Author: Money Mechanics

BUSAN, SOUTH KOREA – OCTOBER 30: U.S. President Donald Trump greets Chinese President Xi Jinping ahead of a bilateral meeting at Gimhae Air Base on October 30, 2025 in Busan, South Korea. Andrew Harnik | Getty Images News | Getty ImagesChinese President Xi Jinping said Thursday that Beijing and Washington should be “partners and friends,” at his meeting with U.S. President Donald Trump on addressing trade and tariff concerns.The meeting concluded in about one hour and 40 minutes, according to Chinese state media, with the two leaders shaking hands before leaving the venue without making public comments. This is the…

Magic LeapFollow ZDNET: Add us as a preferred source on Google.ZDNET’s key takeawaysMagic Leap extended its partnership with Google. The companies showed a prototype of AR/AI smart glasses. The collaboration merges strong features from each company.Magic Leap plans to bring its over 15 years of experience in the AR space to the booming AI smart glasses market through a continued partnership with Google XR. Also: I wore the Meta Ray-Bans’ successor for a month, and my buying verdict is two-foldOn Wednesday, Magic Leap published a blog post detailing its plan for its next-generation AR glasses. In its collaboration with Google, the company said that it is…

Key Takeaways Buffett calls self‑development “the best investment by far” because skills can’t be taxed or “inflated away.”The next‑best hedge is to own stock in companies whose products require little new capital but can raise prices at the rate of inflation or even higher.Firms built on royalty-like models or networks often convert revenue to cash without big reinvestments, giving them room to outpace rising costs. Inflation may ebb and flow, but Warren Buffett’s two lessons for fighting it are timeless. Become so good at what you do that people will pay a premium for your skills.Own stock in businesses that don’t…

Key Takeaways Federal Reserve Chair Jerome Powell said it was “not a foregone conclusion” that the Fed will cut interest rates in December.Before Powell’s press conference, financial markets had priced in a 90% chance of a December rate cut, which fell below 60% Wednesdsay afternoon. The Federal Reserve’s policy committee won’t necessarily cut interest rates in December, contrary to what financial markets had expected.Federal Reserve Chair Jerome Powell upended financial market bets that the Fed’s policy committee would lower its benchmark interest rate for a third consecutive meeting in December. Speaking at a press conference following the Fed’s decision to cut…

Financial headlines have been jarring this year. Stocks in the world’s largest companies have repeatedly experienced significant swings. Experts warn of an artificial intelligence (AI) stock bubble ready to burst. Your portfolio can feel like it’s on a roller coaster. You worry that your portfolio could plunge with the next market gyration. But Buffett’s 90/10 rule can be your motion sickness pill in the stock market’s next wild ride. This simple strategy calls for investing 90% of your portfolio in low-cost index funds and 10% in Treasurys. Buffett’s approach can help keep you focused on the smoother long game—not the…

Key Takeaways Google parent Alphabet’s third-quarter results topped Wall Street estimates, with revenue surpassing the $100 billion mark for the first time. All of the company’s segments, including its search engine service. recorded revenue growth of at least 10% year-over-year.Search growth is important for Google, as some had said the company’s business could slow because of the popularity of ChatGPT and other chatbots. Alphabet’s (GOOGL) third-quarter results topped analysts’ expectations, as the tech giant surpassed $100 billion in revenue for the first time. The parent company of Google and YouTube late Wednesday reported earnings per share of $2.87, up from…

Key Takeaways Strong earnings and guidance helped boost an electronic test equipment provider and a data storage specialist on Wednesday, Oct. 29, 2025, while soft results weighed on a fintech firm.Shares of Teradyne and Seagate Technologies surged following strong earnings reports, boosted by AI demand.Digital banking and payment processing solutions provider Fiserv missed quarterly estimates, and its shares dropped. Shares of a chip testing equipment provider and a data storage company notched solid gains as artificial intelligence demand helped drive strong quarterly earnings, while a financial technology firm came under pressure following soft results and a leadership shakeup. Major U.S.…

Key Takeaways Microsoft said its capital expenditures climbed to $34.9 billion in its fiscal first quarter, up from $24.2 billion in the fourth quarter as the company races to keep up with AI demand. Microsoft’s quarterly earnings topped analysts’ estimates, as AI continued to drive sales for its cloud computing service Azure. Microsoft reported a massive spike in its spending as the tech giant works to meet booming demand for artificial intelligence.  The tech giant said Wednesday that its capital expenditures surged to $34.9 billion in its fiscal first quarter, up from $24.2 billion in the fourth quarter, with most…

rebounded emphatically from Tuesday’s low near 3,901, reclaiming the VC PMI Daily Pivot at 3,973, which flips the short-term bias to bullish. Our cycle composite—30-, 60-, 90- and 360-day harmonics anchored to the 9/28/25 cycle date—projects a series of higher swing highs into December. The 30-day rhythm drives near-term oscillations, while the 60/90-day waves provide the mid-trend cadence; a gently rising 360-day wave supplies the structural tailwind. This confluence sketches a path that respects mean reversion yet targets progressively higher equilibrium. From a levels’ standpoint, the first objective is Sell-1 (4,044), already interacting as near-term resistance; a decisive daily close…

After 2008, there was a small community who always predicted repeats of The Financial Crisis. The problem the doom-mongers faced was the back side of “The Minsky Cycle”: actors react to a crisis by reducing risk and taking steps to avoid repeating the exact same crisis. That was done throughout the financial system (including Canadian regulators who changed their housing market policies, which was my worry at the time). However, memories fade — and new ways to spawn a crisis pop up.Financial crises of varying strength have popped up on a frequency of (roughly) once per decade in the United…