US Oil Reserves Hit Lowest Level Since 1983 — What Energy Investors Need to Watch

The U.S. Strategic Petroleum Reserve fell to its lowest level since March 1983 this week, after the government withdrew 352 million barrels of crude oil over four years to cushion supply shocks from the ongoing Iran conflict and Russia's war in Ukraine. Current inventory stands at approximately 308 million barrels, and will fall further to roughly 243 million barrels once President Trump's most recent ordered release of 172 million barrels is fully executed. The SPR has an authorized capacity of ...
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Visa Is Cutting 2,600 Jobs as AI Reshapes Work Across the Financial Sector

Visa confirmed Tuesday it is eliminating approximately 2,600 positions — about 7% of its global workforce — as CEO Ryan McInerney restructures the payments giant around artificial intelligence and targeted growth areas. The cuts focus heavily on technology and product operations, and impacted employees began receiving notifications on Tuesday. Visa had roughly 34,100 employees at the end of its last fiscal year, making this the company's largest reorganization in recent memory. The company is scheduled to report quarterly earnings after ...
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Apple Hits $5 Trillion Market Cap — Here Is What Investors Need to Know Before Earnings

Apple briefly became the first company to reach a $5 trillion market capitalization on Tuesday, July 28, touching a share price of $342.89 before pulling back slightly. The milestone comes just one day after Apple reclaimed the title of most valuable publicly traded company in the world, surpassing Nvidia. Shares of AAPL are up 25% in 2026, outperforming every other megacap tech stock — and the timing couldn't be more significant, with quarterly earnings arriving Thursday in what will be ...
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SpaceX’s IPO Went Boom (And Not in a Good Way)

Remember when everyone was hyped about SpaceX going public? Yeah, that didn't age well. When SpaceX hit the market, the skeptics were out in force—and honestly, they're having a field day right now. The company's valuation seemed bonkers to some, the long-term promises felt like science fiction (ironic, given the company), and retail investors were getting a bigger slice of the pie than usual. Fast forward a few weeks, and those doubters are basically doing victory laps. SpaceX shares have been trading ...
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Shopify Jumps 11.5% Before Q2 Earnings — ‘High-Twenties’ Revenue Growth Has Investors Excited

Shopify surged 11.54% on Monday to close at $126.88, as investors positioned ahead of the e-commerce platform's second-quarter earnings report due on August 5. The pre-earnings rally was fueled by Shopify's own guidance for "high-twenties" percentage revenue growth in Q2 -- building on a strong 34% revenue increase in Q1 2026. That kind of top-line momentum, if delivered, would confirm that Shopify's growth story is intact despite a complicated competitive environment. The excitement comes with a cautionary note. Last week, Rothschild ...
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Coca-Cola Beats Q2 Estimates and Raises Full-Year Outlook — World Cup Gives KO a Lift

Coca-Cola delivered a strong second-quarter 2026 earnings beat on Tuesday, topping Wall Street estimates and hiking its full-year financial outlook, driven by rising demand for its drinks across every major market. The beverage giant pointed to the FIFA World Cup as a significant catalyst, with tournament-related spending lifting volumes across North America, Europe, and Latin America. KO stock has climbed 19% year-to-date, outpacing the S&P 500's gains -- and Tuesday's results suggest the momentum is not slowing. Coca-Cola's pricing power has ...
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Boeing Posts Wider Q2 Loss Than Expected — Air Force One Costs Are Still a Problem

Boeing reported a worse-than-expected loss for the second quarter of 2026, weighed down by a $280 million charge on its long-delayed Air Force One program. The aerospace giant continues to struggle with government contract overruns even as commercial aviation demand recovers, raising serious questions for investors about when the company's profitability will stabilize. The Air Force One charge is the latest in a string of fixed-price government contracts that have bled billions from Boeing's balance sheet over the past several years ...
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The Market Never Sleeps (And Nasdaq Wants to Prove It)

Picture this: It's 2 a.m. on a Tuesday, and you're scrolling through your phone when you see a stock opportunity. Too bad the market's closed. But Nasdaq's about to change that game. The exchange just announced plans to seek SEC approval for 24-hour trading, five days a week. We're talking round-the-clock action from Monday through Friday—no more waiting for the opening bell at 9:30 a.m. ET. If approved, the timeline is the second half of 2026. Here's why they're doing this: Global ...
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