Jaap Arriens/NurPhoto via Getty ImagesHoping to invest in artificial intelligence? Today's "niche" companies and those seen as AI leaders are unlikely to be the biggest winners for long-term investors, said Barry Glassman, a certified financial planner and member of CNBC's Advisor Council."I've been through this enough to see that...
Ten milligram tablets of the hyperactivity drug, Adderall, made by Shire Plc.Jb Reed | Bloomberg | Getty ImagesIt's been 10 months since the Food and Drug Administration first announced a nationwide shortage of Adderall — one of the most widely used medications for attention deficit hyperactivity disorder — and...
SpaceX's Falcon 9 rocket with the company's Crew Dragon spacecraft on top is seen after sunset at Launch Complex 39A ahead of the launch of the Crew-7 mission.Joel Kowsky / NASASpaceX launched four people to the International Space Station from Florida as Elon Musk's company begins its 11th human spaceflight mission...
Wholesalers may find it harder to gain the attention of financial advisors as the market becomes increasingly competitive. For an intermediary or asset manager, the stakes are high, with advisors indicating that those in their top three relationships account for more than 44% of their overall assets. This has increased...
Nvidia Corp. shares were set to hit a record high in early trading after the chipmaker at the forefront of an industrywide artificial intelligence race delivered a third-straight sales forecast that surpassed Wall Street estimate. Shares rose 8.7% to $512 before markets in New York opened on Thursday after Nvidia...
The US Securities watchdog has accused Fundrise Advisors, LLC, of violating the country’s cash solicitation rules by paying over 200 social media influencers and online newsletter publishers to solicit clients for its investment platform. The Securities and Exchange Commission (SEC) announced today (Tuesday) that the Washington-based investment advisor did not require the influencers to provide...
Traditional banking institutions are confronting a powerful competitor in the ever-changing world of finance: fintech. Revolut, a revolutionary fintech business that has shook the foundations of traditional banking, is at the forefront of this upheaval. Don't miss London's premier financial event! 3,500+ attendees, 150+ speakers, and 120+ exhibitors await...
Violetastoimenova | E+ | Getty ImagesBy some measures, Americans have never been more in the red.In the second quarter of 2023, total credit card debt surpassed $1 trillion for the first time ever, which helped bring total household debt to $17.06 trillion, also a fresh record, according to the New...