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A popular fashion retailer built its name promising shoppers a different kind of clothing business, one that is rooted in sustainability, minimalism, and affordable luxury. A Millennial favorite, the company made “radical transparency” its unique selling point, telling customers they had a right to know how much their clothes cost to make, from materials and […]

Goldman Sachs thought it knew how much gold central banks were buying. It was wrong by more than 70%. And the correction to that model has significant implications for where gold prices are heading in the second half of 2026. Goldman analysts Lina Thomas and Daan Struyven published a note on May 18 that addresses

Earlier this year Costco made headlines by testing chicken fingers to select food courts. “The offering includes five breaded chicken breast strips, along with a dipping sauce,” reported TheStreet’s Maurie Backman. “The cost of the new meal deal is $6.99, which is a bit higher than Costco’s typical food court price point.” Costco received some

We’re sorry, America, but the Strait of Hormuz is still closed. If you were filling up your car’s tank come Monday morning, you felt the sting of higher gasoline prices. And probably will still feel the pain for months ahead. The reason for the price increase was a May 15 jump in oil prices. When

The Strait of Hormuz handles roughly 20% of the world’s oil supply on any given day. When it closes, everyone eventually feels the heat at the pump. ExxonMobil Chairman and Chief Executive Officer Darren Woods had a clear message for Wall Street analysts on the company’s first-quarter 2026 earnings call: the worst may not be

Despite the bond market’s increasing expectations that the Federal Reserve will soon need to hike short-term interest rates, one major bank says the central bank will maintain holding rates steady and then resume a dovish stance next year. Morgan Stanley’s May 18 note, shared with TheStreet, calls for two 25-basis-point rate cuts in 2027, one

Even the biggest, most successful restaurant chains close locations regularly. Starbucks, for example, closes hundreds of locations every few years. That’s because populations shift, rents increase, and other factors change that make a once-viable restaurant no longer profitable. The coffee chain, for example, used to operate a location in a Westin hotel near my former

Applied Materials has become one of Wall Street’s clearest ways to play the AI infrastructure buildout without buying the chip designers that dominate the headlines. The company sells the equipment needed to manufacture advanced semiconductors, and Morgan Stanley now sees a much stronger 2026 setup than it expected just a few months ago. In a

On May 28, 2024, the Securities and Exchange Commission compressed the standard settlement cycle for most U.S. securities from two business days to just one, a shift officially designated T+1. For most retail investors, the transition felt seamless because brokerages like Schwab already require sufficient cash or margin before accepting any orders. But the compressed

Nvidia reports after the market close on May 20. Morgan Stanley’s analyst Joseph Moore published his preview note on May 18. And the number at the center of his argument is one that the rest of Wall Street is, in his view, significantly underestimating. That number is $1 trillion. And whether you believe it or