Gary Shilling has spent decades being the person in the room willing to say what nobody wants to hear. The economist and Merrill Lynch alum built his reputation on prescient bearish calls and on being early enough that markets often dismissed him before eventually proving him right. He famously claims to be the only person […]
Legendary economist Gary Shilling sends stark message on stock market Read More »
Wall Street has been watching ServiceNow closely. The enterprise software giant has gone on a buying spree, snapping up the artificial intelligence firms Moveworks, Veza, and Armis in quick succession. Some investors wondered whether the company was papering over a growth gap. ServiceNowCEO Bill McDermott had a pointed answer for them on the first-quarter 2026
ServiceNow CEO sends blunt message on acquisitions Read More »
It’s hard to imagine life without music. With the development of technology, music has become available to us anywhere, anytime. We make our workouts easier by playing beats that help us run. We make our commutes less boring by enjoying our favorite artists. Beyond songs, Spotify has brought podcasts and audiobooks into our daily routines,
Spotify surprises subscribers with a major new free addition Read More »
After decades of being able to book a trip and not think about needing anything but a valid passport, both North Americans and Europeans traveling to the United Kingdom in 2026 have learned that they now need to apply for an online electronic travel authorisation (ETA) that costs £20 and is valid for multiple entries
Going to the U.K.? Beware of electronic travel authorisation scams Read More »
Most government warnings about cybersecurity arrive wrapped in bureaucratic language that makes them easy to tune out. This one from Treasury Secretary Scott Bessent was different. Asked on Fox News’ “Sunday Morning Futures” whether Americans should be worried about artificial intelligence being used to hack their bank accounts, Bessent gave a two-word answer: “You should.”
Treasury issues urgent warning on a growing threat to your bank account Read More »
Carvana just reported numbers that stopped Wall Street in its tracks. The online used car retailer posted a record-breaking first quarter, and CEO Ernie Garcia didn’t mince words about where the company is headed. Despite its solid Q1 results, Carvana (CVNA) stock is down 4% in 2026 and has pulled back roughly 20% from its
Carvana CEO sends strong message on profitability Read More »
There’s a particular kind of financial risk that doesn’t show up in a spreadsheet until it’s too late. It doesn’t trigger when a single loan goes bad or when one fund misses a redemption. It happens when enough people look at enough problems in enough places and decide the whole system might be cracking. Federal
Fed governor flags growing risk that could hit markets and investors Read More »
Reddit CEO Steve Huffman had a message for the AI giants on the company’s first-quarter 2026 earnings call. And it wasn’t subtle. “There is no artificial intelligence without actual intelligence. And that comes from Reddit,” Huffman said. That single line landed like a warning shot, aimed squarely at Google and OpenAI, two of Reddit’s (RDDT)
Reddit CEO delivers bold warning to Google and OpenAI Read More »
The oil market is delivering a harsh reminder to investors: geopolitical risk may outrun fundamentals. Brent oil temporarily spiked to about $126 a barrel before tumbling as markets responded to rising U.S.-Iran tensions and worries of more disruption near the Strait of Hormuz. By the conclusion of the session, Brent pulled back to about $114
Oil’s wild $126 price spike sends investors a blunt message Read More »
Ryan Cohen once promised investors he would make an acquisition that would either be “genius or totally, totally foolish.” On Sunday evening, the world found out what he had in mind. GameStop just made a $55.5 billion unsolicited bid to buy eBay. And nothing about it is small. What GameStop is proposing GameStop submitted a
GameStop CEO Cohen makes surprisingly bold eBay bid Read More »