0%
Loading ...

Uncategorized

Gold’s rebound has a problem. Here’s what happens next 

Gold finally mounted a comeback on Friday, June 26, but the rebound didn’t erase the bigger warning in the market. Spot gold rose 1.2% to $4,073.78 an ounce, while August U.S. gold futures climbed 1.2% to $4,096.30, according to CNBC.  The move came just as the dollar eased off from recent highs following Thursday’s Personal […]

Gold’s rebound has a problem. Here’s what happens next  Read More »

SpaceX gets brutal verdict from legendary Wall Street investor

The bearish case for SpaceX is no longer coming from just one corner of Wall Street. I’ve now heard concerns from traders, investors, and market veterans. Previously, I have covered the former Nasdaq CEO’s lockup warning, Jim Cramer’s verdict that it “couldn’t sustain the walk-up,” and Doug Kass’s short thesis. Michael Burry also studied the

SpaceX gets brutal verdict from legendary Wall Street investor Read More »

168-year-old iconic winery spinoff closes in financial distress    

Declining wine consumption over the last six years has led major wine companies to close down wineries and production facilities. The industry’s annual revenue has declined by $19.7 billion, or 21%, to $74.3 billion in 2025 since generating $94 billion in 2020, according to Silicon Valley Bank’s State of the US Wine Industry Report. “Boomers are

168-year-old iconic winery spinoff closes in financial distress     Read More »

79-year-old fast-fashion retailer closes 128 stores

A popular fast-fashion retailer is accelerating a years-long restructuring effort, continuing to shrink its global footprint in 2026 after closing hundreds of locations over the past year. The move reflects broader shifts across apparel retail as brands face rising operating costs, changing consumer behavior, and intensifying competition from e-commerce rivals. Companies built around speed, price,

79-year-old fast-fashion retailer closes 128 stores Read More »

Ulta Beauty is leaving Target, here’s what’s replacing it

When Target and Ulta Beauty decided to end their five-year partnership, the department store put out a terse statement about the impending divorce. “Ulta Beauty and Target Corporation announced that they have mutually agreed not to renew the Ulta Beauty at Target shop-in-shop partnership when the current agreement concludes in August 2026. Until then, the

Read More »