MARKET

Why young crypto bros are also some of FanDuel’s and DraftKings’ best customers

Sports betting is fueling today’s gambling surge, and young men are the industry’s bullseye. Source link

MARKET

Target’s beaten-down stock gets a lift after report of ‘significant investment’ from Toms Capital

As shoppers dealing with higher living costs continue to seek out bargains, Target has struggled to compete with Walmart. Source link

MARKET

‘He never asks for anything’: I’m 61 with a $1.5 million 401(k). My girlfriend says I do too much for my son, 28. Is she right?

“I recently gave him $20,000 for a newer car and had him finance the rest.” Source link

MARKET

Groq execs to join Nvidia as part of AI-chip licensing deal

Nvidia has entered into a nonexclusive licensing agreement with AI-chip maker Groq, and will acquire some of the startup’s executive team. Source link

MARKET

Quantum computing is the stock market’s next big tech play — and these stocks are still cheap

Quantum stocks are where AI was five years ago — and the science actually works. Source link

MARKET

This shipbuilder’s stock soars to a fresh record as company wins contract to produce a new type of Navy frigate

Shares of military shipbuilder Huntington Ingalls Industries were up sharply Monday, building on Friday’s surge that came after the U.S. Navy announced it had selected

MARKET

U.S. stock futures rise, gold and silver hit records as investors hold out hope for a Christmas rally

U.S. stock futures gained Sunday, ahead of the holiday-shortened trading week and as investors cling to hopes of a “Santa Claus rally” still to come.

MARKET

Rocket Lab’s stock blasts to a new high. Here’s what’s driving the surge.

The rocket-launch company just completed a government contract months ahead of schedule — and won a new one. Source link

MARKET

Uber’s stock is almost historically cheap. Are robotaxis an existential threat?

Bernstein analysts said Uber investors have been overly fearful of the threat posed by self-driving cars, particularly if autonomous-vehicle technology gets widely licensed. Source link