Personal Finance

Why Did Wolfspeed Stock (WOLF) Skyrocket 86.4% This Week?

Why Did Wolfspeed Stock (WOLF) Skyrocket 86.4% This Week?

The embattled chipmaker avoids catastrophe for now. Shares of Wolfspeed (WOLF 24.20%) skyrocketed this week, finishing up 86.4%. The rise comes as the S&P 500 and Nasdaq-100 gained 1.6% and 1.9%, respectively. The embattled chipmaker’s stock jumped this week after the company announced that its reorganization plan received bankruptcy court approval. Court approval clears path

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Dow Slips as Nasdaq Hits New Record High; Telsa Leads Tech Stock Higher

Dow Slips as Nasdaq Hits New Record High; Telsa Leads Tech Stock Higher

Tesla’s Rising Stock Is Moving Toward Break-Even for 2025 12 minutes ago Tesla’s stock is on the rise. Shares of the electric vehicle maker, up 10% this month through Thursday’s close—and up another 6% so far today—are on a roll. Though it’s been bumpy, Tesla (TSLA) stock has climbed off year-to-date lows around $222, seen

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What Is One of the Best Artificial Intelligence (AI) Stocks to Buy Now?

What Is One of the Best Artificial Intelligence (AI) Stocks to Buy Now?

This dominant internet enterprise is one of the most valuable companies on Earth. Whether you love it or hate it, it’s increasingly looking like artificial intelligence (AI) is a major technological shift that will have huge implications for our economy over the long term. Investors can no longer ignore this trend. It’s a smart move

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OpenAI’s Nonprofit Parent to Own More Than $100B Stake in ChatGPT Maker

OpenAI's Nonprofit Parent to Own More Than $100B Stake in ChatGPT Maker

KEY TAKEAWAYS OpenAI said its nonprofit parent will have an equity stake of more than $100 billion in the ChatGPT maker, making it “one of the most well-resourced philanthropic organizations in the world.” OpenAI also signed a non-binding memorandum of understanding with backer Microsoft to extend their partnership. Separately, Microsoft avoided a potentially massive antitrust

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Is Figma Stock a Buy Now?

Is Figma Stock a Buy Now?

Figma stock has pulled back substantially following its IPO. Shares of Figma (FIG 9.79%) have fallen off a cliff following the company’s initial public offering (IPO) just over a month ago. The initial investor enthusiasm about this cloud-based provider of collaborative digital design tools that help customers make websites, apps, and other digital products has

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