SpaceX’s Starship is set for takeoff — and its floundering stock could use the lift
The megarocket’s success is SpaceX’s “single most important watch item,” one analyst says.
Finance & markets
Nvidia-backed Fireworks hits $17.5 billion valuation as companies pursue cheaper AI models
The cost of the latest artificial intelligence models is increasingly breeding anxiety among finance executives, who have started directing employees to consider open-source alternatives.
The best states for workers to get educated, trained and find a job in America in 2026
The world of economic development is spinning fast in 2026. Companies are pressing some specific demands of the states they are willing to do business in.
Wheat Rallies on Wednesday following Black Sea Escalation
The wheat complex was in rally mode leading to the grains higher on Wednesday, with export concerns out of the Black Sea. Chicago SRW contracts were mostly 26 to 32 1/2 cents in the green at the close. KC HRW futures we…
IRS tax liens can be a 'kiss of death,' consumer advocate says — and they're on the rise
There has been an uptick in the number of tax liens filed by the Internal Revenue Service in recent years, exposing more people who owe a federal tax debt to potential job loss, the inability to secure loans and other d…
Wall Street's profit boom has Europe ripping up its banking rulebook
U.S. investment banks have toasted a record quarter, as their European rivals continue to lag — but now a major pivot towards deregulation across the Atlantic could provide a much-needed shot in the arm for the continen…
Dollar Boosted by Better-Than-Expected US Economic News
The dollar index (DXY00) is up by +0.18% today. The dollar is moving higher today as better-than-expected US economic reports signal economic strength. Weekly jobless claims unexpectedly fell to a 10-week low, Jun retai…
Insteel Industries (IIIN) Q3 Earnings and Revenues Surpass Estimates
Insteel Industries (IIIN) came out with quarterly earnings of $0.46 per share, beating the Zacks Consensus Estimate of $0.45 per share. This compares to earnings of $0.78 per share a year ago. These figures are adjusted…
Almost half of Americans say they can’t afford to save for retirement right now
At a time of sticky inflation and a softening job market, extra money in the bank can serve as a lifeline for many consumers. Yet just 47% of Americans indicate they have sufficient liquidity or access to funds to cover…
IRS chief Bisignano: 'We should have every family enrolled in a Trump Account'
IRS CEO Frank Bisignano, who has been tapped to lead the expansion of Trump Accounts, told CNBC's "Squawk Box" on Thursday that he expects every family could someday have one of the new tax-deferred investment accounts …
Tesla Stock's Future Comes With A Hefty Price Tag
While investors focus on robots and AI, the company's spending plan reveals one number that could test the high-flying stock.
Upcoming Dividend Run For EPD?
This morning a "Potential Dividend Run Alert" went out for Enterprise Products Partners L.P. (NYSE: EPD), at our DividendChannel.com Dividend Alerts service (a free email alerts feature). Let's look at the situation in …
Citizens Financial Group (CFG) Q2 Earnings and Revenues Beat Estimates
Citizens Financial Group (CFG) came out with quarterly earnings of $1.3 per share, beating the Zacks Consensus Estimate of $1.25 per share. This compares to earnings of $0.92 per share a year ago. These figures are adju…
S&P 500, Nasdaq open lower as chip stocks weaken
Major U.S. indices weakened, with the Nasdaq and S&P 500 turning negative, while chip, computer hardware, and AI stocks led declines. Gambling and airline stocks bucked the trend. Analysts warn of market tops, citing ov…
Retail sales get a boost from car buyers and Amazon Prime Day. The economy hasn’t lost its mojo.
Sales at retailers rose in June as Americans bought more new cars and spent more online during Amazon’s annual summer sales event, signaling steady growth in the U.S. economy.
EverCommerce (EVCM) Moves 5.4% Higher: Will This Strength Last?
EverCommerce EVCM shares ended the last trading session 5.4% higher at $11.57. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock'…
He backed Tesla and SpaceX before anyone else — here is the impossible bet he is making now
This isn’t the new Musk biography everyone’s talking about. This is the 2015 Musk biography by Ashlee Vance. I started reading it in July, before I knew there was a new one. It’s fine: Musk never changes. He’s always be…
SpaceX selloff an ominous sign as lockup expiry looms
TOKYO, July 16 (Reuters) – Nvidia said on Thursday it was partnering with Japanese companies including Fanuc and Yaskawa Electric to advance the development of robotics and AI. “With AI, robots will become smart, easily…
UnitedHealth blows past estimates, hikes earnings outlook as it reins in costs
UnitedHealth Group on Thursday posted second-quarter earnings that blew past estimates and raised its full-year profit outlook, as the company better manages high medical costs and uses AI to help streamline operations.
Silence Therapeutics (SLN) Moves 7.2% Higher: Will This Strength Last?
Silence Therapeutics PLC Sponsored ADR (SLN) shares soared 7.2% in the last trading session to close at $10.45. The move was backed by solid volume with far more shares changing hands than in a normal session. This comp…
Eli Lilly to buy psychedelics maker AtaiBeckley for $2.8 billion as experimental treatments gain traction
Eli Lilly will acquire psychedelic drugmaker AtaiBeckley for $2.8 billion up front, the company said Thursday, as momentum grows for using versions of the drugs as mental health treatments.
This Renowned Investor Sees 80% Downside in SpaceX Stock. Is He Right?
Renowned investor George Noble didn't mince words when it came to Space Exploration Technologies (NASDAQ: SPCX), saying that its initial public offering (IPO) was "built to separate retail investors from their money." N…
UnitedHealth Group (UNH) Q2 Earnings and Revenues Surpass Estimates
UnitedHealth Group (UNH) came out with quarterly earnings of $6.14 per share, beating the Zacks Consensus Estimate of $5.92 per share. This compares to earnings of $5.57 per share a year ago. These figures are adjusted …
‘Respect is important’: If my financial adviser said, ‘Hey,’ my wife and I would walk out. Where do you draw the line?
When Leena Nair became the first woman to lead Chanel in 2021, she wasn’t the obvious choice — and she knew it. “Why me?” she remembers asking. But as a mentor told her, “Never say that again.”