Americans expect to pay delivery fees when ordering food online, but many don’t realize they may also be paying more for the food itself. I recently discovered that my regular order of an Indian sweet (called Chamcham) was listed at $17.49 (1lb) on Bikanervala’s website but cost $22.74 on Uber Eats. That’s an extra $5.25,
Western Digital’s stock has been under pressure since June, when it peaked at $800. Since then, it has fallen more than 52% to its current price of $378, with its market capitalization shrinking from $257 billion to $141 billion. Investors are now looking to the company’s upcoming earnings report as a potential catalyst that could
A famous face can sell the first bottle of anything. The second bottle is a different sale entirely. For most of the last decade, that distinction barely mattered in tequila. Americans could not get enough agave, and a celebrity name on the label looked like a shortcut to the top shelf. George Clooney and Rande
Strategy (MSTR) stock has traded within a narrow range over the past few days as Bitcoin’s rally has lost momentum. The stock was trading at $142.70, down from its September high of $170. However, this period of consolidation could be the calm before the storm, especially after JPMorgan issued a bold prediction about Bitcoin’s future
The stock market has defied doubters who assumed post-tariff tantrum volatility would crimp earnings, derail AI tailwinds, and leave investors wringing their hands. The naysayers weren’t wrong to worry about political uncertainty or stock market valuations, but stocks have mostly absorbed mild setbacks over the past three years, with the benchmark S&P 500 on its
The Nasdaq Composite rose on Monday as investors returned to technology and artificial intelligence-related stocks following last week’s sharp selloff, while markets looked ahead to earnings from major US companies. The tech-heavy index gained 1.1%, while the S&P 500 advanced 0.4%. The Dow Jones Industrial Average finished slightly below the flatline. The rebound followed a
It started with one chart and one word. Late on Oct. 13, tech investor Chamath Palihapitiya posted a chart showing CoreWeave bond yields at a new high. Elon Musk replied with a single word: “Yikes.” By the next morning, the whole AI trade was left wobbling. Over the past 18 months, CoreWeave and AI infrastructure
Anthropic’s potential initial public offering is facing an early test of investor appetite, with some prospective and existing investors reportedly considering a valuation of around $1.5 trillion, below the roughly $2 trillion target previously expected for its November listing. The reassessment follows a slowdown in the company’s sequential revenue growth and comes as investors grow
The retail sector has had a tough year. Many shoppers have cut back on spending, and rising shipping costs are squeezing company profits. Ocean freight rates are currently up about 8%, and the spike is expected to hit retailer margins almost immediately through domestic fuel surcharges, according to a Bank of America industry note. Recent
The artificial intelligence trade has faced several headwinds this year, but last week’s sell-off struck at the foundations of the multiyear AI infrastructure boom, revealing a stark shift in investor sentiment as warnings about financing costs and returns become harder to ignore. The week began with industry leaders highlighting the growing importance of capital availability