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News
AI computing power is becoming a tradable asset class as CME launches futures contracts
1+ mon, 2+ day ago (290+ words) Computing power is emerging as a new tradable asset class, with CME Group set to launch the first futures contracts tied to the cost of running the chips that power artificial intelligence. The exchange is partnering with Silicon Data to…...
Wendy's stock soars as meme traders target another turnaround play
2+ mon, 2+ week ago (207+ words) Wendy's shares surged in premarket trading Wednesday, fueled by a burst of retail investor enthusiasm that appears disconnected from the fast-food chain's latest executive appointment. The stock climbed more than 16% before the opening bell on heavy volume after Wendy's disclosed…...
Intuit CEO to accountants: "You are the customer, not a channel"
2+ mon, 2+ week ago (754+ words) Intuit CEO Sasan Goodarzi declared today that, going forward, accountants are the customer not the channel and consequently they will be serving them as the customer. "We are here to be your partner. Not compete with you," he said. This…...
The 2026 Billion-Dollar Wealth Magnets
2+ mon, 2+ week ago (152+ words) Each year, Accounting Today ranks the top 150 CPA financial planners by their assets under management — and by AUM, at least, it turns out that last year (like the three years before) was a great one. This year's 65 Billion-Dollar Firms are…...
Can anyone join Musk in the trillionaire club? Zuckerberg has best shot, according to prediction markets
2+ mon, 3+ week ago (288+ words) Elon Musk became the world's first trillionaire thanks to his stake in SpaceX after the company's public debut on June 12. Prediction market traders think that Mark Zuckerberg has the best chance of being next, but it's still a long shot....
SpaceX doesn't have a timeline for its human missions to Mars. Kalshi traders say don't expect it this decade
2+ mon, 4+ week ago (210+ words) SpaceX made its debut at the Nasdaq on Friday, climbing more than 19% on its first day of trading and rising above a $2 trillion market valuation. But while the arrival of the company to public markets is squared away, some of…...
Tax research AI usage doubles, more considering alternative billing models
3+ mon, 4+ day ago (215+ words) The number of tax practitioners using AI for research has nearly doubled in just a year, which is increasingly leading them to explore alternative billing models. Of these, 25% have access to TaxGPT, 22% have access to BlueJ, and 17% have access to…...
Boomer's Blueprint: Leadership is critical in the Age of AI
3+ mon, 1+ week ago (619+ words) Every week, I speak with managing partners who tell me some version of the same story: "We know AI is important. We've approved a budget. We've assigned it to our IT director. And nothing is changing." I have spent decades…...
Two months, $2.6 billion: How NASA ETF turned SpaceX IPO access into a hot retail trade
3+ mon, 2+ week ago (640+ words) Retail investors are rushing into the space investing trade ahead of the SpaceX IPO, and one ETF has cashed in on the excitement. Tema ETFs' Space Innovators ETF, which launched on March 30 and trades under the ticker symbol NASA, crossed…...
Boston seizes on California billionaire tax to lure AI talent
3+ mon, 2+ week ago (1065+ words) The talent at some of America's hottest artificial intelligence companies often passes through Boston-area universities before heading west to build billion-dollar businesses in Silicon Valley. Massachusetts business and political leaders say California's proposed tax on billionaires is an opportunity to…...