After years of expansion, one of the world’s most recognizable luxury brands is closing stores and exiting an entire market, as it takes a more selective approach to its retail footprint. The move comes as luxury companies rethink their store networks amid changing consumer behavior, economic uncertainty, and a greater emphasis on high-performing locations and
Nvidia reports August 26. The stock has had a rough few weeks. Bond yields spiked, the broader market sold off, and AI infrastructure names got hit harder than most. Michael Burry flagged a startup. The circular financing debate keeps resurfacing. There is no shortage of reasons to be cautious heading into next week. Oppenheimer is
Berkshire Hathaway’s (BRK.A, BRK.B) second 13F filing of the Greg Abel CEO era came with a big surprise in a massive expansion of its Alphabet (GOOG) stake. Warren Buffett’s investing juggernaut raised its position by 83% to nearly 106 million shares worth $38 billion, making Google’s parent its third-largest stock holding behind Apple (AAPL) and
Cathie Wood, head of Ark Investment Management, often adds to her favorite tech stocks when prices swing. This week, she’s buying SpaceX (SPCX), continuing to build her position after the newly public stock went through a volatile stretch following its first earnings report. Last year, the flagship Ark Innovation ETF gained 35.49%, far outpacing the
HP Inc. is heading into fiscal third-quarter earnings with signs that its PC business is gaining ground, while Bank of America remains firmly bearish on the stock. HP Inc. (HPQ) will report results for the quarter ended July 31 after the market closes on Aug. 26, with its earnings call scheduled for 5:30 p.m. EST.
While once not particularly known as a travel destination outside of Spain itself and certain religious communities, the town of Santiago de Compostela has been attracting an increasing number of tourists over the last half-decade. As the number of travelers embarking on the 820-kilometer network of pilgrimage paths ending at the shrine of Saint James
The U.S. Treasury just made an unusual move that caught Wall Street off guard, and it says a lot about how nervous officials have gotten over borrowing costs. Yields on the longest-dated government debt had been climbing toward levels not touched since before the 2008 financial crisis. On the same day the national debt crossed
When you buy a Pixel phone, wristwatch, or pair of earphones, you usually don’t think about the nation emblazoned in tiny characters on the packaging. For Alphabet (GOOGL) investors, it matters more and more. Google is planning to shift production of all of its Pixel phones, watches, and wireless earbuds out of China by 2027,
The first low-cost airline in Asia dates back to 1988 with the launch of the Philippine carrier Cebu Pacific. Yet the true boom, which saw dozens of carriers spring up within months, began when the Malaysian airline AirAsia rebranded as a low-cost carrier in 2001. The no-frills model, novel at the time but increasingly ineffective
On Jan. 3, 2026, U.S. special forces captured Venezuelan leader Nicolás Maduro in a raid called Operation Absolute Resolve. One of the soldiers who helped plan that mission had also placed a string of bets on Polymarket predicting Maduro would be out of power within the month. Master Sgt. Gannon Ken Van Dyke turned roughly