The best-performing stock on the S&P 500 is a ‘unicorn’ that joined the index less than a month ago and is beating Nvidia
Vistra’s mix of gas and nuclear power plants make it “a unicorn,” according to Guggenheim’s Shahriar Pourreza.
Jerome Powell’s Federal Reserve is stuck in a self-defeating paradox that makes cutting rates more difficult, economist warns
The more the Fed insists that the next move in interest rates is a cut, the more financial conditions will ease, making it ...
Fortune11h
The ANC party that freed South Africa from apartheid loses its 30-year majority, signaling first-ever coalition government to come
South African President, Cyril Ramaphosa cast his vote on Wednesday. Chris McGrath—Getty Images The African National Congress ...
Fortune14h
Nvidia’s market cap could more than triple to $10 trillion as it enjoys an ‘impenetrable’ advantage over AI rivals, analyst says
Nvidia CEO Jensen Huang gets ready to throw the ceremonial first pitch before a game between the CTBC Brothers and Wei Chuan Dragons on Saturday in Taiwan. In just the past year, AI chip leader Nvidia ...
Fortune16h
The best science-backed strategies for a strong mind as you age
Sixty-two-year-old founder Marie Jerusalem has never felt more able to adapt to the changing demands of the corporate world. “My body’s not as agile as it used to be, but mentally I’m stronger today ...
Fortune18h
S&P downgrades France as debt to soar more than expected, putting it on par with Czech and Estonian ratings
French President Emmanuel Macron has sought to address low growth and high public spending. Krisztian Bocsi—Bloomberg via Getty Images S&P Global Ratings downgraded France, tarnishing President ...
Michael Dell’s net worth sinks the most in a single day, falling by $11.7 billion after shares of his company suffer record selloff on weak revenue
While Dell Technologies reported its first quarterly revenue increase in two years, it wasn’t enough to impress investors ...
NYC’s Eric Adams, who is waging all-out war against rats, get ticketed for 5th rodent violation on his property since becoming mayor
A city health inspector observed fresh rat droppings and a rat burrow “at the front left base of the staircase of the property.” ...
Fortune20h
$80 million mansions, oceanfront views, and secret tunnels to the beach: Inside one of America’s most expensive zip codes
A view of Manalapan, Florida. Daniel Petroni Courtesy of The Exclusive Group Manalapan is a small slip of a town in South Florida with just over 400 year-round residents, around 70 lots, and not much ...
Fortune20h
I went to a ‘fitness hotel’ in Dubai, where execs shell out thousands for grueling workouts, luxe recovery sessions, and Michelin-starred feasts
That’s the enticing pitch—to be an all-expenses-paid guinea pig for a new kind of luxe fitness hotel, Dubai’s SIRO One ...
Costco CEO promises the hot dog and drink combo will never cost more than $1.50
Costco's CEO has promised customers will never pay more than $1.50 for the hot dog and drink combination.
Mark Zuckerberg is quietly sitting on a shopping empire with 4 times the customers of Amazon, as Facebook Marketplace skyrockets
The secondhand platform boasts up to 1.2 billion monthly users, with Gen Z and millennials flocking to the site in search of ...