Drug trials fail all the time. What is rare is a failure that costs a company tens of billions of dollars in a single afternoon. That is what happened to AstraZeneca (AZN) on July 9. One setback wiped out more market value than the stock had lost on any day in years. For investors, the
Reddit (RDDT) is generally considered a social-media stock. That may understate the opportunity. Reddit won social media ad share in the second quarter, bolstered by contextual targeting, a high-intent audience, and incremental reach, Jefferies underlined. But the hidden investor implication is wider than just a few advertisers moving dollars. Reddit may be constructing something like
Oracle’s annual filing cited AI adoption among the drivers of 21,000 job cuts in fiscal 2026. Snap cut 1,000 people and the CEO said rapid AI advances meant a smaller team could do the same work. At college graduation ceremonies this spring, speakers who brought up AI got booed. By May, Challenger, Gray and Christmas
Juan Hernandez, who now works as a welder at Jeff Bezos-owned rival Blue Origin, is one of more than 4,400 current and former SpaceX employees who became millionaires on paper when the company went public. When SpaceX hired Juan Hernandez as a welder in 2015, the company offered him $10,000 in stock alongside his $28-an-hour
It’s not often that dividend stalwarts are viewed as obviously mispriced, but Bank of America sees an exception in Coca-Cola (KO) stock. For generations of investors, Coca-Cola has delivered uninterrupted dividend income, paying every year since 1920, according to Investing.com. That record stretches back long before most modern blue-chip investors were born. More importantly, Coca-Cola
The weakest point in financial security may not be a brokerage account password but a far less obvious vulnerability. Vanguard warned in a recent report that modern fraudsters exploit fear, urgency, and romantic trust to override rational thinking in investors. The firm’s behavioral economics team identified the specific psychological traps that make even experienced investors
A single failed trial can undo years of work in one trading session, and Ionis Pharmaceuticals (IONS) just went through both consecutively. Ionis Pharmaceuticals lost nearly a quarter of its value on July 9 after its heart drug Wainua failed to meet the primary goal of a late-stage trial. The next day brought a second
Tesla investors who have bet on Elon Musk and his electric vehicle company have been rewarded for their faith time and again. The stock seems immune to prolonged downturns, even when Tesla (TSLA) fails to deliver on one of Musk’s grandiose promises. And when he does deliver, the stock also pushes higher. But one of
I have been tracking SanDisk’s numbers. It’s one of my favourites. Why? Its performance, and the reason behind the big numbers. And the numbers keep doing something unusual for sure. They keep getting bigger than the already-big numbers that preceded them. If you didn’t know, SanDisk (SNDK) is the top-performing S&P 500 stock in 2026,
We have largely come to accept a modern digital bargain: When we interact with AI chatbots, our prompts become fodder for their ongoing training. These models feast on a constant stream of user data to survive. Now, however, that massive accumulation of chat history is exactly what has landed OpenAI in hot water. The New