AI Concerns Return Concerns around the AI trade increased following weakness among “neocloud” companies, which build data centers and rent access to AI chips and computing capacity. Elice, a South Korean AI computing provider, fell 32% in its public-market debut despite already operating data centers, holding government contracts, and generating profits. The disappointing debut suggested […]
Retirement is a significant life milestone that can bring a noticeable change to the pace and rhythm of daily life. If you spent years planning for retirement, you may have imagined finally having the freedom to slow down and enjoy life on your own terms. But what many people don’t realize is that this freedom […]
Banks Build on a Strong Second Quarter This week’s bank earnings provided another encouraging read on the U.S. economy. While results naturally moderated from an exceptionally strong second quarter, particularly in trading and investment banking, the underlying trends remained healthy. Revenue continued to grow, loan and deposit balances expanded, and several banks raised their profitability […]
Traditionally for young adults, graduating from college signals new beginnings and financial freedom. This is the time when many young people start their careers, begin managing their own bills and eventually become financially independent enough to move out of their parents’ homes. However, as the cost of living continues to rise, these milestones are being […]
AI Buildout Continues to Accelerate Recent developments across chips, memory, and power reinforce the continued strength of the AI and data center buildout. AMD is increasing supply, Marvell is raising its revenue forecasts, and Micron’s customers are already looking to secure output for 2028.[1] Together, these updates suggest that demand continues to grow faster than […]
Recent Security Incidents Calling for Slower AI Development Artificial intelligence has been at the center of market discussions this week, though not because of another breakthrough model. The conversation has recently shifted toward whether AI development is moving too quickly after a series of high-profile security incidents raised concerns about increasingly capable AI systems. The […]
PLANNING THEIR FUTURE AS A SAME-SEX COUPLE Overview The Reyes-Rivers family — Paul Reyes (50), an architect, and his husband, Jordan Rivers (52), a nonprofit executive — was focused on building a secure financial future that reflected their shared goals. Paul and Jordan never had children, but they provided financial and emotional support for Paul’s […]
SpaceX’s Growth Story Takes Center Stage Following an eventful and headline-grabbing IPO, SpaceX shares have begun to settle, allowing investors to focus on the company’s strong fundamentals and ambitious growth plans. The company has developed into an integrated infrastructure platform spanning space launch, global communications, and artificial intelligence. These businesses reinforce one another as reusable […]
Open enrollment is an opportunity to take a fresh look at your workplace benefits and consider whether your elections still align with your needs and financial goals. While it may be tempting to simply carry over last year’s choices, changes to your health, family, finances and risk comfort can all impact how you choose your […]