Cathie Wood dumps $12.7M of tumbling, next-gen travel stock

Cathie Wood built a controversial reputation through high-conviction, concentrated bets on disruptive technologies. Electric air taxis were one of those bets, with Archer Aviation (ACHR) being among her biggest. That changed on Monday, June 8, 2026. Wood’s firm, ARK Invest, sold 2,222,392 shares of Archer Aviation Inc. in a single session across three of its

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Popular breakfast chain franchisee files Chapter 11 bankruptcy

The franchise dining sector has faced a challenging year, as several franchisees have filed for bankruptcy protection to restructure debts, sell locations, and, in some cases, close down underperforming restaurants that they can’t sell. Much of the problem comes from rising costs of labor and food products that are passed on to customers, who have

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The next AI infrastructure race has nothing to do with chips

Wall Street has spent two years pricing artificial intelligence through a single lens: compute. Who has the most chips, the most data center capacity, the most cloud infrastructure? That framework has been enormously rewarding for investors who recognized it early. A different infrastructure gap is now opening up, and most investors have not started pricing

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Emily Blunt’s net worth as ‘Disclosure Day’ debuts

Ever since her scene-stealing turn as Emily Charlton in The Devil Wears Prada (2006), the sharp-tongued assistant to Runway editor Miranda Priestly (played by Meryl Streep), Emily Blunt has captivated audiences with her commitment to — and her empathy toward — the characters she portrays. That role required both vulnerability and perfect comedic timing, traits

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