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Amazon Prime Day may be over, but the sales event gave one appliance maker a bigger Wall Street story. SharkNinja, the company behind Shark vacuums and Ninja kitchen appliances, has built a business around making everyday household products feel more exciting. The appliances are sold through major retailers, online channels, and direct-to-consumer platforms. This has […]

Salesforce (CRM) rarely draws a downgrade from two research firms at once. This week it did. On Thursday, July 9, KeyBanc Capital Markets and Bernstein downgraded Salesforce to a Hold. The stock fell roughly 3% to 4% at its low before steadying the next day. However, what matters beyond the price drop is why both

Anthropic runs some of the most powerful AI models in the world on computing hardware it doesn’t own. The company signed a deal in May to lease the full capacity of SpaceX’s Colossus 1 supercomputing facility in Memphis, paying roughly $1.25 billion a month through 2029. That arrangement gives Musk’s company an unusual kind of

June was a brutal month for the Magnificent Seven. The group shed roughly $2.3 trillion in market value and is down more than 13% since mid-May. While memory chip makers and networking vendors supplying the AI buildout have outperformed, the hyperscalers writing the checks have taken the hit. Jim Cramer owns six of the seven

A lender dispute over millions of dollars has led a Hardee’s restaurant franchisee to file for bankruptcy to invoke an automatic stay of all legal actions against the debtor. Hardee’s restaurant franchisee Superior Star LLC filed for Chapter 11 bankruptcy protection, facing an alleged seller financing dispute, according to court papers. Hardee’s franchisee Superior Star

The artificial intelligence trade is not falling apart. Demand is growing. After a spectacular first-half advance in chip and memory stocks, investors are starting to distinguish companies that gain from AI investing from those that can develop without bearing the brunt of the spending. That’s why it’s worth hearing from Victoria Greene, chief investment officer

Sneakers have become a collector’s item and a fashion statement. Limited-edition releases and a robust resale market have helped turn sneaker collecting into a multibillion-dollar secondary market, creating demand for specialty retailers that cater to collectors as well as traditional shoppers. It’s no longer just people who need sneakers, or even athletes looking for a

The 2026 housing market has been unpredictable. It feels a bit like riding a shoddily maintained roller coaster, if I’m being honest. Mortgage rates spiked a couple of months ago — then we finally experienced a little relief once tensions in the Middle East settled down. But now rates are back up as the situation

Investors came into July expecting a familiar stock market setup leaning on resilient earnings and AI spending, along with a seasonal stretch favoring equities. Though Morgan Stanley doesn’t feel that setup has gone away, it warns of a much narrower margin for error. There’s a major $1.2 trillion question hanging over Big Tech’s AI buildout.

More U.S. consumers are relying on rewards programs to save money amid economic uncertainty, and Home Depot is leaning further into this trend by expanding its rewards to win back customers.  According to a recent survey from LoyaltyLion, 90% of consumers said being enrolled in a loyalty program makes them repeat purchases from that brand.