Business

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Business

TSMC’s June revenue jump breaks a four-year seasonal pattern

Taiwan Semiconductor Manufacturing (TSM) reported June revenue on July 13 that ran counter to its own recent history, and the timing is not a coincidence. June is normally the month when the world’s largest contract chipmaker cools off, not accelerates. This year revenue climbed instead of slipping, and the gap between the two patterns is

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Business

Mark Cuban warns AI could make US healthcare even worse

Marc Andreessen posted on X on July 12 that AI is already a better doctor than 99.99% of human doctors. He was reposting OpenAI CEO Sam Altman, who had highlighted a finding that physicians spotted fewer flaws in GPT-5.6’s answers than in answers written by actual doctors. Mark Cuban saw it and replied. His reply

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Business

Agenus stock doubles as biotech narrows Phase 3 bet

Agenus is redirecting its Phase 3 colon-cancer strategy. The biotech company said on July 13 that it will stop providing financial support for its BATTMAN study and make ROBBIN, a planned Phase 3 trial of BOT+BAL before colon-cancer surgery, its central development priority. The shift is backed by a private placement expected to provide about

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Business

U.S. travel ban stops some Americans from returning home

The Bundibugyo strain of Ebola, a catch-all term used for a group of viruses that damage the organs and lead to internal bleeding, continues to spread through several African countries. The latest statistics from the World Health Organization (WHO) indicate at least 1,926 infections and 702 deaths in the Democratic Republic of Congo, South Sudan,

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Business

Vanguard doubles down on U.S. stocks with 4 new ETFs

Most Americans who invest do it without ever picking a single stock. They put money into an index fund, usually one that tracks the S&P 500, and let the market do the work. For years, that felt close to a free lunch. Buy the whole market, keep costs near zero, and ride the long climb

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Business

Goldman Sachs says Americans may pay for the AI boom

It’s safe to say that inflation in the U.S. this year felt a lot like a game of whack-a-mole. Just as one pressure point starts to ease, another pops up somewhere else.  The turnaround many had hoped for never arrived. Instead, the Fed’s preferred inflation gauge, PCE, rose to 4.1% in May from 2.9% in

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Business

Palantir CEO has a blunt verdict on OpenAI and Anthropic

Palantir posted the highest revenue growth rate in its history in the first quarter of fiscal year 2026. U.S. commercial revenue jumped 133%. The company raised its full-year guidance by 10 points. By any operational measure, things are going well. And yet Alex Karp walked onto CNBC’s Squawk Box and started criticizing the entire foundation

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Business

Goldman Sachs quietly snags a corner of America’s retirement money

A quiet transformation is happening inside America’s largest corporations. And actually, most people have no idea it is occurring.  The pension funds and 401(k) plans covering millions of American workers are increasingly being handed over to Wall Street‘s elite firms to manage. Why? It’s like the companies sponsoring those plans no longer believe they can

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Business

Goldman Sachs turns bearish on Barbie maker

Wall Street has spent most of 2026 losing patience with Mattel (MAT), and Goldman Sachs just made that clear. The firm downgraded the toy giant to its lowest rating and set a price target below where the stock currently trades.  For the company behind Barbie and Hot Wheels, this is a tough verdict. The call

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Business

Warren Buffett’s $187 billion warning grows louder every day

As equity markets continue to set new records, conventional wisdom would suggest a more aggressive approach from leading investors. Warren Buffett did the opposite, and the sheer scale of his three-year equity retreat is becoming impossible for investors to ignore. Before stepping down as Berkshire Hathaway’s chief executive at the end of 2025, Buffett was

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