On June 18, Cathie Wood’s ARK Invest showed off a notable rotation following a superb run in two of the most popular high-growth stocks. Investors had been rewarding Robinhood (HOOD) for its cost-cutting plan and Roku (ROKU) for its takeover-driven rally, but ARK moved in the opposite direction. Wood took profits in both stocks after […]

Fast food sticker shock has become a real thing. In my three decades of covering the industry, it was only recently that I have looked at a fast-food menu board and been surprised at combo meals costing over $10. And, in one case, albeit at an airport McDonald’s, I was stunned that a $20 bill

Wall Street has a new favorite trade: lending money to artificial intelligence. NVIDIA, Alphabet, Amazon, and Oracle have all rushed into debt markets to raise hundreds of billions of dollars to fund data centers, chips, and AI infrastructure. Investors have been lining up to buy, and the demand has been massive. Now Elon Musk’s SpaceX

The new tax law has changed the calculus for many wealthy families. Those with assets spread across retirement accounts, charitable funds, and custodial plans are increasingly reevaluating their financial strategies. Across J.P. Morgan Private Bank wealth planning notes published on June 10, 2026, three topics keep surfacing: which accounts make the most sense for building

General Motors (GM) has installed new collaborative robots—known as “cobots”—at its Detroit-Hamtramck Factory Zero plant to modernize production, but the move comes at the same facility where it has already laid off 1,000 workers. GM claims the cobots will improve worker ergonomics, but representatives from the United Auto Workers (UAW) aren’t convinced. At a facility

Wall Street is adjusting its expectations for Adobe after the software giant delivered a mixed earnings report that raised more questions than it answered about the company’s near-term growth trajectory. Citi analyst Tyler Radke lowered his price target on Adobe (ADBE) to $228 from $264, while keeping a neutral rating on the stock, according to

A buyer may find the right home in a new city before their current home is sold. The timing can be difficult, but the opportunity can make it necessary to quickly secure a down payment.  The instinct for most investors in that situation is to log into a brokerage account and sell shares. It feels

Driving into a gas station to fill your car’s gas tank is becoming less painful by the day, But not painless. Not yet anyway. Gas prices have fallen below $4 a gallon for the first time since the end of March in much of the United States and about 13% on average since peaking around

Intel jumped roughly 11% on Thursday, June 18, after President Donald Trump posted on Truth Social that Apple agreed to work with Intel to design and manufacture chips in the United States. Neither company confirmed the partnership publicly by market close. Intel’s stock added billions in market value on an unverified social media post from

The story of artificial intelligence in business has followed a familiar script for the past few years. To help employees work faster, companies deployed AI to summarize documents, draft emails, write code, and answer questions. The role was clear: AI advised, humans decided, and humans acted. That division of labor is starting to blur. A