CarMax Just Hit Rock Bottom (And It’s Not Pretty)
Well, well, well. CarMax (KMX) just served up a masterclass in how to tank your stock price in one morning. The used-car giant's shares nosedived 13% at market open after dropping not one, but TWO bombshells that had investors running for the exits faster than someone fleeing a sketchy car lot.
The CEO Said "Peace Out"
First up: CEO Bill Nash decided he's had enough. After 30 years with the company and nearly a decade as the big boss, Nash is stepping ...
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DraftKings Is Having a Prediction Market Panic Attack (And It’s Kinda Hilarious)
Remember when DraftKings was the cool kid on the sports betting block? Yeah, well, those days are looking pretty distant right now. The company's stock has been doing its best impression of a lead balloon, dropping 19% in just the last month. And honestly? It's kind of entertaining to watch.
Here's what happened: A little company called Kalshi decided to crash DraftKings' party by launching NFL prediction markets. And boy, did they crash it hard. We're talking $275 million traded in ...
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Ray Dalio Just Called the Top (Again) – Here’s Why This Time Might Actually Matter
Look, Ray Dalio has been predicting economic doom longer than most of us have been checking our 401(k)s. The Bridgewater founder has made a career out of being the guy at the party who tells everyone the music's about to stop. But here's the thing – sometimes the music actually does stop.
This week, Dalio dropped another one of his signature "big debt cycle" warnings, and honestly? It's worth paying attention to, even if you're tired of hearing about bubbles from ...
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The AI Party Might Be Winding Down (And Your Portfolio Knows It)
Remember when AI stocks were the golden child everyone wanted to adopt? Well, it looks like the honeymoon phase might be over, and investors are starting to ask some uncomfortable questions at the dinner table.
This week, the market threw a bit of a tantrum over AI valuations, and honestly? It was probably overdue. Here's what's got everyone suddenly nervous about their favorite tech darlings.
Michael Burry Woke Up From His Nap (And He's Not Happy)
You know things are getting spicy when ...
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The Boring Thing Making AI Billions (And Why Your Portfolio Should Care)
Look, everyone's obsessed with the flashy AI stuff – ChatGPT this, neural networks that. But while you're watching the shiny robots dance, the real money is being made in the most boring corner of tech: data storage.
I know, I know. Hard drives? Really? About as exciting as watching paint dry. But here's the thing your portfolio needs to understand: AI is basically a data-hungry monster that never stops eating.
The Unglamorous Truth About AI
Every time ChatGPT spits out a poem or ...
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The Market’s Having Trust Issues (And It’s Not Just You)
Remember when your friend kept saying they were "totally fine" after a breakup, but then proceeded to ugly-cry into a pint of ice cream? That's basically Wall Street right now.
The market woke up Tuesday morning trying to convince everyone it's got its act together, with futures looking cautiously optimistic. But underneath all that green, there's some serious drama brewing.
The "It's Complicated" Relationship Status
Take AMD, for example. They just crushed their earnings – like, absolutely demolished expectations. You'd think their stock ...
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Bitcoin Just Had Its ‘Hold My Beer’ Moment Below $100K
So Bitcoin decided to throw a tantrum and crash below the magical $100,000 mark this week. Classic crypto move, really – just when everyone's getting comfortable, it pulls the rug out faster than you can say "diamond hands."
Here's what went down: BTC nosedived more than 20% from its October peak near $126,000, wiping out roughly $560 billion in market value. That's not a typo – we're talking about half a trillion dollars vanishing into the digital ether. To put that ...
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The AI Party Might Be Winding Down (And Your Portfolio Knows It)
Remember when AI stocks were basically printing money? Yeah, well, that party might be getting a noise complaint from the neighbors. This week, the market threw some serious shade at the AI darlings, and honestly, it was about time someone asked if we've all been drinking a little too much of the artificial intelligence Kool-Aid.
Here's the tea: Nvidia, Meta, and Palantir all took a beating this week, and it wasn't because they suddenly forgot how to make computers think. It's ...
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