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Coronavirus latest: Tuesday, July 21

On Tuesday, the House Energy and Commerce subcommittee held a hearing with Pharma companies on their efforts to develop coronavirus vaccines. Yahoo Finance’s Anjalee Khemlani breaks down the latest news about the coronavirus on The Final Round. …read more […]

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Tesla's Elon Musk just qualified for a $2.1 billion payday

Tesla’s stock was down 3% in afternoon trading, eroding a recent rally that has elevated the company’s market capitalization to almost $300 billion, larger than any other carmaker. Despite Tuesday’s stock dip, and importantly for Musk’s personal finances, Tesla’s six-month average market capitalization for the first time has reached $150 billion. …read more […]

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Gold Investing Continues to Shine

Trends Expert Matthew Carr details the impressive run gold investing has had this year, and what can be expected moving forward.

Investors are debating “U,” “V” or “W.” What type of economic recovery will it be? Well, there’s already plenty to celebrate this year. Equities have rebounded sharply from their 2020 lows.
The Dow Jones Industrial Average and S&P 500 are nearing breakeven for the year. The high-flying tech stocks on the Nasdaq are setting new all-time highs and are inching closer to a 20% gain for the year.
But there’s one asset that’s outperforming them all: gold.
And there’s no sign of its …read more […]

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6 Best Financial Independence Books for FIRE

The list of the financial independence books below is a game changer. There are lots of books out there, but most of them are overly wordy with little insight. That’s why I’ve compiled this list of the best books on the topic.
Within their pages, you’ll uncover time-tested strategies to improve your finances. And by following their lead, you can wipe out debt faster, build up your savings and set up sources of automatic income.
In the past few years, financial independence is catching more attention. In fact, there’s an entire movement around it…

Financial Independence Books and the FIRE Movement
The financial independence, …read more […]

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Chip Industry Sees Danger of AI in Explosion of Electricity Use

(Bloomberg) — The increasing use of artificial intelligence is going to extract a heavy price in power unless the chip industry steps up and heads that off, according to one of the industry’s biggest companies.Data centers are on course to consume 15% of the world’s electricity by 2025, according to Applied Materials Inc., the world’s largest maker of chip equipment. Those giant warehouses of computers currently suck in about 2%, the company said.“AI has the potential to change everything,” said Applied Materials Chief Executive Officer Gary Dickerson speaking in a prerecorded remote keynote for the industry’s Semicon West conference. “But …read more […]

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Tesla earnings preview: Profit prospects in focus after stock's 286% year-to-date rally

Tesla (TSLA) is set to post second-quarter results after the closing bell on Wednesday, with market participants anxiously awaiting the report after the electric vehicle-maker bucked the trend of the broader auto industry and reported better than expected quarterly deliveries. …read more […]