Elon Musk says he was wrong about Anthropic
Anthropic runs some of the most powerful AI models in the world on computing hardware it…
Category
Economy
Bank of America lifts target on viral appliance stock after Prime Day
Amazon Prime Day may be over, but the sales event gave one appliance maker a bigger…
Salesforce receives double blow over an AI product
Salesforce (CRM) rarely draws a downgrade from two research firms at once. This week it did.…
Citi sends strong signal to Nvidia investors amid rumors
Nvidia stock hit an all-time high on May 14, 2026. Since then, it has lost roughly…
Bernstein revamps gold price target on Fed-rate shift
Gold investors were bracing for a familiar problem. Higher real rates, a stronger dollar, and a…
We compared Walmart’s new prices to Target and Kroger
Walmart and Sam’s Club revealed on July 6 that they are lowering their prices across the…
Warsh recruits all-star team, AI experts to kickstart Fed reform
From Walmart to the Nobel Prize, Federal Reserve Chairman Kevin Warsh went long and deep in…
Vanguard’s most boring fund may be your 401(k)’s best friend
Nobody brags about a bond fund at a barbecue. There is no ticker-chasing thrill in owning…
Goldman Sachs sees AMD entering earnings with 1 powerful advantage
I have covered AMD twice this July. First, Goldman Sachs raised its price target to $640…
Another low-cost airline files for Chapter 11 bankruptcy
With the U.S.-Israeli strike on Iran and subsequent closure of the Strait of Hormuz sending the…
IKEA closing this type of store in the U.S.
After investing billions to expand its U.S. footprint, IKEA is now shutting down part of the…
Exxon Mobil signals massive profit spike but Wall Street is divided
I covered Chevron CEO Mike Wirth’s stark warning about oil price pressure building through June and…
Another 50-year-old amusement park to close forever after summer season
It has been a tough year for multiple smaller theme and amusement parks across the country.…
Tourists stranded as travel agency files bankruptcy, cancels trips
Although numerous airlines did not survive the spike in gas prices over the Iran war, running…
Veteran analyst drops massive Micron valuation prediction
Wall Street is becoming more confident in Micron Technology (MU). A Melius analyst now says the…
Morgan Stanley sends strong signal on SpaceX stock price target
SpaceX priced its IPO at $135 on June 12, raised $85.7 billion, and watched the stock…
Oracle’s $638 billion promise comes with one big catch
Oracle (ORCL) just booked the strongest sales year in its history, yet investors sold it anyway.…
Salesforce bets another $1 billion despite AI spending cratering its stock
Salesforce Inc. (CRM) said Tuesday it will invest $1 billion in Switzerland over the next five…