CashNews.co wavebreakmedia / Shutterstock.com Vincent Chan is an internet personality and financial influencer who educates his followers on how to build wealth. In a recent video, he laid out how he managed to accomplish the staggering feat of saving 73% of his annual income. Read Next: I’m a Financial Advisor: 5 Things the Middle Class […]
CashNews.co Nvidia (NVDA) is within striking distance of its stock’s all-time high as it re-approaches this record mark. The chipmaker has risen over 8% in the past five trading sessions, reporting this week that its Blackwell AI chips have already sold out for the next 12 months. Seana Smith and Madison Mills review the tailwinds […]
CashNews.co We recently published a list of Top 10 AI Stocks Investors are Talking About in October. Since NVIDIA Corp (NASDAQ:NVDA) ranks 5th on the list, it deserves a deeper look. Venu Krishna, Barclays head of U.S. equity strategy, said while talking to CNBC in a latest program that he is not revising his S&P 500 year-end […]
CashNews.co Tesla (NASDAQ: TSLA) tumbled in early trading Friday, down 8.2% through 10:05 a.m. ET as investors gave two thumbs down to the company’s “We, Robot” presentation in Hollywood last night. In no particular order, Tesla unveiled a bartending Tesla Bot… Image source: Tesla. an autonomous Robovan that can carry 20 passengers… Image source: Tesla. […]
CashNews.co Jim Cramer has been considering a potential investment in BlackRock, the world’s largest asset manager, and we’re now adding it to our Bullpen stocks-to-watch list. The news BlackRock shares surged to a record high Friday after the firm posted third-quarter earnings that crushed analysts’ expectations, yet again. Management also announced that assets under management […]
CashNews.co Litigation finance deals aren’t “loans” under New Jersey law, saving the industry from claims that 33% interest on plaintiff cash infusions violate lending regulations. The big issue sprang from a small case—a traffic accident in which a plaintiff received $9,600 over three contracts from Covered Bridge Capital as she pursued crash damages. After paying […]
CashNews.co Investors pushed the stocks of JPMorgan Chase (JPM) and Wells Fargo (WFC) higher Friday after third quarter results looked better than feared, a demonstration of resilience from the banking giants that points to the possibility of a soft landing for the US economy. One JPMorgan executive was even willing to connect the bank’s performance […]
CashNews.co On October 7, the CFPB released the Fall edition of its Supervisory Highlights, “Special Edition Auto Finance,” focusing on the auto finance market. The report highlights various supervisory observations and enforcement actions taken to address issues the CFPB asserts it has seen in the auto finance sector, including deceptive marketing practices, wrongful repossessions, and […]
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CashNews.co I’m 58 years old and finally a 401(k) millionaire — do I need a bigger nest egg or can I ease off the gas? Becoming a millionaire is often synonymous with becoming rich, but does that mean a $1-million nest egg frees you from financial worries about retirement? Don’t miss Car insurance premiums in […]