Business

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Business

Dow Jones bank stock hits record high on surprise jobs report

The latest jobs report gave Wall Street another reason to bet big on America’s largest bank. Shares of JPMorgan Chase & Co. are trading near all-time highs at the time of writing, helping lift the Dow Jones Industrial Average to record levels in August 2026.  The Dow 30 bank stock touched a fresh all-time high

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Business

Bank of America reveals Rocket Lab stock outlook after earnings

Rocket Lab’s second-quarter results gave Bank of America another reason to stay bullish on the space company, even as one part of the business came in lighter than Wall Street expected. Bank of America reiterated its Buy rating and $115 price objective on Rocket Lab (RKLB) after earnings, analyst Ronald Epstein said in a note

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Business

19-year-old luxury travel brand files for bankruptcy

With multiple small airlines and travel agencies shutting down operations since the start of the year, 2026 has ended up being a challenging year to be in the travel industry. Rising travel costs due to the spike in jet fuel prices over the war in Iran as well as regular challenges around finding customers and

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Business

Analyst warns software stock has an $18B problem

Bending Spoons has built its public-market story around acquisitions, but Bank of America says investors may be expecting far more dealmaking than the company can realistically fund. In a note given to TheStreet, BofA analyst Omar Dessouky downgraded Bending Spoons (BSP) to Underperform from Neutral while raising his price objective to $39 from $37. With

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Business

Apple’s next iPhone battle just got more complicated

Apple (AAPL) is preparing to undertake a pretty unpleasant AI test. Google has unveiled the Pixel 11 series. With Gemini Intelligence incorporated much more deeply into the smartphone experience, it offers customers an AI assistant that can comprehend what they’re doing across messaging, calendars, maps, and other services, then help take action. That’s important, since

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Business

Another low-cost airline is betting big on Guatemala travel

With more than one million international travelers coming to Guatemala in the first four months of 2026, the tourist numbers are a clear indication that the Central American nation known for its Mayan history and volcanic landscape is in the middle of a tourist boon that will only continue to gain momentum. In January 2026,

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Business

‘Big Short’ Michael Burry takes aim at surging AI stock

Betting against AI still looks like a dangerous game. In particular, one fast-growing AI neocloud stock has surged more than 200% in 2026, as investors continue to pour money into companies facilitating the AI boom.  Demand looked relentless, and the market’s been pricing in plenty more growth, even though investors appear to be in “show-me”

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Business

Paramount just offered up its crown jewel

When regulators threaten to block a merger, the company on the other side usually offers something replaceable. A distribution deal. A regional station. A slice of market share nobody will miss. Paramount Skydance just put its most recognizable news brand on the table instead. Chief Legal Officer Makan Delrahim said the sale of CNN is

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Business

Al boom mints new winners you’ve never heard of

Every gold rush produces two kinds of fortunes. There are the people who find the gold, and there are the people who sell them the shovels. History remembers the first group and quietly enriches the second. The artificial intelligence (AI) buildout has followed that script almost to the letter. Investors who missed Nvidia (NVDA) crowded

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Business

New Boeing deal gives Archer something rivals don’t have

Archer Aviation (ACHR) has spent years as a pre-revenue startup, burning cash while it waits for regulators to let its air taxis carry paying passengers. That description no longer fits. On Aug. 10, Archer said it will buy three Boeing subsidiaries in an all-stock deal, and the market pushed the stock up 18.4% that day.

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