Buying an S&P 500 index fund can feel like a straightforward way to diversify. After all, many American workers dollar-cost average into this sort of fund with every paycheck via a 401(k) or IRA without even thinking about it. Steve Sosnick, chief strategist at Interactive Brokers, argues that investors should look more closely before assuming
Eli Lilly (LLY) has spent the last two years as the company everyone points to when they talk about weight-loss drugs. That reputation made it the most valuable pharmaceutical company in the world. It also created a problem the company now seems eager to solve. On August 31, Lilly agreed to buy Merida Biosciences for
Stocks have had a run that has made even seasoned investors a little giddy. Now one of Wall Street’s most closely watched voices is telling everyone to temper expectations before the next 12 months unfold. Goldman Sachs Chief Global Equity Strategist Peter Oppenheimer has built a reputation for calls that age well. His latest one
There was a time when you couldn’t walk through an airport, a grocery aisle, or a high-end gym without seeing the brand’s iconic logo. Lululemon Athletica Inc. (LULU) didn’t just sell activewear; it sold an aspirational uniform that seemed entirely immune to the laws of retail gravity. Lululemon once traded like a company that could
You learn early in life which voices are worth pricing. The friend who says 7 o’clock and shows up at 7. The contractor who quotes three weeks and hands you the keys in three weeks. You stop double-checking those people, and the trust saves you real money. You learn the reverse just as fast. Someone
Wall Street has rewarded investors in 2026, but they’ve questioned the durability of those gains. Through Sept. 1, the S&P 500 shot up 11.5% year-to-date, the Nasdaq Composite 12.3%, the Dow 9.8%, and the Russell 2000 17.7%. Yet the Nasdaq entered a correction in March as the Iran war drove oil higher, markets rebounded to
Some technology companies develop products in laboratories and then search for customers. The new venture backed by Palantir CEO Alex Karp is starting from almost the opposite direction: actual battlefield knowledge, gleaned through the years. Ukraine’s former military minister Mykhailo Fedorov is starting a defense-technology business, with Karp as its first significant investor, according to
For years, Elon Musk’s most ambitious promises across Tesla and SpaceX lived mostly in keynote slides and roadmap timelines. That is starting to change, and Musk himself agreed with the shift. Someone on X laid it all out. Robotaxi fleet growing. Cybercab event confirmed. Semi rolling off the line. Optimus production starting. A $100 billion
Tech companies have been sending difficult messages to employees all year. Meta did it in May, shedding roughly 8,000 workers in one of the largest rounds of job cuts the company has ever made, as TheStreet reported. Morgan Stanley cut nearly 2,500 roles in March. UBS has been working through thousands more layoffs. Uber became
The S&P 500 has delivered double-digit gains in 2026, and the rally has outlasted every warning thrown at it so far. One of Wall Street’s most closely tracked positioning gauges is now flashing a different signal. Bank of America’s proprietary Bull & Bear Indicator has remained in sell-signal territory since May 2026, with July weekly