With a large amount of anxiety and perhaps a touch of dread, the time has finally come – Election Day. And that means that within the next few hours – or possibly days – we will have chosen a new president of the United States.  Now, that’s a big deal for a lot of reasons. 

Tom Yeung here with this week’s Sunday Digest.   Last week, I told you the story about news magnate Charles E. Marsh. The Ohio-born businessman had built an incredible fortune buying up small newspapers across Texas in the 1930s… but knew little about the oil boom happening under his nose.  To invest in the bonanza, he

Yesterday, the Bureau of Labor Statistics released the official October Jobs Report – and it was a dud. The U.S. economy added just 12,000 jobs last month, versus expectations for 100,000 new jobs and far below the September total of 254,000 new jobs. Meanwhile, the August and September job growth numbers were revised lower by

The stock market powered higher today to kickstart November on a positive note, driven by a combination of strong earnings and encouraging economic data. Several tech companies delivered good numbers last night, topping estimates and confirming both the resilience of the U.S. economy and strength of the AI Boom. As we’ve been saying for weeks,

Over the past 48 hours, three of the world’s largest tech companies – Alphabet (GOOGL), Microsoft (MSFT), and Meta (META) – reported third-quarter earnings. And we think the takeaway from those results is consistent and clear: the investment opportunity AI offers is immense.  Now, I know that since late 2022, we’ve been hearing about AI’s

Today, Alphabet (GOOGL) – one of the world’s most important tech companies – is seeing its stock price soar.  What’s driving those hefty gains? The tech giant’s excellent quarterly numbers, mostly powered by continued strength in AI. In short, Alphabet is successfully leveraging artificial intelligence to improve the efficacy of its advertising business, the experience

Last week was a wild one for Wall Street. After several days of volatile trading, the markets ended Friday on a high note. Another batch of great earnings reports and encouraging economic data led stocks to surge into the weekend. And it seems that bullishness has staying power.  Today, stocks are once again surging to

Tom Yeung here with this week’s Sunday Digest.  In 1934, news magnate Charles E. Marsh was already a wealthy man. The 47-year-old media mogul had spent his career buying up small newspapers, and his keen eye for mergers and acquisitions (particularly in Texas) had made him a millionaire.  But when it came to Texas’s booming