Author: Money Mechanics

Key Takeaways To celebrate the year, Robinhood will award a 2,025-gram gold prize to one lucky winner, while 2,024 winners will receive a 1-gram bar of gold each.Net deposits made to a Robinhood brokerage account between Dec. 1 and Dec. 17 count as entries, but you can also send a mail-in entry that doesn’t require an account.The grand prize is tempting, but the long odds mean it’s worth considering whether the effort and commitment make sense for you. Inside the New Gold Giveaway: What Robinhood Is Actually Offering As 2025 winds to a close, online brokerage Robinhood is marking the year…

Oracle has some new deals with big AI names. That news wasn’t enough to keep its stock from plummeting late Wednesday after the company released its quarterly results. The cloud infrastructure giant said Wednesday new agreements with AI chipmaker Nvidia (NVDA) and Meta Platforms (META) helped drive its backlog to a record $523 billion. However, Oracle’s fiscal second-quarter revenue of $16.06 billion, while up 14% from the year-ago period, came in below analysts’ estimates, offsetting better-than-expected adjusted earnings of $2.26 per share. Oracle (ORCL) shares were down 11% in recent after-hours trading. Why This Matters to Investors Oracle’s stock has…

Key Takeaways Today’s Fed cut was widely expected, but it still signals that savings and CD yields will likely begin drifting a bit lower in the coming weeks.The Fed’s 2026 outlook is unusually scattered, from a quarter-point hike to cuts of a point or more, underscoring how much uncertainty policymakers face as they assess inflation and jobs risks.High-yield savings accounts and the top CDs are still smart, letting you earn solid returns on your cash while rates are still historically high. What the Fed’s December Rate Cut Means for Your Savings As widely expected, the Federal Reserve ended the year…

Key Takeaways Women today are less interested in promotions than men—a phenomena that occurs when women don’t receive the same level of support, according to a new report. The annual report from McKinsey and Lean In comes as fostering diversity is a priority for less companies than it was in years past. Climbing the corporate ladder is growing more daunting for women.  Women are less interested in promotions than men for the first time in 11 years, according to annual worker and employer surveys released this week by McKinsey, a consulting firm. This “ambition gap” shows up when women receive…

Key Takeaways The Fed cut interest rates Wednesday to help boost the job market, and upcoming economic data will show if the job market is still weakening, as it has been for the past few months.Fed officials are divided about whether to cut interest rates again or keep them higher for longer to quash inflation. The Federal Reserve cut its key rate by a quarter-point Wednesday for the third time in as many meetings—but it’s far from certain that more cuts are on the way anytime soon.Wednesday’s move brought the fed funds rate to a range of 3.5% to 3.75%.…

As more and more shoppers turn to Walmart for both everyday essentials and their holiday shopping, you might be wondering whether you can really get gift-worthy items from the budget-friendly retailer. The answer is, you absolutely can.The retailer has taken big steps over the last couple of years to revamp its fashion selection and bring in more premium brands in a bid to get wealthy shoppers to shop at Walmart.Walmart is an especially great place to shop for all the little ones in your life. From the top trending toys for toddlers and kids to the most coveted brands for…

(Image credit: Getty Images)The oldest of the three main U.S. equity indexes opened higher and held its ground all the way through a widely expected rate-cut announcement, Fed Chair Jerome Powell’s press conference and the closing bell on Wednesday. The S&P 500 and the Nasdaq Composite were up and down throughout Fed Day but also surged on what many market participants may see as a “Goldilocks” scenario unfolding for the economy.After a third-quarter-point reduction since September, the target range for the federal funds rate is now 3.50% to 3.75%. According to Louis Navellier of Navellier & Associates, the latest move…

Key Takeaways Eli Lilly said it plans to build a $6 billion facility in Alabama to produce its experimental weight-loss pill, orforglipron.The drugmaker anticipates seeking approval for orforglipron from regulators by the end of the year. With demand for weight-loss drugs soaring and an agreement with the White House to produce more medicine in the U.S., Eli Lilly (LLY) is taking steps to boost its domestic output. The drugmaker said Tuesday it plans to build a $6 billion facility in Huntsville, Alabama to make medicines including orforglipron, its experimental pill to treat obesity and Type 2 diabetes. The company plans…

Key Takeaways Bitcoin popped a bit after today’s Fed decision, though around the close of regular trading the crypto coin had given back some of its gains. Crypto investors may have been signaling both relief that the Fed delivered its rate cut as expected, and concern that its plans aren’t as aggressive as some hoped. Bitcoin got some of what it wanted from the Fed today. But what’s next? The price of bitcoin (BTCUSD) climbed toward $94,000 as the Federal Open Market Committee cut its target rate by a quarter percentage point, as widely expected, then handed back a few…

Vision Capital Fund, an investment management company, released its third-quarter 2025 investor letter. A copy of the letter can be downloaded here. The fund returned +15.6% net, YTD, compared to +14.8% for the S&P 500 for the same period. Since its inception on October 1, 2024, the fund has returned a cumulative of +27.8% net, compared to +17.6% for the S&P 500. Additionally, you can check the fund’s top 5 holdings to determine its best picks for 2025. In its third-quarter 2025 investor letter, Vision Capital Fund highlighted stocks such as Lululemon Athletica Inc. (NASDAQ:LULU). Lululemon Athletica Inc. (NASDAQ:LULU) designs,…