Goldman Sachs doubles down on Applied Materials stock target

Semiconductor equipment makers have spent most of this decade at the mercy of a single question. How long will chipmakers keep spending? For years, nobody knew the answer. Fabrication plants planned in short cycles, and equipment suppliers assumed the boom would eventually slow down. That assumption is being tested in 2026, and Applied Materials (AMAT) […]

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Luxury retailer exits beauty business and ends major partnership

A luxury retail giant is accelerating its restructuring efforts by selling its beauty business and ending a decade-long licensing partnership a year ahead of schedule. The transaction transfers one of fashion’s biggest beauty brands to a new long-term partner, ending an agreement that wasn’t set to expire for another year. It’s a move that also

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Social Security inaction could push mortgage rates higher

As mortgage rates linger near 6.5%, a new fiscal threat taking shape in Washington could add further pressure to housing affordability.  Research from George Mason University’s Mercatus Center connects Social Security’s funding crisis to the bond market dynamics that shape your mortgage rate.  The connection runs through the federal debt, a channel separate from the

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Costco makes big investment to keep members coming back

Costco is different from other retailers in that it doesn’t just rely on markups to generate revenue. Costco’s membership fees are a goldmine. During Costco’s third-quarter 2026 earnings call, the company reported $1.37 billion in membership fee income, up 10.7% year over year.  The company also boasted an impressive 92.2% membership renewal rate across the

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Has Meta ever had a stock split? What sets this ‘Mag 7’ stock apart

Meta Platforms has a lot in common with its “Magnificent 7” brethren. Like Nvidia, Apple, Alphabet, Microsoft, Amazon, and Tesla, Meta is a technology giant with a market capitalization exceeding $1 trillion. Its stock has dramatically outperformed the broader S&P 500 over the past decade, and the company is investing heavily in artificial intelligence (AI).

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Michael Burry sees something in DraftKings the market is missing

Michael Burry isn’t simply betting on casino stocks. The “Big Short” investor’s fresh stakes in DraftKings (DKNG) and Flutter Entertainment (FLUT) raise a wider concern for the sports-betting industry: Are prediction markets too huge for authorities to ignore? That matters to retail investors, since the impact on sportsbook stocks hasn’t only been about user growth,

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