Articles

Moderna Slips 7% as Traders Cash In on a 392% Rally

Moderna shares fell 7% in a profit-taking pullback after a parabolic run driven by breakthrough Phase 3 melanoma vaccine data with Merck, leaving the stock still up 392% year-to-date.

Aug 25, 2026

Intuit Tops Q4 Estimates as AI Tools Drive Margin Gains

Intuit closed fiscal 2026 with a Q4 beat, posting over 30% non-GAAP EPS growth as AI-powered TurboTax Live and QuickBooks features lifted margins alongside a 17% workforce reduction.

Aug 25, 2026

Shein Pays Early Backers $3.5 Billion to Save Hong Kong IPO

Shein will hand up to $3.5 billion to pre-IPO investors like Tiger Global and General Atlantic to cushion a valuation crash from $100 billion to roughly $27 billion ahead of its September 1 Hong Kong debut.

Aug 25, 2026

Porsche Signs $1.5 Billion AI Deal, Sells Consulting Arm to India's TCS

Porsche signed a $1.5 billion, five-year AI deal with Tata Consultancy Services and will sell its IT consulting unit MHP to TCS, a bright spot for Indian IT stocks amid AI disruption fears.

Aug 25, 2026

XPeng Stock Slides 9% Even as Robotics Arm Hits $6.3 Billion Valuation

XPeng shares fell more than 9% after weak Q3 delivery guidance, even as its robotics unit secured a $6.3 billion valuation in a funding round led by IDG Capital with Tencent and Alibaba.

Aug 25, 2026

Dick's Sporting Goods Sinks 15% as Foot Locker Drags on Earnings

Dick's Sporting Goods stock fell 15% after missing earnings and cutting guidance, as the newly acquired Foot Locker chain posted a 3.6% comparable sales decline in a tough footwear market.

Aug 25, 2026

Magnificent Seven Stumble While the 'Impressive 493' Take the Lead

The Magnificent Seven are up just 4.8% this year versus 16% for the rest of the S&P 500, as Sandisk, Dell and Micron outrun the mega-cap tech names that once drove the market.

Aug 24, 2026

Nvidia's $20 Billion Groq Bet Goes Live Ahead of Earnings

Nvidia's Groq 3 LPX rack has entered full production, commercializing its largest-ever acquisition just two days before the chipmaker reports earnings on Wednesday.

Aug 24, 2026

Bitcoin Nears $80,000 as Three-Day Rally Rivals 2023 Surge

Bitcoin gained more than 20% in three trading days, its biggest rally since 2023, as $1.92 billion in ETF inflows and a Treasury bond-buying shift revived demand for risk assets.

Aug 24, 2026

Gold Tops $4,660 as Bessent's 'Economic D-Day' Rattles Markets

Gold surged past $4,660 an ounce and oil prices slid as Treasury Secretary Scott Bessent prepared to announce sweeping new sanctions on Iran, calling it the 'single greatest financial offensive' against an adversary.

Aug 24, 2026

UPS Commits $2 Billion to Healthcare and Global Logistics Buildout

UPS disclosed a $2 billion, multi-year investment across healthcare, international, and supply chain operations, after its healthcare unit topped $3 billion in quarterly revenue for the first time.

Aug 24, 2026

Alibaba Plunges 8% After Record Share Sale as Burry Bails for JD.com

Alibaba raised $10.21 billion in the biggest primary share sale ever done in Hong Kong, sending its stock down 8% and prompting Michael Burry to dump his stake for rival JD.com over dilution concerns.

Aug 24, 2026

Cathie Wood and Stanley Druckenmiller Both Bet Bigger on Amazon

New 13F filings show ARK's Cathie Wood and Stanley Druckenmiller's Duquesne Family Office both added to Amazon in the second quarter as AWS growth accelerated to 37% -- even as free cash flow swung negative on ballooning AI capex.

Aug 21, 2026

Wall Street Splits Over Robinhood After Tom Lee's Bearish Call

Fundstrat's Tom Lee, a well-known crypto bull, surprised markets with a bearish call on Robinhood -- triggering pushback from CNBC panelists who point to record deposits and a 39% jump in Gold subscribers as reasons the stock still deserves its premium.

Aug 21, 2026

Micron's $10 Billion Bet Signals No End to the AI Memory Boom

Micron will spend $10 billion over the next decade on a new research lab as DRAM prices surge 400% and data center demand drives record earnings -- but a history of boom-bust cycles keeps the stock's multiple in check.

Aug 21, 2026

Toll Brothers Shares Jump as Luxury Home Buyers Shrug Off Slowdown

Toll Brothers beat earnings and revenue estimates despite falling deliveries, as its affluent customer base kept buying and orders grew 5% -- sending shares to their biggest one-day jump since June.

Aug 20, 2026

TJX Beats on Earnings but Marmaxx Stumble Dings the Stock

TJX Companies topped Wall Street estimates on both sales and profit, but a self-inflicted slowdown at T.J. Maxx and Marshalls sent shares lower -- creating what analysts call a buying opportunity for patient investors.

Aug 20, 2026

Treasury Doubles Bond Buybacks as 30-Year Yields Hit 19-Year High

The U.S. Treasury will double its buyback of long-dated bonds to at least $4 billion per operation after 30-year yields hit their highest level since 2007, offering investors a signal on where borrowing costs may be headed next.

Aug 20, 2026

Alibaba Profit Falls 75% as AI Capex Surges, Cloud Growth Hits 45%

Alibaba's June-quarter profit plunged 75% as AI infrastructure spending jumped, but cloud revenue grew 45% and AI product revenue posted its twelfth straight quarter of triple-digit growth -- shares fell over 6%.

Aug 20, 2026

Bitcoin Rallies Toward $72,000 as Trump Pushes Crypto Clarity Act

Bitcoin surged more than 5% to its highest level since June after a White House push for crypto market-structure legislation triggered a $2.7 billion short squeeze across digital assets.

Aug 20, 2026