Friday was rough. Like, really rough. The stock market decided to throw a tantrum, and honestly, it had good reasons. The February jobs report came in like a punch to the gut: the US lost 92,000 jobs instead of adding the expected 55,000. That's not just a miss—that's a full-on face-plant. The unemployment rate climbed to 4.4%, and suddenly everyone's wondering if the labor market is actually broken or just taking a very long nap. Meanwhile, oil prices are doing their best impression of a rocket ship. Brent crude jumped 6% to over $90 a barrel, while US oil spiked 9% to around $88. Why? The ...

Jack Dorsey just fired 4,000 people — roughly 40% of Block's entire workforce — and investors responded by sending the stock up 24% after hours. Welcome to the AI economy, where mass layoffs are a buy signal. This wasn't a restructuring born from financial desperation. Block's business wasn't struggling. Dorsey's explanation was chillingly simple: "Intelligence tools have changed what it means to build and run a company." He said that within a year, most CEOs would arrive at the same conclusion. "I'd rather get there honestly and on our own terms than be forced into it reactively." The math ...

The world's most important oil chokepoint just went dark — and the numbers are staggering. Charter rates for the massive supertankers that haul the planet's crude have surged fivefold since January and nearly doubled in just the last few days as the Strait of Hormuz grinds to a halt. Iran has declared the narrow maritime passageway closed and vowed to attack any ship attempting to navigate through it, trapping thousands of oil tankers and container ships. The U.S.-Israeli military campaign against Iran — now entering its sixth day — has turned the 21-mile-wide strait into a no-go zone, disrup...

For the first time in nearly two years, Berkshire Hathaway is buying back its own stock. And its new CEO just put his entire salary where his mouth is. Greg Abel, who took the reins from Warren Buffett at the start of January, announced Thursday that the conglomerate has "recommenced" share repurchases — and that he personally bought $15 million in Berkshire stock, an amount equal to his entire after-tax annual salary. He told CNBC he plans to do this every single year for as long as he runs the company, which he hopes is "20 years." This isn't just a feel-good corporate gesture. It's a sign...

Here's the thing nobody wants to admit: the stock market isn't flat. It's having an identity crisis, and it's absolutely brutal for anyone who bought the "software will eat the world" narrative. On the surface, the S&P 500 looks like it's napping. But underneath? There's a full-blown civil war happening. On one side, software companies like Salesforce, Adobe, and Figma are getting absolutely demolished—down 30% or more in just two months. On the other side, companies that make cooling systems and power infrastructure are up 50%. It's like watching the cool kids get dethroned while the kids wh...

Remember when everyone was obsessed with growth stocks and AI? Yeah, that party's winding down. Bill Smead—the guy who runs a value fund that's crushed 97% of its competition over 15 years—is basically saying "I told you so" right now, and honestly, he's earned it. Here's the deal: after years of watching tech stocks moon while value plays gathered dust, the rotation is finally happening. Energy, industrials, and small-cap stocks are having their comeback tour, and it's because investors are slowly waking up to a simple truth—maybe spending hundreds of billions on AI infrastructure won't magi...

Software stocks are getting slaughtered — and some of the smartest money on Wall Street thinks the selloff has gone way too far. The numbers are ugly. Salesforce is down 33% in 2026. Shopify still trades at 80 times trailing earnings despite getting hammered. ServiceNow's P/E ratio is north of 100. The entire iShares Expanded Tech-Software ETF has cratered nearly 19% this year. The fear? That AI tools have gotten so good they can replace the software products these companies sell. It's a legitimate concern. When a business can build a functional CRM alternative with a few AI prompts and a we...

Broadcom just reminded everyone why the AI infrastructure buildout is the real deal — and it's only accelerating. The chip giant reported fiscal Q1 earnings Wednesday night that crushed estimates across the board. Revenue hit $19.3 billion, up 29% year-over-year. AI revenue alone? A staggering $8.4 billion — more than double what it pulled in during the same quarter last year. That 106% jump wasn't a surprise to CEO Hock Tan, who had projected the doubling back in December. He delivered. But the real headline came during the earnings call. Tan dropped a number that made analysts sit up strai...

The S&P 500 looks flat. The Nasdaq looks flat. If you glanced at the headlines, you'd think nothing was happening in the market. You'd be dead wrong. Beneath that sleepy surface, one of the most violent sector rotations in recent memory is ripping through portfolios. On one side: carnage. Atlassian, HubSpot, Intuit, AppLovin, Workday, Reddit, Salesforce, Adobe, ServiceNow, The Trade Desk — every single one is down more than 30% in 2026. We're barely into March. That's not a dip. That's a repricing. On the other side: fireworks. SanDisk, Bloom Energy, Lumentum, Vertiv, Corning, Modine, C...

The bull market that started way back in late 2022 is still going strong—we're talking three years of gains that would make most investors pretty happy. But here's the thing: everyone's wondering if this party can actually keep going in 2026, or if we're about to hit a wall. Let's look at the scoreboard. The S&P 500 crushed it in 2025, up about 18% and hitting all-time highs. The Nasdaq? Even better—up 22.3%. Even the Dow got in on the action with a 14.5% gain. That's the kind of performance that makes financial advisors smile and keeps people buying stocks. But—and this is a big but—valuati...