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AI Spending Soars

AI Spending Soars

Nvidia shares fell as if we just discovered that AI is about as useful as NFTs. Nothing could be more false—just take a look at the planned AI spending by some of the world’s biggest companies. Competition is coming, but the ocean’s big enough for everyone.

Nvidia Snubbed

Nvidia Snubbed

The stock that cried earnings is back again, and... the market ain’t believing them anymore. Nvidia’s earnings blew the roof off once again, but it no longer impresses Wall Street. Get the full rundown below.

Housing Market Up

Housing Market Up

The housing market’s trying to make a comeback, but it’s like watching your favorite sports team make a late playoff push—exciting but ultimately futile. Existing home sales are up a smidge, while new home sales are also rising, but the prices? They’re still soaring like a balloon in a hot air balloon race.

Vyomesh Kumar
Vyomesh Kumar
McLaren Economy?

McLaren Economy?

The U.S. economy is becoming more McLaren than Toyota. Yesterday’s Durable Goods report is the perfect example—it looks great on the outside but isn’t exactly something you want to invest in.

Powell’s Rate Cut

Powell’s Rate Cut

Powell showed off his dance moves at Jackson Hole, confirming that rate cuts are coming. It’s like watching your dad try to be cool at a wedding—awkward, but you appreciate the effort. Now, we wait to see how markets react when the music stops.

Ankit Sinha
Ankit Sinha
Peloton & Zoom Boom

Peloton & Zoom Boom

Is there another pandemic I don’t know about? I wouldn’t be surprised, given the boom in shares of Peloton and Zoom Video. Snowflake’s strong quarter sent shares tumbling (obviously), and Williams-Sonoma is as upset about the housing market as your average home buyer.

Ankit Sinha
Ankit Sinha
Trump’s Economic Plan

Trump’s Economic Plan

Yesterday, we covered the economic policy proposal from Vice President and Democrat nominee Kamala Harris. Today, we run it back for round two with Republican nominee Donald Trump and his game plan for the economy.

Vyomesh Kumar
Vyomesh Kumar
Jackson Hole Buzz

Jackson Hole Buzz

The Kansas City Fed’s annual middle-of-nowhere conference in Jackson Hole begins tomorrow. Find out why all eyes are on Wyoming below.

Vyomesh Kumar
Vyomesh Kumar
AMD Takes Aim at Nvidia

AMD Takes Aim at Nvidia

AMD shares surged as Lisa Su & Co put Nvidia’s data center business in their crosshairs. McDonald’s has some new fans, while Sweetgreen suffers from being too healthy. Lastly, Carl Icahn just paid a not-so-Icahnic fine to the SEC.

Vyomesh Kumar
Vyomesh Kumar
Housing Market Still Tight

Housing Market Still Tight

The housing market didn’t get much better in July despite recent spikes in mortgage applications. Your rate might be lower, but when supply growth slows by this much, prices have only one way to go...

Ankit Sinha
Ankit Sinha
Buffett’s New Pick

Buffett’s New Pick

Warren Buffett has a new favorite child, while Deere & Co’s earnings were abysmal, sending shares higher. B. Riley continued its Boeing-plane-level nosedive, and retailer Dillard’s is feeling the pain.

Ankit Sinha
Ankit Sinha
M&M Pop-Tarts?

M&M Pop-Tarts?

M&M flavored Pop-Tarts could be on their way to a store near you after this acquisition. UBS’s marriage with Credit Suisse is going well, but the Starbucks CEO transition isn’t as good as we thought. Finally, Chili’s needs our help.

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