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
Box Inc (BOX) just fell roughly 4% on May 27 after reporting first-quarter results. While many investors still view Box as a traditional cloud storage company, CEO Aaron Levie used the earnings call to lay out a much bigger vision for AI agents and the future of work. Levie said enterprises are moving toward a
Even before the jet fuel crisis that already led to thousands of flight cuts and dealt the final blow to Spirit Airlines, aviation has never been a particularly lucrative industry due to the prohibitive costs of both launching and staying in business. Since the start of 2026, the shares of “big three” airlines United and
Walmart shares have pulled back, but Bank of America is telling investors the move may have created a fresh opportunity in one of retail’s biggest names. In a Bank of America note given to TheStreet, analyst Christopher Nardone reiterated a Buy rating on Walmart (WMT) while lowering the firm’s price objective to $144 from $150.
Spotify Technology has spent years proving it can build one of the largest music-streaming audiences in the world. Bank of America now thinks the company is entering a more important phase, where the business can turn that scale into higher revenue, stronger margins, and more ways to charge its most engaged users. In a Bank
New York City is an expensive place to live. From sky-high rents to the high cost of living, everything adds up to an individual’s monthly budget. According to an Investopedia report, New York City’s Manhattan borough is the most expensive city in the U.S., with its cost of living more than twice the national average.