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Bloomberg91d agoneutral
Oil’s Stunning Reversal Rekindles Fears of a Global Glut

(Bloomberg) -- Oil prices are tumbling everywhere as a peace deal between the US and Iran unleashes a wave of supply, overwhelming demand from buyers and prompting talk of a glut of crude.Most Read from BloombergWhy the Great American State Fair Looks So EmptyExxon to Change Name for First Time in Decades After RedomicileThe AI Trade Is Losing One of Its Key SignalsGermany Rejects Trump’s Demands for NATO Loyalty to WashingtonTrump Pardons Six People Pursued for ‘Fixing Their Car’It’s a staggeri

Dave Ramsey warns on Costco habit that could cost $108,000
TheStreet91d agoneutral
Dave Ramsey warns on Costco habit that could cost $108,000

Warehouse clubs like Costco are designed to help save consumers money. Buying in bulk can lower your cost per item, and the retailer is known for competitive prices on everything from groceries to electronics. Plus, the nice thing about buying Costco products is that the company stands behind ...

Anthropic just landed its biggest win of 2026 so far
TheStreet91d agoneutral
Anthropic just landed its biggest win of 2026 so far

On June 12, Amazon engineers handed a report to the U.S. Commerce Department. Within hours, two of Anthropic's newest AI models went offline for every user on the planet. Nineteen days later, Anthropic got them back. The return of Claude Fable 5 to global availability on July 1 is the result of two ...

Investing.com91d agoneutral
Will a DT/TMUS merger really go ahead?

Investing.com -- Deutsche Telekom’s recent share price decline appears overdone, according to UBS, which argues that investor concerns over a potential merger with T-Mobile US and rising competition in the U.S. wireless market have overshadowed the company’s strong operating performance.

Meta CEO sends warning on its AI goal before earnings
TheStreet91d agoneutral
Meta CEO sends warning on its AI goal before earnings

Shares of Meta Platforms (META) have struggled in 2026, despite the company's aggressive push into artificial intelligence. The stock is down 11.7% year to date through July 2, trailing the S&P 500's roughly 9% gain over the same period. On July 2, Meta’s CEO Mark Zuckerberg acknowledged that ...

Cigna (CI) Stock Still Looks Cheap As Earnings Stay Strong
Simply Wall St.91d agoneutral
Cigna (CI) Stock Still Looks Cheap As Earnings Stay Strong

Cigna Group stock has delivered a 34.3% gain over the past 5 years, yet the shares have fallen 8.0% over the last year and still screen as cheap on the latest valuation checks. That mix of solid long term returns, recent share price weakness, and a high value score sets up a clear question about whether the current price around US$287.77 fairly reflects the business today. Over 5 years, Cigna Group has returned 34.3%, which points to a business that has rewarded patient shareholders even...

GM's EV strategy is under pressure
TheStreet91d agoneutral
GM's EV strategy is under pressure

General Motors (GM) may have retained the top spot in U.S. auto sales for the second quarter, but it still saw a 4.2% year-over-year decline and an especially sharp drop in EV sales. The automaker pointed to a shrinking EV market and economic uncertainty as key factors for the overall decline. At ...

Investing.com91d agoneutral
Which Retailer Can Deliver My Order the Fastest?

Investing.com -- Delivery speed is emerging as a key competitive advantage for retailers as AI-powered shopping assistants become more common, with Morgan Stanley’s latest analysis finding Walmart offers the strongest overall fulfillment model. At the same time, Amazon Now leads on raw delivery speed.

Anthropic quietly joins the race to build its own chips
TheStreet91d agoneutral
Anthropic quietly joins the race to build its own chips

Anthropic has opened early talks with Samsung Electronics to manufacture a custom AI chip, according to a report from Bloomberg. The Claude developer has never built its own silicon before. It has relied entirely on chips rented from Amazon, Google, and Nvidia, and that dependence is now colliding ...

Wells Fargo doubles down on stock market and AI
TheStreet91d agoneutral
Wells Fargo doubles down on stock market and AI

Wall Street spent most of 2025 convinced that Federal Reserve rate cuts were the unlock for the next leg of the stock market rally. That thesis did not play out the way most strategists expected. On June 30, Wells Fargo put a number on what the market has actually been running on instead. Wells ...

SPYM vs VTI: Which Trump Account ETF Actually Builds More Wealth by Age 18
24/7 Wall St.91d agoneutral
SPYM vs VTI: Which Trump Account ETF Actually Builds More Wealth by Age 18

The launch of federally seeded child investment accounts, informally dubbed “Trump Accounts,” has parents scrambling to pick a single ultra-low-cost equity ETF to hold for 18 years. Two names dominate the shortlist: the State Street SPDR Portfolio S&P 500 ETF (SPYM) and the Vanguard Total Stock Market ETF (NYSEARCA:VTI). They look nearly identical on paper. They ... SPYM vs VTI: Which Trump Account ETF Actually Builds More Wealth by Age 18

Morgan Stanley resets Southwest Airlines stock price target
TheStreet92d agoneutral
Morgan Stanley resets Southwest Airlines stock price target

Southwest Airlines has spent the past year and a half tearing up its own playbook. For a company that built its identity on being different from every other airline, that is a big deal. Now Wall Street is starting to agree the bet is paying off. Morgan Stanley just gave Southwest Airlines (LUV) a ...

BJ's (BJ): Buy, Sell, or Hold Post Q1 Earnings?
StockStory92d agoneutral
BJ's (BJ): Buy, Sell, or Hold Post Q1 Earnings?

Since January 2026, BJ's has been in a holding pattern, posting a small loss of 4.7% while floating around $88.75. The stock also fell short of the S&P 500’s 8.4% gain during that period.

BofA sees Ford chasing a market far bigger than EVs
TheStreet92d agoneutral
BofA sees Ford chasing a market far bigger than EVs

For years electric vehicles were the auto industry's most significant growth story. That story has become more complicated. Demand has been patchy. Losses have stung. Car producers have been compelled to re-evaluate how swiftly they should invest in battery factories, electric lorries and ...

Exxon (XOM) flashes key signals on New Jersey exit
TheStreet92d agoneutral
Exxon (XOM) flashes key signals on New Jersey exit

Exxon Mobil (XOM) officially moved its legal home from New Jersey to Texas this week. The move became official on July 1, as shareholders had already approved it. Exxon also won a major legal battle. On June 23, the U.S. Supreme Court ruled 6-3 in Exxon's favor. The ruling revives an old lawsuit ...