Millions of Americans could be eligible for pandemic-era tax refunds based on Kwong v. United States ruling. Here's the deadline and who qualifies.
Despite market volatility driven by geopolitical tensions and concerns over AI demand sustainability, top Wall Street analysts are recommending Amazon (AMZN), Marvell Technology (MRVL), and Advanced Micro Devices (AMD). Analysts cite strengths in cloud, AI infrastructure, and semiconductor demand for their optimistic outlooks.
A poll shows 69% of Americans want AI firms to transfer 50% of their stock to a public sovereign wealth fund, amid tech layoffs and corporate profit growth. Senator Bernie Sanders has proposed similar legislation.
Aldi's new Manhattan store, hidden in a luxury apartment complex basement, offers steep discounts on groceries, attracting bargain hunters like Mary Porter. This expansion targets dense urban areas, challenging traditional grocers with its efficient, private-label model, though analysts see Walmart as an insurmountable competitor.
A nearly complete Tyrannosaurus Rex specimen named Gus is expected to sell for over $30 million at Sotheby's, sparking debate about whether scientifically important fossils should be reserved for museums or sold to private collectors.
Wall Street experienced volatility as the AI trade and U.S.-Iran tensions impacted markets. The Dow briefly hit a record before declining, while chip stocks saw sharp swings. Meta Platforms surged on AI strategy announcements, and oil prices rose amid Middle East concerns.
ETF Action co-founder Mike Akins suggests investors increase exposure to underperforming software, cloud computing, and disruptive tech stocks. He sees potential for these mid- and small-cap names to outperform mega-cap tech and semiconductors in the second half of the year.
