Saudi Aramco just posted its strongest quarterly profit in over a year. Its CEO used the occasion to deliver one of the most direct assessments yet of how long the global oil market may stay disrupted. The earnings were good news. The message that came with them was considerably more sobering. What Amin Nasser said
Apple (AAPL) is spending much of the artificial intelligence boom looking like the company that missed the memo. Apple took a more cautious approach as Microsoft (MSFT), Alphabet (GOOGL), Amazon (AMZN), and Meta Platforms (META) rushed to construct larger data centers, purchase more CPUs, and defend massive expenditures for AI infrastructure. Investors were irritated by
Wall Street already knew CoreWeave was growing fast. But after its first-quarter 2026 earnings call, CEO Mike Intrator made something crystal clear: the company is winning business while locking up the AI infrastructure market for years to come. The numbers backing that claim are hard to dismiss. CoreWeave (CRWV) generated $2.1 billion in revenue during
Exchange-traded funds have become the default vehicle for millions of Americans seeking to build long-term wealth through low-cost, diversified portfolios. U.S. ETF assets surged to a record $13.46 trillion at the end of 2025, with net new flows topping $1.46 trillion for the full year, American Century reported. The stampede into these products shows no
Every American household runs on a quiet routine. You fill up on the way to work, again on the way home from soccer practice, again before the long weekend road trip. The receipt slides into the cup holder and gets forgotten. Until it does not. I have been tracking pump receipts in my own family
HubSpot gave investors a first-quarter report that showed several positive headline numbers, but Bank of America came away focused on a different part of the story. The firm downgraded HubSpot to underperform from buy and cut its price objective to $180 from $300, arguing that the company’s changing go-to-market strategy brings a new layer of execution risk. The
The federal government is less than two months away from opening Trump Accounts for private contributions on July 4, 2026, and a debate over what should go in them has begun. White House and Treasury officials have discussed allowing wealthy donors to contribute shares of stock directly into the children’s savings accounts, a shift that
Nvidia (NVDA) is a semiconductor giant and artificial intelligence king. It makes GPUs, CPUs, AI inference accelerators, and networking solutions (which are becoming increasingly more important). The company divides its revenue sources into five end markets: Data Center, Gaming, Professional Visualization, Automotive, OEM, and Other. The stock is up approximately 15.3% year to date, at
Rate cuts? Rate hikes? Another pause? Federal Reserve Bank of Chicago President Austan Goolsbee said all these options over interest-rate policy are on the table at the central bank right now. “I don’t see how you can look at the current situation and, at least to me, view that the only thing that’s on the
The surprisingly stable April jobs report just made incoming Federal Reserve Chair Kevin Warsh’s cues from the White House to slash interest rates next month a good deal more difficult to execute. Despite rising energy costs fueled by the Iran War, U.S. employers added more jobs than expected for a second month and theunemployment rate