Nvidia’s latest earnings report was supposed to be about one thing: artificial intelligence chips. Instead, buried inside the numbers was a threat aimed squarely at two companies that have never had to worry much about Nvidia before. The chipmaker is quietly building a business that could reshape a market AMD and Intel have controlled for
Cathie Wood, chief of Ark Investment Management, often adds to her favorite stocks when prices swing. This time, according to an email shared with TheStreet, she’s buying $3.5 million of Robinhood stock, reversing her recent sales as the online brokerage rebounds from its second-quarter lows. Last year, Wood’s flagship Ark Innovation ETF gained 35.49%, far
Earlier this year, artificial intelligence seemed to pose a serious threat to business software stocks. Investors feared the more powerful AI agents would replace sections of conventional software, leading to what was later dubbed the “SaaSpocalypse.” Snowflake (SNOW) was one of the firms caught up in the selloff. Now, Snowflake gives Wall Street a radically
Wall Street’s two biggest markets are telling opposite stories about the same company right now. Equity investors keep buying every dip. Credit investors keep demanding more insurance against a default that stock buyers barely seem to consider. Oracle Corporation (ORCL) sits at the center of that disagreement. Shares have fallen 25% since the company’s last
Your wallet and your portfolio kick off this week quivering on the cusp of anticipation for the newest round of inflation data that’s coming in just days. It could trigger an interest-rate hike by the Federal Reserve next week that will pinch households, investors, and businesses, just as the nation heads into a bitter midterm
While all amusement parks require significant upkeep to keep the rides both up to safety standards and interesting to new generations of visitors, any place offering water rides will incur specialized expenses due to the constant wear-and-tear that comes when high-volume electrical systems are exposed to harsh pool chemicals and constant moisture. In some cases,
Artificial intelligence companies are racing to secure one increasingly valuable resource: computing power. That race has resulted in massive investment in Nvidia (NVDA) processors, data centers, and power. It has also spawned a new breed of specialist cloud providers promising to provide the infrastructure necessary to train and operate ever more advanced AI models. Now
Lululemon is having a rough year, and it just got worse. Shares of the athletic apparel maker dropped sharply after the company posted weak second-quarter results and lowered its outlook for the rest of 2026. But buried inside the numbers is a smaller story that says a lot about where Lululemon (LULU) thinks its business
Banks are getting faster at making decisions. The question is who, or what, is actually making them. Financial institutions are already using AI and machine learning across lending, fraud detection and customer service. J.P. Morgan recently highlighted how machine learning is expanding in credit analysis. The bank was also specific: human expertise remains necessary to
Americans’ retirement accounts just reached a record high. The timing matters because a few months ago, they were heading in the opposite direction. Average 401(k) balances hit $155,800 in the second quarter of 2026, an all-time high and the largest quarterly jump since the fourth quarter of 2020, according to Fidelity’s Q2 report. That is