Business

Business
Business

Citi sends a strong verdict on Mag 7, stock market

For about three years, the Magnificent Seven was Wall Street‘s shortcut for everything that was working in markets. Nvidia (NVDA), Apple (AAPL), Microsoft (MSFT), Alphabet (GOOGGL), Amazon (AMZN), Meta (META), and Tesla (TSLA). You owned them, you owned the AI boom. The trade was simple, and it paid off well for a long time. Citi

Read More
Business

Morgan Stanley doubles down on Schwab after earnings

Charles Schwab just delivered one of its strongest quarters on record, and the stock still dropped. That disconnect caught Morgan Stanley’s attention, prompting the firm to double down on its bullish stance. Schwab reported second-quarter adjusted earnings of $1.62 per share on record revenue of $7.07 billion, beating Wall Street estimates on both fronts. The

Read More
Business

Bank of America targets Nvidia’s next $170 billion growth engine

You’d expect Nvidia’s (NVDA) next big catalyst to come from familiar places: quicker  GPUs, larger clusters, and more cloud spending.  Google parent Alphabet’s earnings strengthened that assumption. Google bumped its 2026 CapEx forecast to $195 billion to $205 billion, according to Reuters, underscoring that demand for AI infrastructure remains intense.  Consequently, according to Yahoo Finance,

Read More
Business

The latest wave of Italian restaurants has come to NYC

With some of the city’s most iconic foods being pizza and the various dishes invented in the original red-sauce joints, Italian food in New York City dates back to the late nineteenth century when waves of immigrants from southern Italy started arriving in Lower Manhattan. Since then, New York’s Italian food scene has gone through

Read More
Business

Jamie Dimon just sent a warning about the market

There is a version of financial advice you get for free, and a version you only get by watching what somebody does with his own money. The two do not always match. Wall Street just finished a quarter that looked close to perfect. The five largest American lenders posted record results. Trading desks printed money.

Read More
Business

Sandisk’s stock buyback program explained

Sandisk went public in February 2025, and just over a year later, the flash memory storage maker’s board of directors approved a plan to buy back shares. The repurchase comes as the company’s shares reached record highs well above its IPO price. Here’s what current and prospective Sandisk investors should know about the company’s stock

Read More
Business

Goldman Sachs backs surprising non-AI stocks

For investors who owned artificial intelligence stocks over the past three years, their portfolio has probably done well. But one of Wall Street‘s most influential banks is now flagging a risk to the AI-heavy positioning that has dominated portfolios. Goldman Sachs released a research note identifying three investment themes that are entirely outside the AI

Read More
Business

White House’s sweeping Canada tariffs put US prices at risk

The White House announced on July 20 that it will impose 50% tariffs on close to $20 billion worth of Canadian imports, covering everything from cement and clothing to hockey sticks and swimming pools.  The duties take effect on August 19 and represent some of the broadest levies the administration has placed on a single

Read More
Business

BlackRock draws Wall Street’s attention with eye-catching move

BlackRock (BLK) just stepped into the middle of the AI buildout, and it did so as a lender rather than a builder. The world’s largest money manager is looking to raise more than $12 billion in bonds to help fund a Meta Platforms (META) data center campus in El Paso, Texas. That single move tells

Read More
Business

Elon Musk, Tesla and SpaceX face serious questions from investors

Tesla runs its earnings Q&A through a platform called Say Technologies, where shareholders submit questions and vote them up based on how many shares they hold. The idea is that the most pressing investor concerns rise to the top, giving Musk and his team a clear read on what the market actually wants answered before

Read More