This ‘stepping stone’ strategy helps parents boost their kids’ credit score. Here’s how it works

Key Points

Parents can add a child as an authorized user to their credit card account to help build a kid’s credit history and credit score.
The strategy is generally best for kids in their later teenage years, maybe around 16 years old, or those in their early 20s, experts said.
Parents may want to set certain parameters like spending restrictions and an end date, experts said.

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Finance

Retail traders pile into Allbirds after odd AI pivot. History shows it won’t end well

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Key Points Retail investors were quick to embrace Allbird’s shocking pivot into AI. Net purchases hit a record $5.2 million in a single day, surpassing even demand seen during the company’s 2021 IPO. “The market is not pricing risk. It is pricing narrative,” said Mark Malek, CIO at Siebert Financial. Source

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Stocks making the biggest moves premarket: PepsiCo, Taiwan Semiconductor, Voyager Technologies, PPG & more

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