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California is one step closer to America’s first billionaire wealth tax — and the divide between red and blue state taxes is ge3:18 This year is shaping up to be a milestone moment for state income taxes after last year’s massive changes to federal income taxes. Higher inflation is on the way. The Fed needs to make this clear before it raises rates.2:46 Fed’s communication should help investors manage risk — including the possibility that rates may rise. Arm’s stock snaps a seven-day winning streak as it loses some of its AI glow0:39 Arm shares led Nadsaq 100 decliners on Monday, reflecting more general pressure on AI names and specific concerns about whether Arm will play a role in a potential Qualcomm-OpenAI chip. Bed Bath & Beyond is seeing new life, as rare sales growth lifts stock more than 30%0:07 Management highlights the “first quarter of significant revenue growth in 19 quarters.” But the stock is still well below its meme-stock-era highs. A possible SiriusXM-iHeartMedia merger would be the latest ominous sign for radio23:35 The potential tie-up would create an advertising behemoth that could help the companies forestall declines as listeners increasingly shift to streaming platforms and podcasts. Another former bull throws in the towel on Adobe’s stock. Here’s the software stock he now favors.23:35 Mizuho analyst Gregg Moskowitz downgrade shares of Adobe to neutral from outperform and upgraded shares of CrowdStrike to outperform from neutral on Monday. |