American Teens Are Steering Clear of Driving, With Only 68.7% Getting Licensed in 2022
Data shows a sharp decline in teen driving as car costs rise, contrasting with a national rebound in overall mobility to pre-pandemic levels.
Apple’s AI Features Are Arriving as AI Hype Cools
Apple debuts new AI features as market enthusiasm cools and high-growth tech stocks face valuation pressure and increased scrutiny.
Volkswagen’s Bumpy Road Ignites Fierce Battle Over Restructuring Plans
Volkswagen considers historic plant closures in Germany amid intense labor disputes and stiff competition from Chinese electric vehicle manufacturers.
Dell Rides AI Wave to New Heights In Q2, Reporting An 80% Boom in AI Server Sales
Dell reports an 80% jump in AI server sales as it eyes market share from competitor Super Micro amidst the company's ongoing controversy.
Millennials Have Experienced A 300% Surge In Household Wealth Since 2016, Outpacing Prior Generations
Millennial household wealth has surged 300% since 2016, driven by real estate gains, positioning them to lead future generational wealth shifts.
Hollywood’s Stock Troubles Mount As Pay TV Subscribers Drop 10.9%
Traditional TV subscriptions are plummeting as Hollywood media firms struggle with a difficult shift to streaming and declining linear ad revenues.
AMD Widens Lead Over Struggling Intel with New Consumer and AI Chips — Next Up, Nvidia
AMD is narrowing the gap with Nvidia in the AI chip race while cementing its lead over a struggling Intel.
The US Is Spending Billions On Transit Infrastructure. Will It Pay Off?
US cities are pouring billions into transit projects, but budget gaps and shifting commute patterns raise questions about the long-term economic payoff.
Investors Say They’re Bullish, But Their Portfolios Signal Recession
Fund managers are tilting portfolios toward defensive assets like bonds, signaling rising recession fears despite continued optimism for a soft landing.
A Bowl Market Is Propping Up Big Returns in the Fast Casual, Health Food Industry
Fast-casual chains like Cava and Chipotle are thriving as affluent consumers drive demand for healthy options despite a broader dining slowdown.
Zoom’s Q2 Reports Stalling Revenue as Cash Pile Swelled to $7.5B
Zoom reports slowing Q2 revenue growth despite an earnings beat and now looks to deploy its $7.5B cash reserve toward AI and contact center expansion.
