OpenAI logo NurPhoto via Getty Images There’s a lot of talk about AI as a bubble. Since ChatGPT’s launch, AI stocks have driven 75% of S&P 500 returns, 80% of earnings growth, and 90% of capex growth, according to Morgan Stanley data. But at this point, AI is no longer just a market story. The … Read more
NEW YORK (AP) — U.S. stocks hit records on Friday after an update on inflation came in a bit less painful than feared. The S&P 500 rose 0.8% and topped its prior all-time high, which was set earlier this month. The Dow Jones Industrial Average rallied 472 points, or 1%, and the Nasdaq composite climbed … Read more
When Nedra Agnew was working in the U.S. foreign service, her trajectory seemed clear: she was on a path that could one day have led to an ambassadorship. Then, in the early 2000s, her partner at the time was a financial advisor and was looking for a trainee with a CFP to join his team. … Read more