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'A Resilient American Economy': 3 Takeaways From Big Bank Earnings

by The Wealth Advisor Contributor
(Yahoo! Finance) - Wall Street is still roaring as Main Street is hanging tough.The nation's biggest banks just reported first quarter earnings, with Bank of America (BAC) and Morgan Stanley (MS) on Wednesday cementing a profit boost across the nation's largest banks.

Featured

HIVE Digital Announces Upsizing And Pricing Of Private Offering Of US$100 Million Of 0% Exchangeable Senior Notes Due 2031

(HIVE Digital Technologies Ltd.) - (TSX.V: HIVE) (Nasdaq: HIVE) (BVC: HIVECO) (the “Company” or “HIVE”), a global leader in sustainable digital infrastructure and AI compute, today announced the pricing of US$100 million aggrega

New York Fed President Says Iran War Could Pressure Inflation Higher While Dampening Economic Growth

New York Federal Reserve President John Williams emphasized that escalating geopolitical tensions in the Middle East are introducing meaningful downside and upside risks to the U.S.

The AI Trade Nobody’s Talking About: Pacer ETFs’ USAI Targets the Energy Behind the Buildout

Sean O’Hara has been talking about artificial intelligence infrastructure longer than most advisors have bee

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Economy

Professor Who Called Dow 20,000 Says He’s Nervous About Trends

Wharton professor credited with calling Dow 20,000 in 2015 told CNBC during a Wednesday interview is “nervous about the trends I see in inflation.

Companies

Robinhood’s Popularity Is Fading Away With Meme Stock Fad

Robinhood Markets Inc.’s metrics of active users and app downloads plunged during the third quarter.

Tax Protection

Reforming Federal Capital Gains Taxes Would Benefit States, Too

Congress’s action or inaction on federal tax changes could have important implications for states on many fronts.

Living Rich

Democrats Missing Big Picture on Taxes

America’s super-wealthy have had an expansive pandemic. The ratio of America’s billionaires’ worth to gross domestic product has risen by a third.

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Charles Schwab Accelerates AI Strategy

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Allbirds Stock Soars Nearly 600% As The Shoemaker Rebrands As An AI Company

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JPMorgan CEO Jamie Dimon Downplays Private Credit Concerns: 'Not Particularly Worried'

The Trust Advisor

David Geffen Settles His Divorce From Donovan Michaels

ETF Innovators

MUSQ’s David Schulhof on Why the Music Industry Is Wall Street’s Most Overlooked Opportunity

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