Page 45 - Benzinga Pro News Today

What does it mean to be wealthy? According to a survey conducted by Empower, the definition of a high-net-worth individual (HNWI) varies considerably among U.S. adults. While the widely accepted benchmark classifies HNWI as someone with at least $1 million in liquid assets, the median response from surveyed adults pegged it at $400,000. Despite this lower threshold, 74% of respondents believe achieving high-net-worth status is unlikely for them. A slim margin, 3%, confirmed they have reached thi

A weaker-than-expected jobs report sparked a widespread market rally in the last session of the week, as traders increased expectations on potential interest rate cuts later this year.

Adient Plc shares dip post-Q2 earnings, despite beating adjusted EPS but missing sales estimates, as it lowers FY24 outlook.

Technology giant Apple Inc (NASDAQ:AAPL) reported second-quarter financial results that saw revenue and earnings per share beat Street estimates. Analysts have responded to Apple’s results, updated guidance, increased dividend, and the announcement of a $110 billion buyback. The Apple Analysts: Bank of America analyst Wamsi Mohan has a Buy rating and raises the price target from $225 to $230. Goldman Sachs analyst Michael Ng has a Buy rating and $226 price target. Keybanc analyst Brandon ...

Lex Fridman, an accomplished AI researcher, MIT scientist and influential podcast host, is known to be well-informed regarding the most cutting-edge technological innovations. Given he's interviewed a wide range of experts at the top of their fields, including Elon Musk, Jeff Bezos and Mr. Beast, it can be hard to impress him. However, Boston Dynamics' Atlas Robot did just that, with Mr. Fridman posting on X "Congrats to Boston Dynamics on their new electric version of Atlas robot...

The rough patch could continue for Apple, reflecting economic shakiness, which could hit its consumer-focused products.