The Edinburgh Worldwide Investment Trust has generated a near-950% return on its position in Elon Musk’s Space Exploration Technologies, also known as SpaceX. The closed-end investment trust, which is managed by Baillie Gifford, invests in publicly-listed and privately-held technology companies that focus on innovation and disruption globally. Edinburgh Worldwide first invested in SpaceX in 2018….
Lou Gerstner, former CEO of IBM, at a meeting at IBM headquarters. James Leynse | Corbis Historical | Getty Images Louis Gerstner, the former CEO and chairman of IBM, died on Saturday, aged 83. IBM chairman and CEO Arvind Krishna announced Gerstner’s death in an email sent Sunday to employees, but did not provide a…
Wall Street heads into what’s expected to be a slow week — featuring the last three days of 2025 and the first trading day of 2026. The market will be closed Thursday for New Year’s Day. While there are no major earnings scheduled this week, there are three macroeconomic updates that we will be watching….
The stock market broke records during the holiday-shortened trading week. The S & P 500 hit an all-time intraday high Friday but closed slightly lower. Nevertheless, the index rose 1.4% last week, padding an almost 18% year to date advance. Economic data last week lifted investor spirits, with weekly jobless claims, as well as third-quarter…
Wells Fargo is betting that under-the-radar tech stock Synaptics is a rising force in artificial intelligence. Analyst Joe Quatrochi initiated Synaptics with an overweight rating and $95 price target, implying about 29% potential upside from the stock’s Friday close price. Shares of Synaptics are down nearly 4% year to date. Quatrochi said that shares of…
A Chevron gas station in San Francisco, California, US, on Tuesday, Oct. 28, 2025. Jason Henry | Bloomberg | Getty Images Heading into 2026, investor focus could shift from fixed-income instruments to attractive dividend stocks, given a lower interest rate backdrop. Picking the right names from a vast universe of dividend-paying companies is a challenging…
Friction in Washington shouldn’t be counted out as a threat to equity performance in 2026 just yet. The market has been strong heading into the new year, with the S & P 500 hitting all-time intraday and closing highs in the past week alone. Year to date, the broad market index has soared nearly 18%,…
McDonald’s restaurant in San Diego, California, U.S., Oct. 31, 2025. Mike Blake | Reuters “Value” was the buzzword du jour for restaurant executives that lasted all year — and it will likely stick around in 2026, too. Over the last year and a half, diners, particularly those who make less than $40,000 a year, have…
This summer, Switch 2 became the fastest-selling console in Nintendo’s history, selling 10.36 million units in the first four months of sales Guillaume Payen | Sopa Images | Lightrocket | Getty Images It has been a monumental year for the video game industry, marked by new devices and billion-dollar deals. Further consolidation occurred within the…
As a relationship counselor with over 10 years of experience, I’ve learned that even the strongest couples face conflict. What sets emotionally intelligent couples apart is their ability to stay connected, even when disagreements arise. I’m often more concerned about couples who never fight, because avoiding conflict entirely can hide unresolved hurts. After all, the…
