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Paramount-WBD deal faces legal hurdle, delays
TheStreet81d agoneutral
Paramount-WBD deal faces legal hurdle, delays

David Ellison spent eight months persuading Washington that buying Warner Bros. Discovery would strengthen competition in Hollywood, and it worked. The Justice Department closed its antitrust review in June and cleared the deal. However, things have taken an unexpected turn. A group of state ...

FedEx and UPS face a new pricing threat from an old rival
TheStreet81d agoneutral
FedEx and UPS face a new pricing threat from an old rival

FedEx (FDX) and UPS spent half a century as the only two names that mattered in American package delivery. They built the aircraft fleets, sorting hubs and delivery routes that turned next-day shipping into a routine promise. The company that once filled those planes and trucks with its own ...

Amazon is losing the battle for online groceries
TheStreet81d agoneutral
Amazon is losing the battle for online groceries

Life gets busy. Between my work, hobbies, family time, and spending time with friends, I barely have time to remember to eat. Which is why online grocery shopping is such a convenience. Not just for me, but for many other Americans. But while it might be easy to get on Amazon and order groceries ...

Salesforce receives double blow over an AI product
TheStreet82d agoneutral
Salesforce receives double blow over an AI product

Salesforce (CRM) rarely draws a downgrade from two research firms at once. This week it did. On Thursday, July 9, KeyBanc Capital Markets and Bernstein downgraded Salesforce to a Hold. The stock fell roughly 3% to 4% at its low before steadying the next day. However, what matters beyond the price ...

5-star analyst sends AMD stock investors a warning
TheStreet82d agoneutral
5-star analyst sends AMD stock investors a warning

Advanced Micro Devices (AMD) bulls were expecting Wall Street to continue rewarding the stock following a momentous run spearheaded by AI demand, data-center expansion, and renewed confidence in the chipmaker's roadmap. For perspective, according to Seeking Alpha, AMD has dramatically outperformed ...

Nvidia and Apple may solve AI investors’ biggest worry
TheStreet82d agoneutral
Nvidia and Apple may solve AI investors’ biggest worry

The artificial intelligence trade is not falling apart. Demand is growing. After a spectacular first-half advance in chip and memory stocks, investors are starting to distinguish companies that gain from AI investing from those that can develop without bearing the brunt of the spending. That's why ...

Qualcomm's datacenter ambitions win over Goldman Sachs
TheStreet82d agoneutral
Qualcomm's datacenter ambitions win over Goldman Sachs

Qualcomm’s push into artificial intelligence data centers has convinced Goldman Sachs to raise its price target by nearly a quarter. The bank kept its rating at Neutral anyway, a sign that even a bullish estimate revision isn’t the same as a buy call. Shares have already sailed past Goldman’s new ...

China is becoming the auto industry's innovation lab
TheStreet82d agoneutral
China is becoming the auto industry's innovation lab

For decades, China has primarily been relied upon by global automakers as a manufacturing base and thriving sales market. Now, that relationship is changing rapidly, as some of the world’s largest automakers shift vehicle research and development to the East Asian nation. Volkswagen (VLKAF), Audi, ...

Microsoft's retirement offer is a wake-up call for workers
TheStreet82d agoneutral
Microsoft's retirement offer is a wake-up call for workers

About 8,750 Microsoft employees recently had roughly 30 days to decide whether their savings could support walking away from their careers for good. The company's first-ever Voluntary Retirement Program offered eligible workers cash severance, years of healthcare coverage, and continued stock ...

T-Mobile puts new limits on 2 wireless offers for customers
TheStreet82d agoneutral
T-Mobile puts new limits on 2 wireless offers for customers

T-Mobile is restricting access to two wireless promotions following several recent changes affecting customer savings. Last week, T-Mobile warned customers that it is retiring multiple older phone plans, including Magenta, Simple Choice, and ONE, over the next few weeks. The change will move ...

Barclays, Morgan Stanley boost Robinhood price target by up to 50%
TheStreet82d agoneutral
Barclays, Morgan Stanley boost Robinhood price target by up to 50%

Robinhood Markets (Nasdaq: HOOD) is a brokerage platform whose commission-free offering of equities, cryptocurrencies, and tokenized stocks has made it extremely popular among young retail traders. On July 1, Robinhood launched its blockchain, Robinhood Chain, to offer real-world assets ...

Dollar Tree makes key move to keep popular items in stock
TheStreet82d agoneutral
Dollar Tree makes key move to keep popular items in stock

If you've ever shopped at Dollar Tree before, you know that it can sometimes be a frustrating experience. It's sort of similar to Costco. You walk in expecting your favorite stuff to be sitting there on the shelf, only to realize it's been replaced with different products. But whereas ...

Bloomberg82d agoneutral
Fuel Prices Are Slamming Consumers Even as Crude Crisis Fades

(Bloomberg) -- Prices for gasoline, diesel and jet fuel are rebounding even as crude oil eases, a rare divergence that’s swelling costs for peak-season travelers and threatening to undermine President Donald Trump’s pledge to quash inflation ahead of midterm elections.Most Read from BloombergGates Heir’s Shopping App Claimed Sales It Didn’t DriveApple Sues OpenAI for Trade Secret Theft in Pivotal CaseCanada Gives Share of Bridge Profits to US to Get Trump Go-AheadPrabowo’s Clampdown on Indonesia

Costco Has Held Its Hot Dog at $1.50 for Decades. Social Security Tax Thresholds Frozen Since 1984 Haven’t Been So Kind to Retirees.
24/7 Wall St.82d agoneutral
Costco Has Held Its Hot Dog at $1.50 for Decades. Social Security Tax Thresholds Frozen Since 1984 Haven’t Been So Kind to Retirees.

Costco (NASDAQ:COST)’s food court hot dog and soda combo has been $1.50 for decades. Company management has again recently emphasized that price is not going anywhere. It has become a cultural touchstone: the one number that inflation cannot seem to touch. There is another frozen number from roughly the same era that most retirees have ... Costco Has Held Its Hot Dog at $1.50 for Decades. Social Security Tax Thresholds Frozen Since 1984 Haven’t Been So Kind to Retirees.

Bloomberg82d agoneutral
EasyJet Has Private Equity Firms Going Out of Their Comfort Zone

(Bloomberg) -- The aviation industry has seen plenty of deals activity in recent years, but the battle between two US funds for EasyJet Plc stands out because the volatile, low-margin airlines business rarely draws financial suitors.Most Read from BloombergGates Heir’s Shopping App Claimed Sales It Didn’t DriveApple Sues OpenAI for Trade Secret Theft in Pivotal CasePrabowo’s Clampdown on Indonesian Tycoons Fuels Capital FlightRyanair Passenger Partly Sucked From Jet After Window BreaksMicrosoft’

Alex Karp Is Saying What Every Angry CEO Is Thinking About AI
The Wall Street Journal82d agoneutral
Alex Karp Is Saying What Every Angry CEO Is Thinking About AI

Alex Karp —describing himself as a “madman”—has brought the simmering tension between fast-rising AI giants and established tech players to a boil. In both nuanced and dramatic fashion, the Palantir Technologies chief executive is drawing attention to concerns over the power and insight AI labs derive from their business customers’ data and decision-making—the magic sauce behind what makes a company successful. This past week, Palantir released a dense white paper—entitled: “Institutional Sovereignty in the Age of AI”—that laid out 15 steps companies and governments could take to protect themselves from the likes of OpenAI and Anthropic.

Pitchbook82d agoneutral
Apple sues OpenAI alleging trade secret theft

In a classic “Friday news dump,” Apple filed a federal lawsuit in California against OpenAI, accusing its once-partner of stealing some of its trade secrets. Specifically, it’s alleging that two of its former employees brought proprietary and confidential information about its hardware to OpenAI when they joined. The lawsuit calls to mind Waymo’s trade secret theft lawsuit against Uber, filed in 2017. Similarly, a well-established tech giant publicly accused a fast-ascending private company, loc

Costco makes big investment to keep members coming back
TheStreet82d agoneutral
Costco makes big investment to keep members coming back

Costco is different from other retailers in that it doesn't just rely on markups to generate revenue. Costco's membership fees are a goldmine. During Costco's third-quarter 2026 earnings call, the company reported $1.37 billion in membership fee income, up 10.7% year over year. The company ...

Equity Residential (EQR) Skips Earnings Call As AvalonBay Merger Takes Center Stage
Simply Wall St.82d agoneutral
Equity Residential (EQR) Skips Earnings Call As AvalonBay Merger Takes Center Stage

Equity Residential, NYSE:EQR, will not host its usual conference call for upcoming quarterly results. The change is tied to a merger of equals with AvalonBay Communities, Inc. The merger marks a major shift in the company’s structure and reporting approach. Equity Residential enters this merger with AvalonBay while its stock trades at $68.69, giving investors a clear reference point as the combined company takes shape. The shares are up 10.7% year to date and 13.5% over the past 3 years,...