Business

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Business

Royal Caribbean warns cruisers of new port ban

Located approximately 28 kilometers or 17 miles northwest of the Portuguese capital of Lisbon, the historic coastal town of Sintra is a popular day trip destination both for the Portuguese and visitors to the country for the picturesque views of bright Romantic palaces peeking out from the lush forest of Sintra-Cascais Natural Park. While the

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Business

Samsung’s foldable preorder surge comes with a retail catch

Samsung Electronics (SSNLF) may have discovered a huge new growth market for its priciest smartphones, and it’s not just in the biggest cities of India. The company said its Galaxy Z Fold8 Ultra, Galaxy Z Fold8, and Galaxy Z Flip8 received more than 271,000 pre-orders in India within 72 hours of their launch on July

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Business

Fed interest-rate decision rocks Wall Street’s inflation fears

The Federal Reserve’s July policymaking meeting ended with no interest-rate hikes nor forward guidance but with a boatload of Fed speak and word salad. Kevin Warsh insisted the Fed will still be able to lower inflation to its 2% target — a measure it has missed for five years — but didn’t say how.  He

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Business

Wells Fargo sees a massive number in Snowflake’s future

Wall Street does not usually turn on a stock this fast. Earlier this year, Snowflake (SNOW) was one of the names investors turned away from when they decided artificial intelligence might break the software business.  SNOW stock fell hard, and the story around it was almost entirely about what AI could take away. On July

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Business

Morgan Stanley warns SpaceX approaching its most dangerous moment

In rocketry, Max Q is the moment of maximum aerodynamic stress on an ascending rocket, the point where the physical forces trying to tear it apart are strongest.  Morgan Stanley borrowed that concept in a note shared with me at TheStreet to describe exactly what SpaceX (SPCX) is about to experience. The company reports its

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Business

Corning’s AI data-center trade hits a guidance wall

Corning is best known for Gorilla Glass, the durable material used in smartphone screens. The company also makes the optical fiber, cables, and connectors that move data among thousands of processors inside artificial intelligence data centers. That business helped more than double Corning’s share price over the previous year. Corning (GLW) shares were down about

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Business

Goldman Sachs uncovers key AbbVie stock signals before earnings

AbbVie(ABBV) reports second-quarter results on Friday, July 31, and the mood around the stock has changed. A few months ago, investors were restless. The two drugs carrying the company were doing fine, but everyone already knew that, and the market wanted a new reason to invest. Goldman Sachs went back through the numbers ahead of

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Business

SpaceX stock sends investors a signal they need to see

After its record-breaking debut, SpaceX is proving that a blockbuster IPO does not guarantee a smooth ride. The rocket and satellite company has spent much of July shedding value at a pace that caught seasoned traders off guard. Shares fell again on July 27, marking the 13th decline in the last 16 sessions. The stock

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Business

J.P. Morgan says IPO wealth demands one first move

If your company is heading toward a public listing in 2026, your net worth may have multiplied on paper in months. One of the largest banks in the world is urging you to pause and answer one question before you touch a dime. SpaceX kicked off the class with the largest IPO in history in

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Business

A Medicare surcharge that could quietly cost retirees thousands

You did the right things. You saved. You invested. You planned your retirement income carefully. T hen the Medicare bill arrived and it was nothing like what you expected. The number on the page was hundreds of dollars higher per month than the standard premium you had budgeted for. What hit you is called IRMAA,

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