Wall Street’s Crystal Ball Says ‘Meh’ for 2025 (But When Are They Ever Right?)
So here we are again, folks. It's that magical time of year when Wall Street's finest dust off their crystal balls and tell us exactly where the market's headed next year. Spoiler alert: they're about as accurate as your weather app predicting rain three weeks out.
This time, the big brains at Goldman Sachs and Bank of America are singing the same tune: the S&P 500 is going to have a pretty "meh" 2025. Goldman says we'll hit 6,500 by year-end, ...
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While Everyone’s Chasing AI in Space, the Real Money is Underground
So Google wants to put AI data centers in space. Because apparently, Earth isn't expensive enough for their taste.
While Sundar Pichai is out here talking about launching "swarms of small satellites" like he's planning the world's nerdiest invasion, the real money is being made by companies with their feet firmly planted on the ground. Or more accurately, companies digging stuff out of the ground.
Here's the thing everyone's missing while they're busy staring at the sky: Big Tech is hemorrhaging cash ...
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Meta Just Got a $69 Billion High-Five for Finally Admitting the Metaverse Was a Mistake
Remember when Mark Zuckerberg was so convinced we'd all be hanging out in virtual reality that he literally renamed his entire company after it? Well, plot twist: investors just threw Meta a $69 billion party for basically saying "never mind" about the whole thing.
Here's what went down: Bloomberg dropped a report saying Meta's executives are planning to slash their metaverse budget by 30%. And Wall Street? They lost their collective minds in the best way possible. Meta's stock jumped 4% ...
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Nvidia’s AI Empire Just Hit a Speed Bump (And Why That’s Actually Good News)
Remember when Nvidia was basically the only game in town for AI? Yeah, those days are officially over. And honestly? It's about time.
Last week, Google threw a wrench into Nvidia's money-printing machine by getting cozy with their own TPU chips instead of just buying more GPUs. Then Amazon jumped in yesterday with their shiny new Trainium chips, promising 30-40% cost savings. Suddenly, Nvidia's looking less like the untouchable AI king and more like... well, still the AI king, but one ...
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BofA Just Called BS on Wall Street’s AI Party (And They Might Be Right)
You know that friend who shows up to the party and immediately points out that the music's too loud and someone's definitely going to break something? That's Bank of America right now, and honestly, we're here for it.
While every other major Wall Street firm is basically doing the financial equivalent of shotgunning Red Bulls and screaming "AI TO THE MOON!" for 2026, BofA just walked in with a sensible cardigan and some uncomfortable truths.
The Numbers Don't Lie (But They Do ...
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Bitcoin’s Having a Moment (And Not the Good Kind)
So Bitcoin decided to take a little vacation below $85k yesterday. You know, just a casual 20% haircut from its October highs. Nothing to see here, folks!
But seriously, if you've been watching your crypto portfolio lately and wondering whether to buy the dip or run for the hills, you're not alone. Even the diamond-handed veterans are getting a bit twitchy.
What's Actually Going On Here?
Remember that glorious October when Bitcoin kissed $124k? Yeah, well, turns out a lot of that wasn't ...
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Marvell Just Threw Down the Gauntlet in the AI Chip Wars (And It’s About Time)
Remember Marvell Technology? Yeah, that chip company that's been quietly doing its thing while everyone obsesses over Nvidia's every quarterly sneeze. Well, guess what? They just made the boldest move in the AI chip game by dropping $3.25 billion on a startup called Celestial AI. And honestly, it's about time someone shook things up.
Here's the deal: Celestial AI has figured out how to use light instead of electricity to move data around inside those massive AI data centers. I know, ...
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Sydney Sweeney Just Made American Eagle Investors 16% Richer (And We’re Not Mad About It)
Look, we've all seen celebrity endorsements go sideways faster than a crypto crash. But sometimes—just sometimes—the stars align (literally) and everyone wins. Case in point: American Eagle Outfitters just posted a 16% stock surge, and we can thank Sydney Sweeney and Travis Kelce for part of the magic.
Here's what went down: American Eagle (NYSE:AEO) absolutely crushed their Q3 earnings on Wednesday, beating estimates like they were playing whack-a-mole with Wall Street expectations. Revenue hit $1.36 billion (up 6% year-over-year), smashing ...
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