Cathie Wood, chief of Ark Investment Management, is no stranger to buying into momentum. That’s what she did in the past week, initiating a position in a tech stock that has rallied more than 40% over the past month. In 2025, the flagship Ark Innovation ETF gained 35.49%, far outpacing the S&P 500’s return of […]
Cathie Wood buys $52 million of surging tech stock Read More »
Gold hit an all-time high near $5,600 an ounce in late January. It’s been sliding pretty much nonstop since then, and on June 19 the bank most responsible for hyping that rally finally caught up to where the price actually is. Goldman Sachs cut its year-end gold target by $500, down to $4,900 from $5,400.
Goldman Sachs revisits its gold price target after Fed meeting Read More »
TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission. Patio furniture, though ubiquitous, doesn’t necessarily have to be dull. Of course, we all understand the value of a standard patio set for lounging in the backyard, but that’s not where
Amazon’s double-seat egg chair holds 650 pounds and is just $230 for Prime members Read More »
Sometimes death for a business comes in stages. That’s frustrating for customers and staff, who have to experience the loss multiple times. For On the Border, the chain’s death march has been ongoing since 2024, when it unexpectedly closed a handful of locations. That spiraled into a Chapter 11 filing, which saw the size of
Mexican chain collapses into Chapter 7 liquidation Read More »
TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission. Why we love this deal With spring in full swing and summer on the way, nothing can keep us from scoring a good patio and garden deal. In fact, it’s something
Walmart’s bestselling $140 pop-up canopy tent with removable sidewalls is sale for $89 Read More »
The sporting goods retail industry has suffered dozens of store closings in 2026, despite the industry reporting an overall increase in wholesale sales of 3.7% to $130 billion in 2025, according to a 2026 Manufacturer’s Sales by Category Report from the Sports & Fitness Industry Association. Specialized sporting goods retailers, such as bicycle retailer Lynskey
Popular sporting goods store chain files Chapter 11 bankruptcy Read More »
120 years ago commercial airlines, television, penicillin, and credit cards did not exist yet. Starbucks was still 65 years away from being founded and Panera Bread did not exist until 16 years after that (albeit under its original name, Atlanta Bread Company). Even Wonder Bread did not come around until 1921, making Schwebel Baking Company’s
Century-old bakery chain closing nationwide July 4 Read More »
MDA Space (MDA) agreed on Friday to buy Blue Canyon Technologies from RTX’s (RTX) Raytheon business in an all-cash deal worth $620 million, according to a Seeking Alpha report. The price is small by aerospace standards; what MDA says the deal adds to its business is not. MDA Space is a Canadian satellite and space
MDA Space adds $3.5 billion pipeline with Blue Canyon deal Read More »
After this week’s Federal Reserve meeting, things aren’t looking great for homebuyers. While new Fed Chair Kevin Warsh officially ended “forward guidance” on future rate movements, the central bank’s dot plot — a member-submitted projection of possible rate cuts and hikes — showed an overall hawkish stance for the rest of 2026. As I noted
The magic mortgage rate that could make homes affordable again Read More »
Stocks are already up more than 10% this year. Most strategists would call that a good run and leave it alone. Wells Fargo looked at the same market and decided it wasn’t done yet. The bank raised its year-end 2026 target for the S&P 500 to 7,950, up from 7,300, implying roughly 5.2% more upside
Wells Fargo new S&P 500 target sends investors clear signal Read More »
