Carvana Expands to New Cars Via Dealership Acquisitions
Carvana enters the new-car market with the purchase of seven Stellantis dealerships, leveraging its scale to challenge traditional automotive retailers.
The Emerging Iran Peace Deal Is Triggering a Major Sector Rotation
A new peace deal in Iran is triggering a major market rotation as investors move capital out of energy and defense into travel and tech.
The Smart Ring Trade Is Hot, but the Economics Run Cool
Are private health-tech valuations justified? We analyze why established public players may offer better exposure to the wearable boom than upcoming IPOs.
Chase Just Devalued Its Cheaper Sapphire Preferred Product (Again) — The Changes Open the Door For Challenger Bilt
Chase Sapphire Preferred faces backlash after devaluing its rewards program, creating an opportunity for Bilt to capture value-conscious credit card users.
Consumer Sentiment Climbs Off Record Low as Gas Prices Pull Back
US consumer sentiment ticked upward in June as falling gas prices provided temporary relief, though persistent inflation keeps the economic outlook cautious.
SpaceX IPO Raises $75B on Debut, Making Musk First Trillionaire
SpaceX debuts on the Nasdaq at a $2.1 trillion valuation, marking the largest IPO in history and pushing Elon Musk's net worth past $1 trillion.
Wall Street Piles Into SpaceX as the Biggest IPO Ever Leaves Earth
SpaceX hits the public markets with a historic $1.77 trillion valuation, marking a massive test for the aerospace sector and beyond.
Thirty Years In, Toy Story Remains One of Disney's Most Valuable Assets
Disney reports $16 billion in revenue from its Toy Story franchise as the studio prepares for the theatrical debut of the fifth installment.
Waymo Bets on Airline-Style Memberships to Boost Revenue
Waymo introduces a new monthly subscription service to build recurring revenue and secure customer loyalty for its autonomous ride-hailing fleet.
Hotel Stocks Cash In on the World Cup Travel Boom
Corporate travel spending for the 2026 World Cup is driving a hospitality boom, benefiting major hotel operators and booking platforms as leisure demand slows.
Record Beef Prices Keep Climbing as Screwworm Outbreak Threatens an Already Thin Cattle Supply
Record beef prices face further upward pressure as a screwworm outbreak hits a historically thin US cattle supply, compounding existing drought challenges.
