In April, a surge in AI-driven tech stocks boosted the net worth of top billionaires, with Google co-founder Larry Page joining the $300 billion club after Alphabet shares rose over 33%. Elon Musk stayed the richest person globally with $782 billion, despite a $35 billion decline due to a revised SpaceX stake estimate. The S&P 500 and Nasdaq saw strong gains, lifting the combined wealth of the world's top ten billionaires to $2.7 trillion. Other notable changes included Sergey Brin rising to third place and Jeff Bezos slipping to fourth despite a $49 billion increase in his fortune.
Municipal bonds, after a weak start in 2026, have recovered and are on track for a third consecutive year of record issuance, signaling strong market activity. Intermediate municipal bonds now offer a 150 to 200 basis point yield advantage over gover...
Nvidia's Kyber rack-scale architecture, designed to house its 2027 Rubin Ultra chips, has been delayed to 2028 due to difficulties in manufacturing a key circuit board. This delay disrupts Nvidia's aggressive product release schedule and may allow co...
Google released a humorous commercial imagining the Founding Fathers using Google Workspace tools like Docs, Calendar, and Meet to draft the Declaration of Independence in 1776. The ad features AI tools such as Google's 'help me visualize' and Gemini...
The S&P 500 has gained 9.3% year-to-date, with small and microcap stocks outperforming larger companies. Technology sectors lead gains, driven by enthusiasm around AI, while Communication Services lag but may present buying opportunities. Commodities...
French President Emmanuel Macron and Indian Prime Minister Narendra Modi are actively courting major tech CEOs to secure investments in AI data centers, cloud infrastructure, and semiconductor development. Macron successfully persuaded SoftBank to in...
