Rezolve AI Stock Surges on Bullish Analyst Notes
Rezolve AI's stock rose nearly 9% after two analysts published optimistic reports, with one raising the price target to $12 per share.
Nvidia Reaches Top Market Valuation Amid AI Chip Demand
Nvidia has become the world's largest company with a $4.5 trillion market cap after its stock surged over 13-fold in five years, driven by AI chip demand. Analysts see continued growth potential.
DoubleTree Hotel in Cleveland to Shut Down Amid Broader Industry Pressures
A DoubleTree by Hilton in Downtown Cleveland will close permanently on January 30, 2026, laying off 66 workers. This is part of a series of closures for the brand as the hospitality industry faces ongoing challenges.
SK Hynix Invests $13 Billion in New AI Memory Plant Amid Industry Expansion
SK Hynix announced a $13 billion investment for a new AI memory packaging facility in Cheongju, South Korea, as competitors like Samsung and Micron also ramp up production amid surging demand.
Major Banks Report Mixed Fourth Quarter Earnings
Major financial institutions reported Q4 earnings with mixed results. Bank of America's wealth unit saw record income, but Wells Fargo and JPMorgan stocks fell. Executives emphasized focus on wealth management growth.
Athene Report Warns of Retirement Risks as Population Ages
A new report from Athene highlights retirement planning challenges for 2026, citing market concentration and inflation risks amid a $4 trillion savings gap and growing private asset integration.
Wells Fargo Reports Growth After Fed Asset Cap Lifted
Wells Fargo's net income rose 5.5% to $5.4 billion in 2025, though severance costs impacted results. CEO Charlie Scharf said the bank can now compete on a level playing field after the Fed's asset cap was removed.
Saks Global Files for Bankruptcy Protection Amid Retail Struggles
Saks Global, parent of Saks Fifth Avenue, filed for Chapter 11 bankruptcy on Wednesday, securing $1.75 billion in financing and appointing a new CEO. The company faces vendor disputes and sparse shelves after its debt-fueled Neiman Marcus merger.
Intel Stock Rises as 2026 Server Capacity Nears Sold Out
Intel shares closed up 3.02% on Wednesday, with trading volume 60% above average. The company's server CPU capacity for 2026 is nearly sold out, amid AI demand and broader market movements.
New FPA President Draws on Teaching Background to Shape Financial Planning
Dan Galli, new president of the Financial Planning Association, discusses his transition from teaching, his goals to improve public understanding of financial planning, and challenges for advisors.
Financial Strategies for Protecting Assets from Long-Term Care Costs
Medicaid's strict eligibility rules and high nursing home costs prompt asset protection strategies like trusts and annuities, though these tools have limitations and require careful planning.
Wall Street Stabilizes as AI Stocks Rebound and Oil Prices Drop
U.S. stocks steadied Thursday with AI shares recovering after TSMC's strong report and oil prices falling sharply, while earnings season continued.
Wells Fargo CFO Warns of Credit Access Reduction
Wells Fargo CFO Mike Santomassimo says the bank had strong loan momentum this quarter but warns a presidential proposal would reduce consumer credit access.
Netflix's Warner Bros. Acquisition Bid Faces Paramount Hostility Amid Asset Valuation Dispute
Netflix's $72B bid for Warner Bros. Discovery faces a hostile takeover attempt by Paramount Skydance, which claims cable assets are worthless, but recent analyst coverage suggests higher value.
WuXi AppTec Reports Strong 2025 Results and Backlog at JP Morgan Conference
WuXi AppTec's co-CEO presented 2025 financials at the JP Morgan Healthcare Conference, citing growth from its CRDMO model and late-stage projects. Revenue reached 45.5bn yuan, with a backlog over 55bn yuan.