Tesla (TSLA) has spent years turning the Model Y into the benchmark for electric SUVs. That supremacy has been a big advantage for Tesla. It has scale, brand awareness, manufacturing knowledge, and a car that helped define the electric vehicle category for the mainstream market. But Rivian Automotive (RIVN) just offered investors a cause to
A major packaged food company is exiting an entire market after years of weak performance, saying the business had become a “drag” on overall results. It joins a growing number of food manufacturers shedding underperforming operations to focus on higher-growth opportunities. The move reflects a broader trend across the food industry, where companies are streamlining
Broadcom stock got a new Apple-backed catalyst just as Wall Street was questioning how much good news was already priced in. TheStreet previously reported that Broadcom extended its Apple chip supply agreement through 2031, locking in a key supplier relationship for multiple generations of Apple products. Apple has now put a larger dollar figure behind
Cathie Wood, head of Ark Investment Management, is known for buying her favorite tech stocks during market pullbacks. That’s exactly what she just did, adding shares of an AI stock after a sharp selloff. In 2025, the flagship Ark Innovation ETF gained 35.49%, far outpacing the S&P 500’s return of 17.88% in the same period.
Inflation is still biting. The Iran war fallout is still rippling through energy markets. The Fed is talking about rate hikes again. And the June jobs report came in at just 57,000, less than half of what economists expected. If any of that has you uneasy about your portfolio, Warren Buffett has something to say
Eli Lilly (LLY) keeps setting records, and Wall Street’s rating of its stock keeps increasing as well. On Tuesday, one of JPMorgan’s most closely watched healthcare stock analysts, Chris Schott, who frequently covers Pfizer Inc. (PFE), Eli Lilly, and Teva Pharmaceutical Industries Ltd. (TEVA), gave investors something to pay attention to. He set a new
Tesla’s (TSLA) fresh bull case lands at a strange moment for the stock. Investors were anxiously waiting for a demand reset after concerns of some major EV competition, sluggish margins, and lackluster growth. However, in a surprise turn of events, Tesla then beat Q2 delivery estimates by a wide margin, giving bulls a rare hard-data
On July 2, Trump sat down with CNBC for an interview in the Oval Office. He talked about tariffs, the Federal Reserve, and his business dealings. Then he was asked about Elon Musk. His answer says more about the current state of their relationship than almost anything that has come out of Washington recently. Trump
Michael Burry made his name betting against the housing market before the 2008 crash. Now, “The Big Short” investor is turning that same skepticism toward artificial intelligence, and Micron Technology just landed on his watchlist. On July 1, Burry disclosed he shorted Micron (MU) shares at $1,051.87, according to a Substack post. Valued at a
When Jim Cramer says a stock is his favorite in a category and mentions it sits in his Charitable Trust as a “very big position,” that is not a casual endorsement. Rather, it’s a declaration of conviction. On Mad Money’s Lightning Round on June 30, a caller asked about GE Vernova (GEV). Cramer did not