Every argument about the economy is really an argument about which number counts. Pick one and the year looks like a recovery. Pick another and the same 12 months look like a squeeze. You know this already. Your paycheck went up, and so did the total at checkout. Whether that adds up to progress depends
Pandora (PNDORA) just told investors it will keep replacing silver in its jewelry, even though silver’s price has fallen significantly from its record high. That decision surprised some market watchers. When the price of a material drops, most companies take the cost savings and move on. Pandora is doing the opposite. The Danish jeweler wants
The spending is going up. The margins are going down. Free cash flow is negative. And a Wall Street analyst who covers one of the most closely watched stocks in the market just published a note saying the next quarter has to be different. The note comes from Morgan Stanley. The company it covers is
Memory chip investors have heard this pitch before. This cycle is different, the demand is structural, and the old boom and bust pattern no longer applies. SanDisk Corp. (SNDK) made that case forcefully at its investor day on Thursday, Aug. 13, and the market bought it. Shares closed up 13.67% that session. The stock kept
Billionaire investor Bill Ackman has been busy putting billions of dollars to work after completing one of the biggest milestones in the history of Pershing Square. In its second-quarter update, Pershing Square highlighted the $5 billion initial public offering of PSUS, the New York Stock Exchange listing of Pershing Square USA, Ltd. (PSUS), and the
The world’s biggest pool of investment money now owns a part of SpaceX (SPCX). Norway’s Government Pension Fund Global, valued at about $2.3 trillion, disclosed a stake in Elon Musk‘s rocket and satellite company for the first time this week. The fund is famous for owning a little bit of almost everything. It holds shares
Bill Ackman just did something few investors expected. He bought Netflix stock again. His hedge fund, Pershing Square Capital Management, disclosed a new Netflix (NFLX) position of 3.15 million shares. The stake now makes up about 4.9% of Pershing Square’s portfolio. The purchase is notable because of what happened last time. Ackman bought Netflix in
Peter Thiel’s Thiel Macro hedge fund has been conspicuously out of investing in stocks for a while. His fund reported zero 13F holdings at the end of December 2025 and again showed nothing as of March 31, 2026. That’s why Thiel Macro’s Q2 filing is particularly shocking, returning with a massive $418.7 million portfolio. His
In the summer of 2026, several smaller airlines have suffered fatal crashes that resulted in the loss of life and suspension of their operating licenses. On July 10, a Cessna 402 plane operated by Bahamian carrier Flamingo Air crashed into the bushes on Andros Island in an accident that took the lives of all nine passengers
A restaurant giant that built a global footprint rapidly by opening new locations worldwide is now pulling back on its expansion plans as weaker results and higher costs pressure its business. The company closed more than 200 stores during the first half of 2026 and has lowered its target for new openings this year, signaling