Dan Loeb is swapping out one of the cheapest industry-leading AI stocks for another with well-defined competitive advantages and a nosebleed valuation.

The U.S. stock market closed higher Thursday, bringing the year-to-date gain of the SPDR S&P 500 ETF Trust SPY to 4%. The S&P 500 climbed 0.5% on Thursday to a record high, lifted by a broad rally ...

Jim Cramer coined the term “FANG” stocks, which included Facebook (META), Amazon (AMZN), Netflix (NFLX), and Google (GOOG). A few years alter, Apple (AAPL) was added and turned “FANG” into “FAANG.” A ...

For more audio journalism and storytelling, download New York Times Audio, a new iOS app available for news subscribers. Hosted by Sabrina Tavernise Featuring Coral Davenport Produced by Rob ...