San Francisco voters defeated Measure D, a proposal to increase taxes on large companies with highly paid executives by expanding the CEO pay ratio tax. The measure, which needed a simple majority, failed with 53.64% voting against it. Supporters argued it would reduce income inequality and fund city services, while opponents, including business groups and tech leaders like Google co-founder Sergey Brin, warned it could harm economic recovery and competitiveness. The result signals a shift toward more centrist economic policies as the city aims to attract investment amid an AI-driven boom and business departures.
Palantir Technologies' shares fell slightly in a mixed market environment, with the stock trading below key moving averages signaling bearish sentiment. CEO Alex Karp criticized companies for 'token maxing'—using AI superficially rather than for mean...
In 2026, value stocks with real dividends have matched or outperformed the broader market, led by three ETFs: Capital Group Dividend Value ETF (CGDV), JPMorgan Active Value ETF (JAVA), and Pacer US Cash Cows 100 ETF (COWZ). CGDV stands out with a 10%...
Intel's stock jumped after reports that Google and Nvidia are considering Intel as a backup manufacturer for advanced AI chips, with Google reportedly ordering over 3 million Tensor Processing Units for 2028. Nvidia is also testing Intel's technology...
A record surge in equity supply is expected in 2026, with mega-IPOs like SpaceX, OpenAI, and Databricks combined with lockup expirations potentially flooding the market with over $700 billion in new shares. This surge coincides with the S&P 500 reach...
