In 2014, Elon Musk stood in front of an audience and said building AI was like “summoning the demon.” In 2018 at SXSW, he said AI was “far more dangerous than nukes.” In March 2025, he put the odds of killer robots annihilating humanity at somewhere between 10% and 20%. Those are the quotes people
Wall Street spent most of July arguing about how much SpaceX stock is worth. On Friday, July 24, HSBC became the first major bank to tag it as worth slightly less than the market is already paying. The bank initiated coverage of Space Exploration Technologies (SPCX) with a hold rating and a $115 price target.
Albertsons Companies (ACI) opened Thursday, July 23, at $12.50, more than $2 below Wednesday’s close of $14.60. By midday, the stock traded near $11.38, down about 22% and sitting on a fresh 52-week low of$11.02. Grocery stocks are supposed to be the boring ones. People eat in good times and bad, which is why the
Netflix (NFLX) has spent 2026 testing the patience of its own shareholders. The stock that once traded like it was unstoppable is now down more than 40% over the past year, and it sank again after the company’s latest earnings report. However, Jim Cramer is stepping in to defend it. On the July 20 episode
GE Vernova (GEV) raised its 2026 revenue and free-cash-flow forecasts on July 22, but a widening loss in its Wind business sent shares lower. The stock fell about 6.3% to $1,011 in midday trading July 22 after dropping as low as $964.16 earlier in the session. Its second-quarter revenue rose 22% to $11.1 billion, according
For investors who owned artificial intelligence stocks over the past three years, their portfolio has probably done well. But one of Wall Street‘s most influential banks is now flagging a risk to the AI-heavy positioning that has dominated portfolios. Goldman Sachs released a research note identifying three investment themes that are entirely outside the AI
Economic resilience is probably something most Americans would welcome. We’re seeing that consumer spending is still growing, wage gains haven’t gone away, and corporate dealmaking is showing fresh momentum. Those trends point to a country that is successfully blowing past the recent inflation shock. However, in an exclusive interview with CBS News’ “Face the Nation,”
Cathie Wood, head of Ark Investment Management, has built a reputation for backing artificial intelligence stocks. But even her highest-conviction holdings aren’t immune to profit-taking. That’s exactly what she’s doing with AMD this week, selling more shares after the chipmaker’s recent pullback. In 2025, Wood’s flagship Ark Innovation ETF gained 35.49%, far outpacing the S&P
The S&P 500 Index remains under pressure this month, and this week’s events will determine whether it will bounce back. It was trading at 7,457 points, down by 2.10% from its highest point this year. This article highlights some of the key catalysts that will drive the SPX and VOO ETFs this week. S&P 500
Warren Buffett has been making the same argument about market downturns for decades. He doesn’t dress it up. His position is that bad news in financial markets is good news for investors who are prepared. “Bad news is an investor’s best friend,” he has said, The Motley Fool reported. For anyone who has watched his