lincoln's Emancipation Proclamation and the end of the Civil War.Juneteenth celebrations and...
Stock Market

Dow, S&P 500, Nasdaq rebound, oil slips as Israel-Iran conflict enters 4th day

Bank of America (BAC) analyst Brad Sills downgraded CoreWeave (CRWV) stock to Neutral from his previous Buy rating, citing the AI cloud company's high valuation. "Following Q1 results, the stock has run up 145%," Sills wrote, adding that he believes "much of the near-term upside has been priced in." Sills noted that CoreWeave is trading at 27 times its 2027 earnings, more than previously. He also noted CoreWeave's significant debt. "We forecast $21 billion of negative FCF through CY27, driven by high capex ($46.1 billion through CY27)," Sills wrote. "Historically,...
Upcoming Investments

GM pledges $4 billion in new U.S. manufacturing investments

General Motors: History, innovation, and legacyLearn about the rich history and notable innovations of General Motors, from its founding in 1908 to its leadership in electric and autonomous vehicle technology.Two popular Chevrolet models will move to U.S. plants from Mexico.The plan is to produce gas-powered full-size SUVs and light duty pickup trucks at Orion Assembly in Michigan early 2027.GM also is retooling its Fairfax Assembly plant in Kansas and the Spring Hill Manufacturing plant in Tennessee.General Motors will invest $4 billion in three U.S. manufacturing sites over the next two...
Stock Market

Dow, S&P 500, Nasdaq futures slip as key inflation print looms and US-China plan falls flat

Inflation didn't pickup as much as Wall Street expected in May. The latest data from the Bureau of Labor Statistics showed that consumer prices increased 2.4% over the prior year in May, an increase from April's 2.4% and in line with economists' forecast for 2.4%. But all other closely watched metrics from the release came in below expectations. On a month-over-month basis, prices increased 0.1%, lower than the 0.2% estimated by economists and the 0.2% increase seen in April. On a "core" basis, which strips out the more volatile costs...
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