Toyota Is Closing In on GM as America’s Top Automaker — Hybrids Are Winning
America's long-running automotive sales battle has a dramatic new chapter. Toyota Motor (TM) is now within striking distance of overtaking General Motors (GM) as the top-selling automaker in the United States — a development that would be historic if it materializes. According to a new forecast from Cox Automotive released Wednesday, Toyota is expected to post a nearly 1% increase in U.S. sales for the first half of 2026, reaching approximately 1.25 million vehicles. General Motors, meanwhile, is projected to ...
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35 Million Barrels Are Flowing Through Hormuz Again — What It Means for Oil Prices
The oil market just received a major jolt of positive news. At least 20 tankers that had been stranded in the Persian Gulf for more than three months — collectively carrying 35 million barrels of crude — have now exited the Strait of Hormuz following the U.S.-Iran deal, according to data from Kpler, a firm that tracks global trade flows. Total confirmed oil shipments through Hormuz have climbed to approximately 4.8 million barrels per day since the agreement, marking the ...
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Micron Earnings Tonight Could Jolt the Entire Market — Here’s What to Watch
Micron Technology (MU) is reporting earnings Wednesday night, and this is not your average quarterly update. At a market cap approaching $1.2 trillion — ranking it among the top 10 companies in the S&P 500 — Micron's results could set the tone for the entire technology sector. The stock has surged roughly 700% over the past year, making it one of the market's most consequential earnings events in recent memory. Options traders are currently pricing in a 10% swing in ...
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Tech’s Whiplash Wednesday: When Markets Can’t Make Up Their Mind
Remember when markets used to move in one direction? Yeah, those were the days. On Wednesday, stocks decided to play both sides of the fence—staging a tentative recovery after Tuesday's tech bloodbath, while simultaneously reminding everyone that nothing's actually fixed. Here's the deal: Tech stocks got absolutely hammered on Tuesday because investors finally started asking the uncomfortable question: "Wait, are AI valuations actually insane?" Turns out, yes. So Wednesday morning, the market tried to shake it off, with tech edging up ...
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AMD and ARM Have Surged Over 150% in 3 Months – UBS Says the Rally Isn’t Over
The CPU chip trade is one of the hottest on Wall Street right now, and UBS is doubling down on it. On Wednesday, analyst Timothy Arcuri raised his 12-month price target on Advanced Micro Devices (AMD) to $670 from $470, implying 29% upside from Tuesday's close. He simultaneously raised his ARM Holdings (ARM) target to $455 from $260 - a 28% premium to where shares last traded. Both stocks carry Buy ratings at UBS. The catalyst? A fundamental shift in ...
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JPMorgan Raises Its S&P 500 Target to 7,800 – But Warns the Path Won’t Be Easy
JPMorgan's top equity strategist Dubravko Lakos-Bujas raised his year-end 2026 S&P 500 target to 7,800 on Wednesday - up from 7,200 - implying roughly 5.9% additional upside from current levels. The upgrade was tied directly to what the strategist called a "Blue Sky scenario" as the U.S.-Iran war appears to be nearing a resolution. President Trump announced Tuesday that Iran has assured the U.S. there will be no tolls on the Strait of Hormuz, removing a major geopolitical overhang that ...
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OpenAI’s ‘Jalapeno’ Chip Marks a Turning Point in the AI Infrastructure Race
OpenAI and Broadcom have jointly unveiled "Jalapeno," the first custom AI chip to emerge from their eight-month partnership - and it signals a major strategic shift in how the world's most powerful AI company plans to power its future. The chip, which OpenAI is calling an "Intelligence Processor," is designed specifically for inference: the compute-intensive task of serving AI model outputs to hundreds of millions of users across ChatGPT and other platforms. A physical sample was delivered to OpenAI on ...
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When a Trillionaire Becomes Just Another Billionaire: The SpaceX Reality Check
Remember when Elon Musk hit trillionaire status? Yeah, that was fun while it lasted. Like, two weeks of fun. The world's richest person just got a harsh reminder that even when you're worth nearly a trillion dollars, the stock market doesn't care about your feelings. After SpaceX's historic IPO in mid-June sent shares soaring to $225, Musk briefly joined an exclusive club that literally no one had ever been in before. But this week's tech sell-off hit the reset button hard—SpaceX ...
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