The unwind of Situational Awareness isn't the only reason the AI trade is back
The hedge fund's forced selling was a clearing event, but earnings are sustaining the AI trade
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Burger King overtakes Wendy's as the nation's second-largest burger chain
Burger King has overtaken Wendy's as the second-largest burger chain in the U.S. by systemwide sales, retaking its crown six years after losing it to the rival chain.
Read more →Here’s when Elon Musk’s Starlink internet is worth the steep monthly price — and $350 startup cost
Starlink versus fiber, cable and 5G: The smart spender’s guide to 2026 internet options.
Read more →Here are three key takeaways from the disappointing July jobs report
Nonfarm payrolls in the U.S. unexpectedly declined in July, but so did the unemployment rate, leaving investors with mixed signals on how to process the latest jobs report.
Read more →I’m an unemployed software developer who is skeptical of AI. Can I still find a job in tech?
“What will AI mean for jobs?” may be the single most-asked question about the technology category that dominates Silicon Valley, pop culture, and our politics. Fears that AI will put us out of work routinely top opinion…
Read more →Trump teased an Iran deal that didn't come, but markets soared. Here’s why it keeps happening
The Trump administration this week sparked enthusiasm that the U.S. and Iran could soon strike a deal on the Strait of Hormuz, driving down oil prices and sending stocks soaring — only for no deal to emerge.
Read more →Trump reopens effort to remove Fed Cook following Supreme Court ruling - ABC
The Justice Department's second attempt to indict former FBI Director James Comey is the latest salvo in what critics call a campaign of retribution on the part of the Trump administration since Donald Trump returned to…
Read more →BorgWarner secures new VCT engine contracts in Europe and China
BorgWarner has added to its variable cam timing (VCT) order book with fresh programme awards in Europe and China.
Read more →Dollar Falls and Gold Soars on the Weak US Payroll Report
The dollar index (DXY00) dropped to a 7-week low today and is down by -0.34%. The dollar tumbled today on the US July payroll report that showed an unexpected decline in nonfarm payrolls and a smaller-than-expected incr…
Read more →Stocks Rally on Earnings and Fed-Friendly US Payroll Report
The S&P 500 Index ($SPX) (SPY) today is up +0.37%, the Dow Jones Industrial Average ($DOWI) (DIA) is up +0.14%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up +0.89%. September E-mini S&P futures (ESU26) are up +0.44%, an…
Read more →Hog Traders Look to Friday, as Pork Gives into Pressure
Lean hog futures closed the Thursday session with contracts down 95 cents to $1.42. USDA’s national base hog price was reported at $98.30 on Thursday afternoon, down 71 cents from the day prior. The CME Lean Hog Index w…
Read more →Cassidy supports Todd Blanche, rescuing Trump's embattled attorney general pick
Sen. Bill Cassidy, R-La., said Friday he will vote to confirm Todd Blanche as attorney general, giving President Donald Trump's embattled nominee a crucial vote after two other Senate Republicans announced their opposit…
Read more →Sugar Prices Surge on Smaller Brazil Sugar Production
October NY world sugar #11 (SBV26) closed up +0.42 (+2.77%) on Thursday, and October London ICE white sugar #5 (SWV26) closed up +10.00 (+2.10%).
Read more →Soybeans Extending Bounce Early on Friday
Soybeans are trading with fractional to 2 cent gains early on Friday. Futures firmed late on Thursday, with contracts closing near the highs and 6 to 9 cents off the lows to post 1 to 5 ¾ cent gains in the front months.…
Read more →Chesky says Airbnb will spend ‘a lot more’ on AI as earnings beat and stock surges 15%
Airbnb shares surged 15% Friday after the company delivered one of its strongest growth quarters in years and raised its full-year outlook — a turnaround CEO Brian Chesky is directly crediting to artificial intelligence.
Read more →Friday's ETF Movers: SGDM, IAK
And underperforming other ETFs today is the iShares U.S. Insurance ETF, down about 1% in Friday afternoon trading. Among components of that ETF with the weakest showing on Friday were shares of Heritage Insurance Holdin…
Read more →Palantir CEO drops 11-word bombshell for stock market investors
Software stocks have had a rough year. The fear driving them down is real: AI agents are getting good enough to automate tasks that enterprise software used to handle, and investors have been cutting valuations across t…
Read more →Top Democrat proposes killing tax breaks for overseas oil production
Sen. Martin Heinrich will introduce a bill, shared exclusively with CNBC, to end tax breaks for U.S. oil and gas companies that operate overseas while the industry reaps massive profits as the war with Iran spikes oil p…
Read more →Kevin O’Leary, aka ‘Mr. Wonderful,’ on crypto, winning in AI and 3 things all business owners must know
What Kevin O’Leary learned from Steve Jobs: You only need to get three things done every day. Just three.
Read more →Optical stocks have a China problem that most investors are missing
Optical stocks have a China problem that most investors are missing Beijing controls a chokepoint that Washington’s own crackdown can’t address. Read at source
Read more →Why is Replimune stock volatile today?
Replimune Group Inc. stocks have been trading down by -18.66 percent following negative sentiment around its latest clinical trial outlook.
Read more →Why is PENN Entertainment stock climbing today?
Looking back on consumer discretionary - casino operator stocks’ Q1 earnings, we examine this quarter’s best and worst performers, including PENN Entertainment (NASDAQ:PENN) and its peers.
Read more →Solar stocks shine after Trump extends China tariffs to polysilicon products
U.S. solar stocks jumped in premarket trading Friday, after U.S. President Donald Trump opened a new front in his trade war with China, imposing new tariffs on imported products made from a key material used to make sol…
Read more →AMD and SanDisk Set a High Bar for Nvidia
Advanced Micro Devices (AMD) is set to report second-quarter earnings after the market closes on Tuesday, with Wall Street expecting adjusted earnings of $1.61 per share on revenue of $11.31 billion. The report comes am…
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