Business

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Business

Jim Cramer says it’s not the time to buy surging AI stock

Wall Street rewards patience just as often as conviction. Here, the smartest move isn’t buying more but knowing when to wait. I make more money in the market by sitting on my hands than I make by trying to be part of every move.  Jim Cramer spent just a few seconds on July 16 explaining

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Business

California takes $3,500 step to make EVs more affordable

For more than a decade, the U.S. government recognized that government subsidies were essential to get consumers interested in purchasing electric vehicles, at least during the early stages when EVs cost significantly more than gas-powered vehicles. The strategy undoubtedly helped increase EV ownership, because after the $7,500 tax credit for new EVs and the $4,000

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Business

Fed’s Warsh drops fresh clues on interest-rate path, inflation

Kevin Warsh threw down a few red cards during his first meetings with Congress as Federal Reserve Chairman, especially during often-spicy grilling by Senate Democrats over ethics, independence, and artificial intelligence. However, he did strike a hint of forward guidance to investors and consumers about interest-rate paths and inflation during America’s current afforability crisis without

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Business

BofA sees lost year taking shape for gold

Gold’s 2026 story was mostly supposed to be how high the safe-haven trade could potentially run. For context, the shiny yellow metal soared roughly 63% in 2025, according to LBMA benchmark data, the strongest annual gain in more than four decades.  Lately, though, the bull case has been tested, and then some  Yahoo Finance’s quotes

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Business

Tesla face 3 major headwinds heading into earnings report

Earlier this month, Tesla investors got some much-needed good news when the electric vehicle maker reported that it delivered more than 480,000 vehicles in the second quarter. The 25% year-over-year increase marked Tesla’s best second-quarter performance, topping the 466,140 deliveries it reported in 2023. Tesla reported declining annual deliveries in 2024 and 2025, so any

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Business

Another popular soda giant closes warehouse operation, cuts 184 jobs

A warehouse shift in Tulsa will result in 184 job cuts, even as production lines beside it continue to operate. TheStreet recently reported that Coca-Cola is closing a Massachusetts bottling plant, while Mars-owned Nature’s Bakery is transferring production from a Missouri facility to other locations. The circumstances differ, but both showed how companies are redrawing

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Business

Meta, Anthropic drop bombshell news on AI market

Last October, Mark Zuckerberg mentioned almost in passing that companies kept asking Meta if they could buy computing capacity from it, at a premium. It sounded like a hypothetical. On July 17, the New York Times turned it into a very real story. Meta and Anthropic are in early talks for a potential computing deal

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Business

Cathie Wood buys $36.1 million of tumbling tech stock

Cathie Wood, CEO of Ark Investment Management, is known for buying high-growth stocks soon after they go public, especially when share prices pull back after an early rally. That’s exactly what she’s doing with SpaceX this week, adding more than $36 million worth of the newly public stock as it trades below its IPO price

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Business

United Airlines stark warning could make your next flight more expensive

Anyone who has booked a flight lately knows fares are not cheap. The airlines’ pricing data pattern over the last few months is unmistakable. Oil goes up, fuel costs surge, and airlines pass the pain to you.  Now, the only question is how much of it they can absorb before it lands on your seat.

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Business

TSMC hikes 2026 guidance as AI demand outpaces capacity

ASML Holding raised its full-year sales guidance on July 15 for the second time in 2026, and investors treated it as confirmation that the AI buildout still has room to run. A day later, Taiwan Semiconductor Manufacturing (TSM) did almost the same thing, lifting its own 2026 outlook for the second time this year, and

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