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Cathie Wood sells $11.6 million of surging tech stock
TheStreet42d agobearish
Cathie Wood sells $11.6 million of surging tech stock

Cathie Wood, chief of Ark Investment Management, often locks in gains when her favorite tech stocks surge. That's what she's doing with Palantir Technologies (PLTR), trimming her position after the stock jumped more than 30% over the past month, fueled by a sharp post-earnings rally. Last year, the ...

Inflation Is Cooling. But is 2% Out of Reach?
Bloomberg42d agoneutralVIDEO
Inflation Is Cooling. But is 2% Out of Reach?

BlackRock's Rick Rieder says the latest CPI report gave markets reason to celebrate, but inflation remains above the Fed's 2% target. He argues the economy is now "in the ballpark" and that raising overnight rates may not be the most effective way to bring inflation lower. The bigger issue for markets may be the long end of the yield curve, where fiscal deficits, heavy treasury issuance and AI-related financing push real rates higher.

A $72 billion forecast just raised the stakes for the AI trade
TheStreet42d agoneutral
A $72 billion forecast just raised the stakes for the AI trade

In the midst of all the discussion about whether the artificial intelligence boom is getting too pricey, Super Micro Computer (SMCI) just revealed a number that’s difficult to ignore. The AI server specialist expectsfiscal 2027 revenue of $65 billion to $72 billion, dramatically above the $52.5 ...

Sam Walton Gave His Kids 80% of Walmart in 1953, When It Was Worth Almost Nothing. That Single Early Move Is Why the Waltons Have Never Faced a Major Estate-Tax Bill on $250 Billion
24/7 Wall St.42d agoneutral
Sam Walton Gave His Kids 80% of Walmart in 1953, When It Was Worth Almost Nothing. That Single Early Move Is Why the Waltons Have Never Faced a Major Estate-Tax Bill on $250 Billion

Sam Walton made one early financial move with his family business that the IRS still allows today, and it quietly kept hundreds of billions of dollars out of reach of federal estate taxes for generations. Most families with appreciating assets never realize the same window is open to them right now.

Is QXO (QXO) Undervalued Following Earnings And The TopBuild Acquisition?
Simply Wall St.42d agoneutral
Is QXO (QXO) Undervalued Following Earnings And The TopBuild Acquisition?

QXO earnings and recent performance QXO (QXO) reported second quarter 2026 results on August 13, with sales of US$3.25b and a net loss of US$55m. Six month sales reached US$4.98b, with a net loss of US$282m. See our latest analysis for QXO. QXO's share price has come under pressure despite the recent earnings report and the completion of the TopBuild acquisition, with the stock down 10% over the past week and recording a 26% year to date share price decline and a 5 year total shareholder...

5 Must-Read Analyst Questions From Unity’s Q2 Earnings Call
StockStory43d agoneutral
5 Must-Read Analyst Questions From Unity’s Q2 Earnings Call

Unity’s second quarter results were marked by robust revenue growth and significant margin improvement, triggering a notable positive market response. Management cited the rapid adoption of its Vector AI-powered ad platform and a suite of product enhancements as primary drivers of performance. CEO Matthew Bromberg emphasized the impact of integrating runtime data and noted, “Our astounding performance is fueling a 63% year-over-year increase in our Strategic Grow business.” The company’s renewed

‘Big Short’ investor warns AI boom has quiet weak spot
TheStreet43d agoneutral
‘Big Short’ investor warns AI boom has quiet weak spot

The artificial-intelligence boom is sold to investors as one of the broadest technology shifts in decades. And a shockingly substantial part of the answer may lie with just two corporations, says Steve Eisman. The investor best known for betting against the U.S. housing market before the financial ...

Why Is Tether Looking Like a Central Bank?
Barrons.com43d agoneutral
Why Is Tether Looking Like a Central Bank?

Gold recent rally is mostly due to five big buyers: four central banks and Tether, a company that deals in cryptocurrency. Tether is buying for the very reasons that central banks are—to diversify its holdings and hedge against inflation and significant dollar weakness, which Tether’s crypto stablecoin USDT is pegged to. In the first half, Tether bought more than 27 metric tons of gold—matching Kazakhstan.

Nvidia scales back $250 billion OpenAI data center guarantee, WSJ reports
Reuters43d agoneutral
Nvidia scales back $250 billion OpenAI data center guarantee, WSJ reports

Nvidia has downsized ‌plans for ‌a $250 billion guarantee for ​an OpenAI data center, the Wall Street Journal ‌reported on ⁠Friday, citing people familiar with ⁠the matter. The revised plan ​would lower ​Nvidia's ​financial guarantee ‌to less than $120 billion to address investor concerns about risk for ‌the OpenAI ​data center, ​according ​to the ‌report. Reuters could not ​immediately ​verify the report.

Investing.com43d agoneutral
Why AI is unlikely to be an apocalypse for jobs

Investing.com -- Artificial intelligence is more likely to replace individual tasks than entire occupations, limiting the risk of widespread job destruction, BofA Global Research said in a report examining employment across 206 US industries.

2 charts: SpaceX closes $60B acquisition of Cursor
Pitchbook43d agoneutral
2 charts: SpaceX closes $60B acquisition of Cursor

The second-largest acquisition of a venture-backed company on record is official. Cursor, the fast-growing agentic coding startup, is now a part of SpaceX after the space giant led by Elon Musk completed its $60 billion all-stock acquisition Friday. The deal pairs one of the fastest-growing startups with SpaceX’s vast—and expensive to run—infrastructure-centric xAI division. The latter has its sights set on improving its AI service offerings and is betting big on agentic coding to get there. “Cu

PayPal (PYPL) Is In Acquisition Talks At $53 Billion
Simply Wall St.43d agoneutral
PayPal (PYPL) Is In Acquisition Talks At $53 Billion

PayPal Holdings (NasdaqGS: PYPL) is in active talks over a potential acquisition by Stripe and Advent International, following an earlier offer that PayPal rejected. The proposed deal would bring together a major listed digital payments company and a large private fintech group, alongside a global private equity investor. Negotiations are ongoing as of 14 August 2026, with no binding agreement announced and terms still under discussion. With large fintech platforms weighing major...