Mindblown: a blog about philosophy.

The S&P 500 (SNPINDEX: ^GSPC), Nasdaq Composite (NASDAQINDEX: ^IXIC), and Dow Jones Industrial Average (DJINDICES: ^DJI) have been making headlines recently for closing out their best quarter in years. However, as tech volatility rattles the market, these indexes have stagnated — up by only 1.6%, 0.9%, and 2.6%, respectively, over the last month, as of…

Quick Read U.S. leveraged ETFs have doubled to 700 funds and now control roughly $500 billion in notional market exposure through 2x and 3x leverage multipliers. These funds rebalance mechanically, buying more when markets rise and selling when they fall, which amplifies price swings beyond what fundamentals justify. In June alone, 117 leveraged ETFs launched,…

Bank of America (BAC) closed Wednesday at $61.59, up 8.36% over the past month and sitting within a few cents of its 52-week high of $62.03. There’s a reason behind that rise.  Bank of America reported second-quarter results on July 14 that beat Wall Streetexpectations on both lines. Since then, analysts have been upgrading their…

Walmart Further Shuffles Top Executives Kieran Shanahan, chief operating officer for Walmart U.S., will leave this week. —- SpaceX in Talks to Provide Computing Power for Pentagon’s AI Push Elon Musk’s company would provide billions of dollars’ worth of data-center capacity under the arrangement, people familiar with the matter said. —- Apple and Nvidia Vie…

At 95 years old, Warren Buffett is the definition of a self-made billionaire. To be more specific, a self-made hundred-billionaire, worth an estimated $140 billion as of July 17, 2026. He bought his first stocks for $38 each at age 11 and sold them for a profit. By age 14, he had saved enough from…

US stocks declined on Friday, with the major indexes posting weekly losses led by declines in the semiconductor sector. The Dow Jones Industrial Average (^DJI) fell by about 0.7%, while the S&P 500 (^GSPC) declined by 1%. The Nasdaq Composite (^IXIC) shed 1.4% following a downbeat day on Wall Street and the release of the…

Oracle (ORCL) billionaire and well-known yachting expert Larry Ellison might spend his summer aboard his 160-foot superyacht dubbed the Musashi. But, for lack of better terms, his stock has sunk to the ocean floor, and it’s unclear what will bring it back afloat. Quick insight: Oracle stock has now plunged 64% from its September 2025…

Quick Read Buffett said “I initiated it,” personally claiming Berkshire’s (BRK-B) $10 billion Alphabet (GOOGL) private placement as his idea, not incoming CEO Greg Abel’s. Unlike Berkshire’s Apple (AAPL) position built through public markets, the Alphabet deal’s structure signals Buffett sees value as a preferred hyperscaler financing partner. Act now: the analyst who called NVIDIA…

Trump Media & Technology Group has unveiled a paid-for, licensed data feed that will give banks ​and trading firms “the fastest” access to posts from influential Truth Social ‌accounts, such as President Donald Trump’s, whose posts often move global markets. Subscribe to read this story ad-free Get unlimited access to ad-free articles and exclusive content.…

By STAN CHOE, AP Business Writer NEW YORK (AP) — The sell-off for winners of the artificial-intelligence boom deepened Friday and yanked stock markets lower worldwide. Oil prices, meanwhile, continued to jump because of the war with Iran. The S&P 500 fell 1% to finish its first losing week in the last three and only its third since the end…