Finance

Everyone’s Talking About TSMC’s AI Boom. Smart Money Is Watching UMC Instead

The post Everyone’s Talking About TSMC’s AI Boom. Smart Money Is Watching UMC Instead appeared first on 24/7 Wall St.. Quick Read ...

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Carney's fiscal update plays a charming tune, but falls off at the end

I was standing in the Cathédrale Saint-Vincent in St. Malo, France, with my 82-year-old French mother and sister on the day the federal government’s spring economic update was released. The plaque...

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AI data center executives are raking in massive stock windfalls — some are cashing them out

Michael Intrator, CoreWeave's CEO.Bloomberg/Getty ImagesAI infrastructure firms are paying giant compensation to their senior executives, mostly in stock.CoreWeave's top executives sold off more sh...

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Answering 5 burning questions about GameStop's gutsy eBay deal

Brandon Bell/Getty ImagesGameStop wants to buy eBay, and CEO Ryan Cohen has lofty ambitions of challenging Amazon.Wall Street analysts are skeptical of how GameStop will finance the acquisition.Tha...

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Who is Shivon Zilis? Meet the Elon Musk exec who's set to testify on his behalf

Elon Musk and Shivon Zilis with their twins.Courtesy of Walter IsaacsonAI investor and developer Shivon Zilis is a longtime executive at Elon Musk's companies.She could testify as soon as Tuesday a...

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Companies laying off staff this year include Meta, Amazon, and Coinbase — see the list

GoPro is cutting 23% of its staff.Illustration by Budrul Chukrut/SOPA Images/LightRocket via Getty ImagesCompanies such as Meta, Amazon, and Coinbase have said they're trimming staff this year.Many...

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Can Professional Service Providers Help Encourage Small Businesses to Offer Retirement Plans?

Executive Summary The retirement plan coverage gap, which undermines the financial security of millions of U.S. workers, is driven by a lack of coverage among small employers. Despite variou...

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Can Service Providers Convince More Small Firms to Offer 401(k)s?

The brief’s key findings are: Professional service providers – e.g., accountants, bankers, advisors – are trusted partners who can help convince small firms to offer retirement plans...

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Wall Street loves to team up when tech threatens its business

Bloomberg/Getty ImagesThis post originally appeared in the Business Insider Today newsletter.You can sign up for Business Insider's daily newsletter here.Anthropic's new technique for nabbing custo...

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'Big Short' investor Michael Burry says he'll sell GameStop stock after the bold eBay offer

Michael BurryJim Spellman/WireImageMichael Burry says he'll sell at least some GameStop stock as the company aims to buy eBay."The Big Short" investor" has been bullish on GameStop and Ryan Cohen r...

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Inside Brooklyn's Little Italy pasta shop that uses a machine over 115 years old

Business InsiderQueen Ann Ravioli & Macaroni, a Brooklyn staple since 1972, offers unique pasta products.Manager George Joseph Switzer III uses early-20th-century machines he fixes himself.Swit...

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What the meme-stock faithful are saying about GameStop's attempt to buy eBay

Smith Collection/Gado/Getty ImagesGameStop is trying to buy eBay and fans of the meme stock love the idea. Traders online cheered the notion that GameStop could become the next Berkshire Hathaway. ...

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The Subscription Audit: How a Forgotten $9.99 Charge Could Make You $50,000

How many streaming services are you paying for right now? If you had to write the number down from memory, could you get within five dollars of the actual monthly total? When was the last time yo...

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The internet's favorite new finance meme: Jane Street interviews, but make them unhinged

Michael Nagle/Bloomberg via Getty ImagesJane Street, which just posted the best trading quarter in Wall Street history, is known for recruiting math whizzes.The firm's high pay makes it a competiti...

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A veteran CFO's advice for managing budgets in the AI era

Finance chiefs need to think through three areas, says veteran CFO Amy Butte.Amy ButteThis post originally appeared in the Business Insider Today newsletter.You can sign up for Business Insider's d...

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The most important skill in the AI era? Taste, says a Wharton expert

Westend61/Getty ImagesEthan Mollick, a Wharton professor and AI expert, said good taste is a key skill in the AI era.Mollick said on a podcast that standing out from AI-generated work matters.Tech ...

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Think It’s Too Late to Buy Micron? Here’s the Case for Getting In Now

The post Think It’s Too Late to Buy Micron? Here’s the Case for Getting In Now appeared first on 24/7 Wall St.. Quick Read ...

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I flew to Berkshire Hathaway's first big bash without Warren Buffett as host. I found an event with an uncertain future.

I snapped a picture in front of the welcome sign at Berkshire's meeting this year.Theron Mohamed/Business InsiderI flew to Omaha for Berkshire Hathaway's first shareholder meeting with Greg Abel as...

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I quit my full-time job at 26. Now I work remotely 10 to 20 hours a week while traveling with my partner.

After feeling burned out, the author said she quit her job at 21. Now, she spends her days focused on joy, not work.Courtesy of Catherine Work.I've chosen a lifestyle focused on time freedom over e...

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A doctor turned a pandemic pay cut into a 16-property portfolio. Here's the first step she took.

Real estate investors Jennifer and Paul Tessmer-Tuck.Jennifer Tessmer-TuckJennifer and Paul Tessmer-Tuck started buying real estate in 2020 to create another income stream.They started with what th...

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Remember the Pentagon Pizza theory? There's a new version for the AI era

AnnaStills/Getty ImagesA corporate food service has seen late-night and weekend orders surge, outpacing new user growth.The findings suggest these workers are logging more hours, even as some emplo...

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