Remember how this was supposed to be the Hot Rate-Cut Summer? Sigh. Despite falling gas prices, economists and Fed watchers remain concerned that stubborn sticky inflation driven by rising service costs and solid wage growth could persist through the year-end. This underlying pressure may compel the Kevin Warsh-led Federal Reserve to hold interest rates higher
Multiple airlines and adjacent companies in the aviation company have filed for bankruptcy in the months following the U.S.-Israeli strike on Iran and subsequent spike in jet fuel prices. At the start of June, cargo carrier European Cargo Limited entered administration, resulting in the loss of 178 jobs and what will likely be the liquidation
AMC Entertainment Holdings, Inc (AMC) has spent 2026 trying to convince Wall Street that the worst is behind it. Box office has been recovering, attendance is climbing, and the business is finally gaining momentum. Then management made a move that erased a quarter of the stock’s value in a single session. On June 23, AMC
On June 14, Microsoft CEO Satya Nadella published a 1,200-word essay on X titled “A frontier without an ecosystem is not stable.” It got 28 million views. The essay drew a direct line between AI concentration and globalization and argued that the AI industry is heading toward the same kind of structural damage that offshoring
The artificial intelligence race is no longer only about building the biggest models or buying the most powerful chips. It is also becoming a cost-control problem. That is the message behind OpenAI’s Jalapeño, the custom chip it designed with Broadcom (AVGO). The chip gives Broadcom another role in OpenAI’s artificial intelligence infrastructure, but it also
For most of the last decade, one promise held across the technology aisle. You paid a premium for the best-built hardware, and in exchange the number on the price tag held still. That stability was never an accident. It was a product, engineered as carefully as the devices themselves. Tariffs came and went. The dollar
With the low-cost airline market facing significant changes from the time the model rose to prominence in the early 2000s, many budget carriers are struggling to stay profitable amid high operating costs and aggressive competition in many markets. The cost of jet fuel that spiked over the U.S. strike on Iran ended up dealing the
Advanced Micro Devices has been having its “It” moment of late. With the widespread interest in artificial intelligence, AMD, as the company is more commonly known, has been benefiting from the AI boom. With its stock trading near all-time highs, some investors are wondering if a stock split (a corporate action the chipmaker hasn’t conducted
It is not easy to be in the theme park business in 2026. While giants such as Disney and Universal have ample resources to withstand the pressures that come and go in a given year, many smaller and family-run resorts outside major cities end up in a cycle of struggling to bring in enough visitors
Wall Street is getting more bullish on Micron Technology, and for good reason. The memory chip giant just wrapped up a quarter that left analysts scrambling to revise their outlooks upward. Morgan Stanley lifted its price target on Micron (MU) stock to $1,200 from $1,050, keeping its “Overweight” rating intact. It reflects a fundamental shift