Investors will be looking for a read on hyperscaler AI spending, the impact of rising competition, and expansion to new growth areas in the chipmaker's upcoming Q3 earnings report.

If you’d told me twenty years ago that we’d soon see rockets launching into orbit every day-and-a-half, I’d have smiled politely and changed the subject. Yet here we are: in the first half of 2025, a new launch hit the sky every 28 hours—six hours ahead of last year’s record pace.

n the report, Global Head of Credit Research Mike Talaga, Portfolio Manager Nicholas Ware, and Credit Analyst James Donahue discuss how new issuance by tech companies to fund capital spending on artificial intelligence (AI) projects may be reshaping the technical picture for credit.

With peak earnings season now in the rearview mirror, the market's focus shifts from broad-based results to specific, unresolved questions. Last week's tech sell-off and mixed IPO fortunes have put a spotlight on valuations, making Nvidia's upcoming report a critical test for the entire AI sector.

Greg Stumm, CEO of American Beacon Partners, breaks down key ETF trends, including distribution, active management, multi-share class structures, private assets, and crypto. Jason Greenblath, Senior Portfolio Manager & Director of Corporate Credit Research at American Century Investments, highlights where he sees opportunities in fixed income and makes a strong case for the value of active management.

Join NEOS Investments, an award-winning ETF issuer, for a timely discussion on how options-based ETFs can help advisors position portfolios for year-end and beyond. Learn how these strategies can support income-focused clients, enhance after-tax outcomes, and help stay invested through changing market conditions.

For the third quarter of 2025, most energy infrastructure companies maintained their payouts, with MLPs largely providing sequential growth. Still, the vast majority of midstream companies have increased their dividends within the last year.

Alphabet Inc.’s Google plans to invest $40 billion in three new Texas data centers, part of an effort to add artificial intelligence computing power in a state that’s also drawn multibillion investments from competitors such as OpenAI and Anthropic PBC.

The SEC has granted Dimensional Fund Advisors approval to adopt the dual share class fund structure, previously used exclusively by Vanguard to save investors billions in taxes. This decision, following the expiration of Vanguard's patent, marks a watershed moment for the $13 trillion US ETF industry and sets the stage for a wave of similar approvals for dozens of other money managers.

US stocks sank, putting the S&P 500 Index on track for its longest slide since August, as a six-month rally shows signs of cracking following a $1.2 trillion selloff in cryptocurrencies and amid fears around stretched artificial-intelligence valuations.

Health savings accounts (HSAs) are increasingly being considered by individuals looking to offset healthcare costs, which are set to rise significantly in 2026. But some HSAs also offer investment options that can simultaneously help savers grow their retirement income, financial experts share.

Fed policy — not free markets — now plays a crucial role in forecasting how today’s speculative excesses might return to their normal levels. Will it be a pop, a slow leak, or will the Fed keep bubbles afloat at any cost?

Most of us think of paying for something as a simple transaction. You hand over the money, take the receipt, and move on. But what if the act of paying itself — how, when, and even whether we pay — carries hidden meaning about our relationships with money and the people we pay?

The boom in artificial-intelligence investment is undoubtedly boosting both the US stock market and the broader economy right now. But what about the longer term? Will AI be a big net positive, delivering prosperity and solving the nation’s fiscal problems?

As someone who’s been involved in capital markets his entire adult life, I can safely say that gold investors haven’t seen a period like this in decades. The third quarter of 2025 was nothing short of historic, and in many ways, I believe we’re witnessing the beginning of a new era for the yellow metal.

There is a frenetic, sweaty-palm feel to the US economy lately. Markets are looking frothy and consumers are anxious, and meanwhile the gambling and stock markets are converging as people bet on all sorts of strange assets and events.

Markets wobbled as Washington’s shutdown drama ended, but I don’t view last week’s pullback as the start of a bear market. The Dow just printed fresh highs, breadth rotated toward quality and defensive stocks, and the weakness centered on AI-linked capex stories repricing risks associated with the capex buildouts.

The government shutdown came to an end last night after 43 days, making it the longest shutdown in history. We will leave it to the political commentators to pass judgment on what it means for the decision-makers in Washington.

The Artificial Intelligence boom has created one of the most powerful growth cycles in market history. Yet the biggest AI names—NVIDIA, Microsoft, Broadcom, and others—now trade at extremely high valuations, offering low earnings yields and limited margin of safety.

While stock and bond markets wait for U.S. federal data to become available again, private-sector reports suggest lukewarm overall economic growth.

Capital controls can be used to keep investors at home. Bank reserve and liquidity requirements can also be employed for this purpose: U.S. banks hold $2 trillion more in government debt than they did six years ago.

Retirement planning shouldn’t be defined by “needs” but by the lifestyle you want to sustain. This piece reframes retirement as a phase for living fully—balancing taxes, inflation, and income sources to enable abundance.

Market corrections often present chances to acquire quality assets at attractive valuations. Hence, “buy the dip” has long been a mantra for many investors.

While headlines often speculate about an AI bubble, we believe the long-term outlook for technology remains strong. Periodic volatility is a normal part of any innovation cycle and unlikely to derail our constructive view on equities.

Drew O’Neil discusses fixed income market conditions and offers insight for bond investors.

The future is now: 5G, fiber optics, power grids, and digital networks. Brock Campbell, CFA of BNY Investments reveals how BKGI (the BNY Mellon Global Infrastructure Income ETF) delivers inflation protection, steady income, and exposure to essential growth assets.

To invest or not to invest in alternatives; that is the question for anyone involved in the business of retirement planning. FAs can help clients navigate the brave new world of customized alternatives, but this is easier said than done.

The best advisors play a critical role in educating and advising investors at the beginning of the relationship, staying connected as markets change, and coaching when emotions can lead to rash decision-making.

The “EM-ification” of developed markets has rewritten the investment playbook. Emerging markets are not the weak link in global equities — they may in fact be the stronger foundation. For long-term investors, it is time to reassess.

JPMorgan Chase & Co.’s decision to let managers use artificial intelligence to help write performance reviews stands to bring relief to one of bosses’ most dreaded annual tasks. It also raises questions as to whether bot-written reviews will make the process better or worse, especially for employees seeking meaningful feedback.

There’s no denying AI has again been a captivating theme for investors and technology enthusiasts this year. But that proposition could be ramped up in 2026.

A small circle of investment consultants played a central role in the multi-trillion-dollar push into private markets, steering US pension funds toward private equity, real estate and hedge funds, according to a new study.

The artificial-intelligence boom is raging, fueled by a mad dash to add computing capacity. Tech giants are funneling billions of dollars to construction companies and industrial suppliers of equipment and power to build the vast data centers that the technology requires.

While consensus remains cautious, there is a case, however tenuous, for economic reacceleration. This isn’t about ignoring risks. It’s about acknowledging that conditions aligning could drive a shift from stagnation to renewed growth.

In markets awash in “garbage lending” and unhealthy valuations, Jeffrey Gundlach is keeping his strategy simple: load up on cash and stay away from private credit.

As happened in the previous era, several forces are combining to keep inflation alive. Today I want to review what’s happening. This won’t be a fun letter to read, but it’s important. You need to prepare for what could be coming.

We were in the camp that the Federal Reserve (Fed) should have reduced interest rates during the first half of the year, taking advantage of the underlying disinflationary path during that period.

Bankruptcies are a routine event for companies relying on large amounts of high-yield debt for their capital. Investors reserve much of the high income they receive in good times for the inevitable losses in bad times.

My first experience with a major economic/stock market bubble was the dot-com bubble of 1998-2000. Many investors forget that the Nasdaq and S&P 500 Index bubble that ended March 10, 2000, was the first bubble in a series of three bubbles.

This year, Americans will give more than $500 billion to charity, according to the National Philanthropic Trust. While meeting philanthropic goals is important for donors, these gifts may also provide valuable tax benefits.

Corporate bonds typically appeal to those seeking higher yield potential relative to safer government debt, but current market uncertainty may keep fixed income investors from making the move. However, strong fundamentals are also underpinning corporate bonds, which only add to their appeal despite ongoing risks.

Chinese equities have performed strongly this year amid a general re-rating driven by easing geopolitical tensions, continued government stimulus and the global AI-related buildout. Portfolio Managers Andrew Mattock, CFA, and Winnie Chwang explain the drivers of the rally and the opportunities and challenges ahead.

As global labor arbitrage becomes less viable and access to cheap labor in emerging markets continues to narrow, businesses are increasingly turning to AI as a domestic solution for cost control and productivity gains.

As the final quarter of 2025 begins, it's a critical moment to look back at the preceding three quarters. Each year carries its own narrative, and 2025 was no exception. Markets trended downward early in the year owing to trade-talk-driven uncertainty, reaching a crescendo in volatility following the unexpected announcement of significant tariffs in April.

Consumers are in a sour mood over inflation and jobs as major retailers prepare to report earnings and offer their outlooks for the holiday shopping period.

Now that government workers are back in the office, the data flood is coming. Here are the four reports we’re most excited for, why they matter, and what we last heard from them.

Though we are getting limited amounts of economic data during the federal government shutdown, the official and private sector data we are receiving generally paints a positive picture for U.S. economic activity.

Many may look at a headline performance figure like “the bond market is up 7%” and understandably feel encouraged. On paper, that appears to be a solid result. But nominal returns alone rarely tell the full story.

When evaluating the integration of gold and bitcoin into their investment strategy, investors should carefully examine both their similar properties and fundamental differences. These assets are frequently positioned as alternative value repositories, particularly valuable during periods of macroeconomic volatility and uncertainty.

Markets don’t sleep over the holidays, but they do slow down. Historical trading patterns show consistent liquidity shifts from late November through early January.