Author: Money Mechanics

Key Takeaways The S&P 500 and Nasdaq slipped from their record highs Tuesday as the Federal Reserve’s two-day meeting kicked off. Warner Bros. Discovery shares fell as the stock was downgraded by TD Cowan, citing concerns the stock could tumble if a takeover by Paramount Skydance isn’t carried out.Shares of Dave & Buster’s Entertainment also plunged after the arcade and restaurant chain missed profit and sales estimates. The S&P 500 and Nasdaq slipped from record highs Tuesday as the Federal Reserve’s two-day meeting kicked off. The Dow also edged lower. Warner Bros. Discovery (WBD) was the worst-performing stock in the S&P…

Imagine taking a five-hour flight, then following it up with a 24-hour flight without leaving the plane. Sound fun? Then China Eastern Airlines has a ticket to sell you—for a flight that would put you among the world’s most dogged long-range air travelers. The carrier recently put up for sale tickets for a trip between its home base, Shanghai, and Buenos Aires, Argentina, with flights beginning in early December. The airline will fly the routes twice weekly in each direction, with brief stops in Auckland, New Zealand, to let off and pick up passengers. (The legs between Shanghai and Auckland…

Key Takeaways Despite many Americans doubting the value of a college degree, the household income gap between college graduates and high school graduates has widened, with college degree holders earning more than twice as much: $132,700 compared to $58,410.The median lifetime return on a college education is 12.5%, beating long-term returns from stocks and bonds, according to research from the New York Federal Reserve.While sticker prices for college are high, most students receive grant aid which makes college more affordable than some may assume. Although many are skeptical of the value of a college education, in most cases, it still…

Key Takeaways Novo Nordisk said research on an experimental weight-loss drug that works differently than current ones produced positive results. Data showed those who took cagrilintide lost an average of 27.6 pounds over 68 weeks in the Phase 3 trial.Novo Nordisk will take the drug into a dedicated Phase 3 clinical program later this year. U.S.-listed shares of Novo Nordisk (NVO) gained after the drugmaker reported positive results from a late-stage study of a weight-loss drug that works differently than traditional GLP-1 inhibitors. The company said the Phase 3 trial of cagrilintide found patients taking it over 68 weeks had…

Concerns about sticky inflation, an uncertain employment situation and geopolitical unrest loom large in the big picture. But it’s important for investors to understand the stock market is still up in 2025. And a select group of multibagger stocks has delivered the kind of phenomenal returns you see in the hottest bull markets.If you’re unfamiliar with the jargon, “multibagger stocks” deliver profits at a multiple of your initial investment. Doubling your money is difficult enough. So when a stock delivers “3X” or “5X” profits – that’s three times or five times your original investment – it’s definitely something to be…

Adial Pharmaceuticals, Inc. ADIL on Tuesday received the final meeting minutes from its End of Phase 2 (EOP2) Meeting with the U.S. Food and Drug Administration (FDA) held in July.The minutes provide the FDA’s formal input into the AD04 Phase 3 adaptive clinical trial design and broader clinical development strategy.The objective for the EOP2 Meeting was to align with the FDA on the design of the Phase 3 clinical development program for AD04, the company’s lead investigational drug, a serotonin-3 receptor antagonist, being developed for the treatment of Alcohol Use Disorder (AUD) in individuals with heavy drinking and select genotypes.Read…

Disclosure: Our content is not financial advice. Perform due diligence and speak to a financial advisor before making any decisions with your savings. We may earn commissions from products reviewed. (Learn more) Pacific Debt Relief (www.pacificdebt.com) is a San Diego based debt relief company that focuses on debt settlement for unsecured debts like credit cards, medical bills, and personal loans. The company positions its program as a way to resolve debt in roughly two to four years with no upfront fees. In my experience reviewing this industry, Pacific Debt Relief is a credible option, but I always recommend comparing it…

“Agent Network puts unparalleled AI targeting at your fingertips, giving you the tools to target, filter and connect with the right brokers and agents in seconds,” Shayan Hamidi, CEO of Rechat, said in a statement. Real estate professionals say the tool has delivered tangible results. Raymond Dillulio of the Eklund Gomes Team at Douglas Elliman said Agent Network helped secure a $10 million deal. “Using Rechat to quickly network directly to potential customers on a regular basis has been extremely helpful, especially with off-market properties,” he said. Michael Saunders & Co. also reported obtaining a $2 million offer through a…

While many robotics companies are building human-sized robots, or working to automate entire factories, MicroFactory is instead trying to think big by building small.   San Francisco-based MicroFactory built a general-purpose, tabletop manufacturing kit that’s about the size of my Siberian Husky’s dog crate. This compact factory includes two robotic arms and can be trained by human demonstration, as well as through AI.   “General purpose robots are good, but it’s not necessary [to] be humanoid,” said Igor Kulakov, the co-founder and CEO of MicroFactory, in an interview with TechCrunch. “We decided to design robots from scratch that will still be general…

Key Takeaways Tesla shares are trading at their highest levels since January after gaining ground for five straight days, with the latest boost coming from news that CEO Elon Musk had purchased about $1 billion worth of the company’s stock. The stock broke out from a four-month symmetrical triangle last week, setting the stage for a continuation move to the upside.Investors should watch a crucial overhead area on Tesla’s chart around $489 and major support levels near $367 and $330. Tesla (TSLA) shares are trading at their highest levels since January after gaining ground for five straight days, with the latest…