Author: Money Mechanics

Key Takeaways Broadcom shares lost ground in early trading Tuesday, giving back a portion of the big gains posted yesterday following news that the chip giant had forged a deal with ChatGPT maker OpenAI.Buying in the stock accelerated yesterday on the highest trading volume in over a month, a move that coincided with the relative strength index reclaiming the 50 threshold to signal a return of bullish price momentum.Investors should watch key overhead areas on Broadcom’s chart around $374 and $415, while also monitoring important support levels near $324 and $291. Broadcom (AVGO) shares dropped Tuesday morning, giving back a…

Key Takeaways JPMorgan Chase CEO Jamie Dimon says the economy has been holding up well, but faces a “heightened degree of uncertainty” with geopolitical tensions, shifting trade policies and the potential for inflation.His company posted its latest quarterly financial results today, one of several leading financial firms on this week’s earnings calendar. The U.S. economy is facing “a heightened degree of uncertainty,” JPMorgan CEO Jamie Dimon said Tuesday. The economy has been fairly “resilient,” despite some indications of softening, such as limited job growth, Dimon said. The path forward, he said, is less certain, given several “complex factors.” “There continues…

By Saeed Azhar and Ateev Bhandari NEW YORK (Reuters) -Goldman Sachs beat Wall Street expectations for third-quarter profit on Tuesday, as its investment bankers earned higher advisory fees and rallying markets boosted revenue from managing client assets. The bank’s prediction for a banner year for dealmaking has materialized as corporations revive plans for mergers and listings. Goldman’s investment banking fees surged 42% to $2.66 billion in the quarter ended September 30 from a year ago. Analysts were expecting a 14.3% increase, according to the average estimate compiled by LSEG. A Goldman executive said the firm advised on $1 trillion in…

In-brief analysis October 14, 2025 Data source: U.S. Energy Information Administration, Short-Term Energy Outlook, October 2025Note: Export capacity includes total flexport capacity, which includes other hydrocarbon gas liquid export capacity. U.S. ethane exports are poised for significant growth through 2026, driven by robust global demand for ethane as a petrochemical feedstock, substantial U.S. export capacity expansions, and larger vessels to carry ethane exports. In our October Short-Term Energy Outlook, we forecast U.S. ethane net exports will grow 14% in 2025, followed by a 16% rise in 2026. The United States does not…

U.S. Treasury Secretary Scott Bessent speaks to the press, on the day of U.S.-China talks on trade, economic and national security issues, in Madrid, Spain, September 15, 2025. Violeta Santos Moura | ReutersTreasury Secretary Scott Bessent accused China of trying to weaken the global economy by slapping export controls on resources vital for technology.In an interview with the Financial Times, Bessent said the moves over rare earths and minerals are an attempt by China “to pull everyone else down with them.””If they want to slow down the global economy, they will be hurt the most,” he said.The move by China…

ZDNETFollow ZDNET: Add us as a preferred source on Google.ZDNET’s key takeawaysWindows 10 support has ended, making Linux a possible alternative.It’s a good time to consider switching from Windows to Linux.Switching to Linux can extend your computer’s life and performance.I can still remember when I decided to install Linux on my very first computer (a Pentium 75). I’d been using Windows 95 and found myself more frustrated than not. I was experiencing constant blue screens of death, couldn’t make the OS behave how I wanted, the software was expensive, and I hated the way it looked.So, I installed Linux over…

Stock futures pointed lower as trade tensions with China re-escalated Tuesday, a day after indexes rebounded from Friday’s sharp losses, and big banks began reporting third-quarter results.  Futures associated with the tech-heavy Nasdaq, benchmark S&P 500, and blue-chip Dow Jones Industrial Average were down a respective 1.2%, 0.9%, and 0.5%. Yesterday, the Nasdaq, S&P 500 and Dow Jones Industrial Average ended up a respective 2.2%, 1.6%, and 1.3% after President Donald Trump wrote on his social media platform Truth Social, “Don’t worry about China, it will all be fine!” Last Friday, indexes tanked after Trump threatened “massive” tariffs on China. However, China subsequently imposed…

It’s a message we frequently repeat at Advisors Excel: When record-breaking results are achieved — as they have been in recent years by many financial professionals — it’s easy for complacency to set in.Sales is the lifeblood of any business, and complacency can be its biggest threat. It’s easy to do what we’ve always done, but to grow, we must commit to continuous improvement. Something as little as a 5% improvement in your conversion rate can lead to significant growth.This isn’t just about attracting new clients; it’s about optimizing every interaction, from the first meeting to the follow-up touches. From…

America is minting “everyday millionaires” faster than ever before — 1,000 per day in 2024, according to the UBS Global Wealth Report 2025.But for many people, having a seven-plus-figure net worth doesn’t necessarily translate into feelings of financial security.In fact, according to Northwestern Mutual’s Planning & Progress Study, only one-third (32%) of American millionaires consider themselves “wealthy,” and nearly half (48%) say their financial planning needs improvement. From just $107.88 $24.99 for Kiplinger Personal Finance Be a smarter, better informed investor. CLICK FOR FREE ISSUE Sign up for Kiplinger’s Free Newsletters Profit and prosper with the best of expert advice…

Key Takeaways Major insurers, including Aetna CVS Health, UnitedHealthcare, and Blue Cross Blue Shield, are reducing their 2026 Medicare Advantage (MA) offerings. Small insurers that specialize in certain markets are also terminating their MA plans, largely due to high expenses and lower reimbursement rates from the federal government for patient care. If your MA plan is canceled, you can switch to a new one or Original Medicare during this open enrollment season, following helpful guidelines outlined below. People on Medicare Advantage (MA) need to pay careful attention this open enrollment season. Multiple insurers are significantly reducing the number of plans…