Business

Business
Business

Billionaire George Soros makes sevenfold move on AI chip stock in latest 13F

George Soros is the man behind the famous ‘Black Wednesday’ on Sep. 16 1992. On that day, his Quantum Fund ‘broke the Bank of England’ with a $1 billion short on the British pound.  His other notable market moves include building short positions against the Thai baht during the 1997 Asian financial crisis and the

Read More
Business

Buffett’s Berkshire is doubling down on Google

You have probably bought something on sale and watched the sale price turn into the regular price a month later. It stings in a particular way. The discount was real. You did the work, you got the better number, and none of it protected you, because the thing you bought just kept getting cheaper. That

Read More
Business

Elon Musk’s $900 billion SpaceX stake is built on more than rockets

Only a handful of companies can make millions of people stop in their tracks and look up to the sky. A Space Exploration Technologies (SPCX) rocket launch is part engineering, part business, and part spectacle. A Falcon booster descending back toward Earth still looks like science fiction. Starlink satellites have turned space into infrastructure people

Read More
Business

Country shuts down its 106-year-old air mail service

While most laypeople’s experience with aviation starts and ends with commercial airlines, cargo transportation involves an even larger network of flights that take place throughout the world. Mail transportation is typically handled by the national postal service of a given country; in the Scandinavian nation of Norway, it’s the Posten Norge. Its airmail branch was

Read More
Business

Bank of America doubles down on Nvidia stock despite big risk

Nvidia (NVDA) stock is currently trading near $225, up nearly 19% in 2026 and close to 15% from its late-June low. Though that’s hardly weak, it is noticeably more sluggish than last year, when shares surged about 39%, according to Yahoo Finance data. The Nvidia story is incredible to say the least, with veteran analysts

Read More
Business

Apple’s $249 AirPods may be about to learn how to see

You’re in an aisle of a bookshop, airport store, or supermarket and have your hands full. You don’t bring out your phone; you glance at something and ask Siri to remember it. That is the kind of interaction Apple may be preparing for its next generation of AirPods. Unreleased AirPods with a camera appear to

Read More
Business

Popular shoe brand’s stock erased $200 billion in market value

Nike (NKE) hit its highest stock price ever in November 2021, riding pandemic-era sneaker demand that seemed unstoppable at the time. Nearly five years later, that peak looks like a monument to a different company. The stock has spent nearly the entire stretch since sliding, and the drop has erased roughly $200 billion in market

Read More
Business

Mark Cuban has strong words on taxes and wealthy Americans

California is about to find out whether taxing billionaires is an idea that works in practice the same way it works in a speech. A ballot measure heading to voters in November is forcing that question into the open, and the fight it has triggered between a $10.6 billion investor and a sitting congressman says

Read More
Business

Veteran fund manager rethinks Intel stock target

Intel CEO Lip-Bu Tan has made a major purchase of Intel stock as the chipmaker ramps up its AI ambitions. Tan purchased 105,263 Intel (INTC) shares for $95 each on Aug. 11, spending roughly $10 million, according to a Form 4 he filed with the Securities and Exchange Commission. The purchase increased his beneficial ownership

Read More
Business

JPMorgan just flagged a slow-building food crisis

Fear travels faster than arithmetic — and it moves fastest around the one household bill you cannot skip, defer, or really shop your way out of. Groceries have been the sorest spot in American household budgets since 2022, when food prices rose 9.9% in a single year, the fastest pace since 1979, according to the

Read More