Nvidia (NVDA) stock investors have been fed a familiar playbook. More robust accelerators, higher rack prices, and another wave of hyperscaler spending were expected to propel Nvidia stock’s valuation to even more stratospheric levels. Bank of America’s latest semiconductor outlook, shared with me, offers an interesting twist on that view. The bank’s analysts, led by
It turns out that Palantir (PLTR) CEO Alex Karp’s thunderous warning about the AI industry wasn’t a one-off rant. Over the past couple of years, the word “AI” has become like a broken record, heard at least once almost every day, often followed by a wave of anxiety. What has happened amid all the FOMO
The biggest banks in the country report second-quarter results on July 14, and the mood on Wall Street is optimistic. Consumer spending is holding up, deal activity is back, and bank stocks have been climbing all year. That is usually a sign of a rally. However, this time, Evercore’s (EVR) Glenn Schorr is telling investors
PepsiCo’s top executive did not sugarcoat things on the company’s latest earnings call. Chairman and CEO Ramon Laguarta told analysts that the war in Iran has pushed gas prices higher, and that is changing how Americans shop. The comments came during Pepsi’s (PEP) second quarter 2026 earnings call on July 9. The world’s second-largest food
Draft night in the NBA is one of those moments that looks perfect from the outside. The suit, the handshake, the jersey, the number that flashes on the screen. For a lot of these kids, it’s the moment their entire life has been building toward. Then the first paycheck arrives and some of them do
Almost every airline around the world has felt the impact of surging jet fuel crises while many did not survive the spike caused by the U.S.-Israeli strike on Iran. Mexican holiday carrier Magnicharters, British cargo carrier European Cargo and Swiss regional airline Air Mountain are among the most recent names to either shut down operations or file
Micron Technology (MU) just issued a different kind of artificial intelligence caution to investors. The dismal earnings picture isn’t the problem. It is not because demand is collapsing. It does not even arise from an obvious shift in the memory-chip cycle. Instead, the warning comes from the stock. Micron’s stock has tanked since the company
Walmart (WMT) looked unstoppable this spring. But by early July, its performance had significantly declined. The retail giant’s shares have fallen from a 52-week highnear $135toabout $112. The stock is now down for the year, even as the broader market keeps climbing. A drop like that usually leaves Wall Street silent. However, Jim Cramer did the
Tesla has spent months pushing employees to use artificial intelligence as aggressively as possible. The company was tracking which engineers consumed the most compute, running internal promotions, and encouraging staff to experiment freely with AI tools. Leadership sent company-wide emails urging workers to try new platforms. Starting July 6, Tesla is capping each employee’s spending
Frequent travelers will know that most airlines in the U.S. will only start accepting checked bags four hours before a domestic flight and six hours before an international one. The exact timeframes differ slightly in different parts of the world while some airports also have an early, or “twilight”, bag dropoff that lets travelers with