Most of the money in your life is a matter of faith. The balance on your banking app, the bills in your wallet, the number on your 401(k) statement — none of it is backed by anything you can hold in your hand. You trust that it means what it says, and so does everyone
For the past two years, the message from Big Tech to its employees was simple: use more AI. The companies that used it most would win. The numbers would follow. The numbers have not followed. And now the message is changing. What Amazon did and what it told employees Amazon (AMZN) shut down an internal
Two weeks ago, JPMorgan raised its Dell price target to $280 and called it a meaningful move. After Dell’s latest earnings, that target lasted less than a fortnight. On May 29, the same analyst nearly doubled it again. JPMorgan raises Dell target: the analyst behind the call Samik Chatterjee, a top-ranked JPMorgan analyst rated eighth
The largest specialty apparel company in the U.S. has enjoyed success since it launched as a denim jeans retailer in 1969. Mid-1970s rock and roll radio commercials featured the successful Gap chain that sold Levi’s, vinyl records, and tapes (likely 8-track and cassettes) for young Americans. My memory from that era was the apparel chain’s
In February and March 2026, Snowflake was the stock Wall Street couldn’t quite figure out. The stock was down 50% from the early January high to early April 2026, according to TradingView data. Snowflake was caught between a decelerating core business and an AI narrative that kept getting pushed further into the future. Then Snowflake
It was, dare we say, quite a cheery outlook to the end of the trading day. All three major U.S. stock indices closed at fresh record highs on May 28, the same day inline core PCE inflation data met consensus expectations AND multiple White House sources reported a new, tentative 60-day Iran War cease fire.
Silver hit $120 an ounce at the start of 2026. It is now stuck below $75. The metal has given back more than a third of its peak value, and the debate is whether that is a buying opportunity or a warning sign. Bank of America’s answer is more complicated than either side wants to
Every administration has its preferred economic forecast, and the ones that arrive with a release date attached deserve the most skepticism. Promises about commodity prices on cable television tend to age like fish, not wine. That pattern has been on display since February, when U.S. and Israeli strikes on Iran triggered the largest oil supply
Last month, United Airlines CEO Scott Kirby confirmed that he approached fellow “big three” competitor American Airlines about a potential merger after several outlets broke the story on the back-room discussions. While the Dallas-based airline has faced more financial strain than its two main competitors since the start of 2026, American Airlines immediately shot down
Big companies rarely break themselves apart for fun. They do it because the market refuses to give two businesses living under one roof the credit each deserves on its own. Conglomerate discount is the polite term for the math. Less polite is what shareholders call it after years of watching a slower, lower-margin unit drag