Business

Business
Business

Another popular soda giant closes warehouse operation, cuts 184 jobs

A warehouse shift in Tulsa will result in 184 job cuts, even as production lines beside it continue to operate. TheStreet recently reported that Coca-Cola is closing a Massachusetts bottling plant, while Mars-owned Nature’s Bakery is transferring production from a Missouri facility to other locations. The circumstances differ, but both showed how companies are redrawing

Read More
Business

Meta, Anthropic drop bombshell news on AI market

Last October, Mark Zuckerberg mentioned almost in passing that companies kept asking Meta if they could buy computing capacity from it, at a premium. It sounded like a hypothetical. On July 17, the New York Times turned it into a very real story. Meta and Anthropic are in early talks for a potential computing deal

Read More
Business

Cathie Wood buys $36.1 million of tumbling tech stock

Cathie Wood, CEO of Ark Investment Management, is known for buying high-growth stocks soon after they go public, especially when share prices pull back after an early rally. That’s exactly what she’s doing with SpaceX this week, adding more than $36 million worth of the newly public stock as it trades below its IPO price

Read More
Business

United Airlines stark warning could make your next flight more expensive

Anyone who has booked a flight lately knows fares are not cheap. The airlines’ pricing data pattern over the last few months is unmistakable. Oil goes up, fuel costs surge, and airlines pass the pain to you.  Now, the only question is how much of it they can absorb before it lands on your seat.

Read More
Business

TSMC hikes 2026 guidance as AI demand outpaces capacity

ASML Holding raised its full-year sales guidance on July 15 for the second time in 2026, and investors treated it as confirmation that the AI buildout still has room to run. A day later, Taiwan Semiconductor Manufacturing (TSM) did almost the same thing, lifting its own 2026 outlook for the second time this year, and

Read More
Business

Oppenheimer sends warning on IBM after shares crash

The most dangerous moment for a stock is rarely when the skeptics pile on. It is when the last true believer quietly heads for the door. Wall Street runs on a simple hierarchy. There are the analysts who never liked a company, the ones who flip with the wind, and the rare few who plant

Read More
Business

Bank of America just made a strong call on inflation, economy

Bank of America watches about 38.7 million checking accounts. That’s not a marketing number. It’s the size of the window the bank has into how ordinary Americans are actually spending their money, week by week. When Brian Moynihan speaks about the consumer, that’s the data he’s pulling from, and right now that data is telling

Read More
Business

16-year-old chain restaurant quietly closes four locations

While the global market for eating out is projected to grow from $1.9 trillion now to more than $3 trillion by 2030, many individual chains have been taken down by short-term pressures such as rising operating costs and a changing customer base. Chains such as Smokey Bones, Peet’s Coffee and Joe’s Crab Shack have all

Read More
Business

Nvidia CEO doubles down on AI and stock market verdict

In the span of a few days in early June, AI and chip stocks lost $1.3 trillion in market value. U.S. semiconductor names got hit hard. Investors who had been riding the AI wave suddenly started asking whether the trade had run too far ahead of reality. Jensen Huang was in Seoul on June 8

Read More
Business

Warren Buffett has a blunt take on today’s market

There is a moment in every bull market when doing nothing starts to feel like the dumbest thing a person can do. Everyone around you is up. The riskiest bets are paying the most. Sitting in cash looks less like discipline and more like cowardice, a failure of nerve dressed up as prudence. That feeling

Read More