BlackRock bets on ‘pick and shovel’ trade, singling out clear winners in AI spending spree

BlackRock bets on ‘pick and shovel’ trade, singling out clear winners in AI spending spree

Ben Powell, chief strategist for Middle East and Asia Pacific at BlackRock Investment Institute, at the Abu Dhabi Finance Week (ADFW) conference. Bloomberg | Getty Images The wave of capital pouring into artificial intelligence infrastructure is far from peaking, said Ben Powell, chief investment strategist for APAC at BlackRock, arguing the sector’s “picks and shovels” … Read more

Elon Musk calls for aboliton of European Union after X fined $140 million

Elon Musk calls for aboliton of European Union after X fined 0 million

Elon Musk has called for the European Union to be abolished after the bloc fined his social media company X 120 million euros ($140 million) for a “deceptive” blue checkmark and lack of transparency of its advertising repository. The European Commission hit X with the ruling on Friday following a two-year investigation into the company under … Read more

China’s exports rebound in November, massively beating expectations after U.S. trade truce

China’s exports rebound in November, massively beating expectations after U.S. trade truce

A cargo ship loaded with containers departs from Qingdao Port in Qingdao City, Shandong Province, China, on December 4, 2025. Costfoto | Nurphoto | Getty Images China’s exports massively beat market expectations in November as manufacturers rushed to ship out inventory on the back of a trade deal with Washington, following a meeting between the … Read more

Here’s where to invest $1 million, according to the pros

Here’s where to invest  million, according to the pros

Investors weighing where to deploy $1 million today face a mix of shifting central bank policy and geopolitical risks. However, strategists say the path forward is clearer than it looks: stay invested, stay diversified, and focus on structural themes such as industrial spending and high-quality bonds. If you had $1 million to invest right now, … Read more

Asia-Pacific markets trade mixed as investors look toward China trade data

Asia-Pacific markets trade mixed as investors look toward China trade data

Shanghai Bund skyline panorama Yangna | E+ | Getty Images Asia-Pacific markets traded mixed on Monday as investors awaited trade data from China due later in the day. Economists polled by Reuters expect China’s exports in November to rise 3.8% from a year earlier, reversing the 1.1% contraction in October. Imports are expected to increase … Read more

Huge Wall Street call: Morgan Stanley’s new Tesla analyst downgrades stock over valuation concerns

Huge Wall Street call: Morgan Stanley’s new Tesla analyst downgrades stock over valuation concerns

Morgan Stanley exited the bull camp on Tesla , saying valuation concerns outweigh its optimistic outlook for the electric vehicle maker in a huge potentially market-moving call on Wall Street. Analyst Andrew Percoco downgraded Tesla’s stock to equal weight from overweight. Percoco raised his price target by $15 to $425, but that still reflects downside … Read more

Stock futures are little changed after Wall Street notches back-to-back winning weeks: Live updates

Stock futures are little changed after Wall Street notches back-to-back winning weeks: Live updates

Traders work on the floor of the New York Stock Exchange (NYSE) at the opening bell in New York on December 3, 2025. Timothy A. Clary | Afp | Getty Images Stock futures are near flat on Sunday night, following another winning week for Wall Street, as investors look toward the Federal Reserve meeting. Dow … Read more

Here are the 2 big things we’re watching in the stock market in the week ahead

Here are the 2 big things we’re watching in the stock market in the week ahead

We’re in the final stretch of 2025 and entering the second week of the historically strong market month of December. Barring a calamity, the S & P 500 should be able to turn in a third straight year of gains. The index has advanced nearly 17% year to date. Whether it goes higher from here … Read more

Best Makeup Products for Glowing Skin in Cold Weather | Sixty and Me

Best Makeup Products for Glowing Skin in Cold Weather | Sixty and Me

Cold weather and glowing skin don’t always go hand in hand, especially for those of us on the other side of 50. Winter air pulls moisture right out of our faces, making dryness, dullness, and texture much more noticeable. But glowing, hydrated skin is absolutely possible with the right winter makeup routine. Today I’m sharing … Read more

Treasury Secretary Bessent says he has divested his soybean farm

Treasury Secretary Bessent says he has divested his soybean farm

U.S. Treasury Secretary Scott Bessent speaks to the media outside the White House on Nov. 5, 2025 in Washington, DC. Andrew Harnik | Getty Images U.S. Treasury Secretary Scott Bessent, a key figure in implementing President Donald Trump’s economic agenda including tariffs, disclosed on Sunday that he has recently divested his interests in a soybean … Read more