Nike lost its blue-chip badge but not its swagger
Nike Inc. (NKE) stock has erased close to $200 billion in market value since its November 2021 peak, in what has become the worst...
Goldman Sachs drops surprise call for next Fed interest-rate hike
Goldman Sachs, in an abrupt pivot from just days ago, expects the Federal Reserve to raise interest rates by a quarter percentage point as...
Chuck E. Cheese rival hits new low as customers pull back
Dave & Buster’s has spent much of the past year trying to revive traffic.
It is working to enhance the value of its games and...
Mark Zuckerberg and Nvidia CEO weigh in on Anthropic AI proposal
Dario Amodei, Anthropic’s CEO, published an essay on Sept. 12 arguing that frontier AI labs should deliberately slow the pace at which they improve...
Another airline files for bankruptcy, cancels all flights
Granted by the civil aviation authority in a given country, the air operator’s certificate (AOC) is the single most important approval a commercial airline...
Cathie Wood sees $10 trillion opportunity for Elon Musk’s SpaceX
For years, Elon Musk has been making big promises about SpaceX (SPCX). This time, one of Wall Street’s best-known investors is doing it for...
Elon Musk sends strong message to SpaceX and Tesla investors
Elon Musk has a habit of answering the biggest questions about his companies without actually answering them. He was asked directly at the All-In...
Stanley Druckenmiller sees a Fed problem Wall Street can’t ignore
Wall Street has spent years obsessing over when the Federal Reserve will lower interest rates, but billionaire investor Stanley Druckenmiller thinks investors may be...
Louis Navellier: Don’t fear the Fed
All eyes will be on the September Federal Open Market Committee (FOMC) meeting. Unless there is extraordinary news, like collapsing crude oil prices, I...
Zillow predicts major mortgage rate, housing market shift
Real estate technology company Zillow reports that the 30-year fixed-rate mortgage (FRM) is holding at its highest level in a year. And the firm...
Recent Posts
How your financial advisor actually gets paid
If you were to ask your financial advisor how they get paid, they might answer that they charge a percentage of the assets that...
Your car could soon spend your money
The car sitting in your driveway already does a lot of things you probably never told it to do. It checks for software updates,...
Another travel company will liquidate, all trips canceled
Multiple travel agencies in the United Kingdom, including some that have been pillars of their communities for decades, have had to shut down shop...
135-year-old healthcare giant surges on cancer vaccine breakthrough
Merck just delivered news that could reshape how doctors treat one of the deadliest skin cancers.
The 135-year-old drugmaker, founded in 1891 and now based...
Oracle junk bond fears, debt surge sound alarms for investors
Oracle'sstock chart looks like a horror movie right now, and the plot keeps getting scarier.Shares of Oracle (ORCL) have fallen almost 50% from its...
