The Gilded Age economist Thorstein Veblen famously wrote about âconspicuous consumption,â the idea that people signal status by buying expensive, exclusive things. If he were witnessing the behavior of Gen…
Amazonâs stock price jumped more than 9% in after-hours trading on Thursday after the retail-and-AI giant reported second-quarter results buoyed by its Amazon Web Services cloud business, which is racing…
Apple said it is facing severe supply constraints that will affect sales of iPhones and Macs in the months ahead, underscoring the challenges looming over the company as Tim Cook…
Prediction markets are deepening their foothold in Major League Baseball. On Thursday, Novig, an up-and-coming trading platform, announced a multi-year deal with the New York Mets to become the teamâs…
Microsoft added nearly $500 billion in market value ($480 billion, to be exact) in a single trading session on Thursdayâa more than 17% surgeâafter reporting fiscal fourth-quarter results that showed…
Microsoft stock prices surged as much as 17% on Thursday to above $455, the largest single-day gain in nearly 20 years. The resurgence followed the tech giantâs 2026 fiscal year…
More than 30 years after joining Dow Inc. as an intern, Karen Carter became the CEO this year, taking the helm of a company grappling with financial losses, a corporate…
Back in January 2025, Adam Turnquist built a chart. LPL Financialâs chief technical strategist had overlaid the U.S. Dollar Indexâs trajectory across Donald Trumpâs two presidential terms â a simple…
Fast-food chains have spent the past several years racing to automate everything from drive-through ordering to burger flipping using AI. McDonaldâs and Wendyâs have continued to experiment with AI ordering…
The countertop was a problem far too unruly for AI to solve. When the customer called in to Ikeaâs remote-sales center in Helsingborg to order a custom-cut slab for his…