Carvana (CVNA) closed Thursday, June 11, at $67.82, up less than 1% on the day and roughly 2% over the past week. The stock remains well below its 52-week high of $97.38, and Morgan Stanley just gave investors a catchy number that measures nicely against current price levels. In a research note dated June 10,
The dominant fear about artificial intelligence in the workplace is straightforward: AI gets good enough to do a job, the job disappears, and the person who held it does not get it back. Jeff Bezos does not buy that story, and on June 11 he explained, in detail, why. In an interview with CNBC’s David
It is a tough time to be in the aviation market and doubly so for certain types of airlines. Amid the skyrocketing price of jet fuel, recent airline collapses include Spirit Airlines in the U.S. but also Mexican holiday airline Magnicharters which filed for bankruptcy protection in Mexico City in May and British cargo carrier European
Palantir (PLTR) CEO Alex Karp isn’t buying into the idea that Anthropic, OpenAI, or any other large language model company can simply move into Palantir’s world. Though he sees the threat that Wall Street is worried about, he feels investors are asking the wrong question. That jab lands as Anthropic is moving closer to going
Forty thousand shareholders descended on Omaha on May 2 for what had been billed as a generational transition. Greg Abel presided over the 2026 Berkshire Hathaway annual meeting as CEO for the first time. Warren Buffett was in the front row as Chairman. During the lunch break, Buffett sat down with CNBC’s Becky Quick. She
Nvidia (NVDA) has spent most of the AI boom dealing with “good” problems, chief among them that its most important chips remain very hard to get. According to TheFly, Wedbush analyst Matt Bryson just revisited Nvidia stock after finding that demand for the company’s Grace Blackwell systems remains unusually strong, with customers saying GB300 and
Anyone who has spent time watching how institutional fixed income trading actually works knows the frustration. You have a bond to buy or sell. You have a list of dealers who might quote it. And you are making counterparty selection decisions based on relationships, intuition, and historical experience in a market that moves in real
The American consumer has spent years absorbing shocks that economists expected to break spending. Covid pandemic disruptions, the fastest inflation in four decades, aggressive interest rate hikes, and the Iran war energy price surge in April 2026 all tested household finances, and spending held up each time. The conventional explanation has been pandemic savings, a
If you think inflation means stores are dropping prices to win consumers back, think again. One of America’s historic footwear giant is actually betting on higher-priced products, and closing stores at your local malls. The way we buy shoes has radically transformed. Stiff dress shoes have been replaced by versatile comfort, according to the US
The White House is rapidly pushing forward with its longtime campaign for drastically lower interest rates to ensure Fed Chair Kevin Warsh gets the message as his first policymaking meeting looms. President Donald Trump, in an oft-confrontational interview with NBC News’ “Meet the Press,” blasted the growing consensus from Main Street to Wall Street that