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LeBron James exposes Nike’s hidden turnaround problem
TheStreet26d agoneutral
LeBron James exposes Nike’s hidden turnaround problem

LeBron James has been helpingNike (NKE) sell basketball sneakers for more than two decades. Now he’s giving the company a harsh diagnosis. Speaking at the CNBC x Boardroom Game Plan Summit, James said Nike needs to reconnect with local communities and listen more closely to consumers if it wants to ...

These AI-Native Companies Have Tiny Staffs and Fewer Bosses
The Wall Street Journal26d agoneutral
These AI-Native Companies Have Tiny Staffs and Fewer Bosses

The first, a subscription-based furniture rental company he started in 2017, employed around 150 staff at its peak before he sold it in 2022. The newest generation of companies, infused with AI from the start, offer a vision of how work could soon be structured elsewhere in American corporations: Fewer co-workers; more on-staff engineers; and a flatter structure in which nearly everyone is a player-coach instead of strictly overseeing teams. A new working paper examining thousands of recent Y Combinator and other U.S. venture-backed startups indicates as much.

TSMC expects 'strong, multi-year' demand for AI chips as it ramps up Arizona investment
Reuters26d agoneutral
TSMC expects 'strong, multi-year' demand for AI chips as it ramps up Arizona investment

TSMC is seeing strong, multi-year demand for its AI chips as it invests a further $100 billion to expand its Arizona facilities, but it needs to address several challenges, such as a shortage of construction workers there, a top ‌executive said. Speaking after blockbuster second-quarter results on Thursday, Chief Financial Officer Wendell Huang said the company is "very happy" with progress in Arizona, which is ‌why it decided to ramp up investment to $265 billion. "We continue to see customers' strong demand — ​multi-year structural demand."

SpaceX moves Starship launch attempt to Thursday
Reuters26d agoneutral
SpaceX moves Starship launch attempt to Thursday

SpaceX is targeting Thursday, July 23, for another attempt to launch its Starship ‌rocket, the company said in a statement on ‌Sunday. SpaceX CEO Elon Musk posted on X later on Sunday that the ​next Starship launch would occur on Friday, contradicting the earlier statement from his company. On July 16, SpaceX's ‌Starship rocket triggered a ⁠last-second abort before liftoff for its 13th flight test from Texas, which erased about $100 ⁠billion from the company's market value.

Nvidia’s latest Rubin deal points to a bigger growth market
TheStreet26d agoneutral
Nvidia’s latest Rubin deal points to a bigger growth market

Nvidia’s (NVDA) newest Japan project looks like an enormous chip sale. It is a lot more important to U.S. investors. A Japanese group aims to construct anAI factory made up of about 27,500 of Nvidia's Rubin GPUs and 13,750 Nvidia Vera central processing units. The 140-megawatt system will be used ...

Bank of America doubles down on Google stock ahead of earnings
TheStreet26d agoneutral
Bank of America doubles down on Google stock ahead of earnings

Alphabet reports Q2 2026 earnings on July 22. Most investors going into the print are focused on Search growth and whether Cloud can sustain its acceleration. But Bank of America's latest note highlights something that could make the headline numbers look unusual: an estimated $80 billion boost to ...

Boeing Needs to Shore Up Finances Before Launching New Airplane Design, CEO Says
The Wall Street Journal26d agoneutral
Boeing Needs to Shore Up Finances Before Launching New Airplane Design, CEO Says

Boeing Chief Executive Kelly Ortberg said the company has started work on a new airplane design, but it is focused on playing catch-up to deliver products that are years behind schedule. Ortberg said airlines weren’t clamoring for a new design just yet, and Boeing wants to have the technology and its finances in place first. “Certainly, getting our financial house in order is a part of our being ready,” Ortberg said.

Kroger supermarkets land exclusive Coca-Cola soda
TheStreet26d agoneutral
Kroger supermarkets land exclusive Coca-Cola soda

Limited-time-offers (LTOs) bring consumers back to stores they may not have visited in a while and in rare cases, they may get a shopper to go someplace they rarely, or never, visit. In other cases, an LTO simply gets a customer to spend more than they otherwise might have. Starbucks, for example, ...

Bloomberg26d agoneutral
Bond Traders Take Warsh at Word, See Inflation Fight Continuing

(Bloomberg) -- Bond traders and Federal Reserve Chairman Kevin Warsh are in agreement on a crucial point: The central bank’s fight against inflation still seems far from over. Most Read from BloombergUS Strikes Iran to ‘Punish’ It for Attack That Killed 2 TroopsThousands of Trucks Haul Iraq’s Oil Through Syria in Sign of Hormuz LegacyFCC Near Rulings Against Disney Over ‘The View,’ TV LicensesTaylor Farms Pulls Mexican Lettuce as Parasite Cases RiseUS-Iran Attacks Escalate as Strikes Kill Two Am

Target wants rich parents to shop at its stores
TheStreet26d agoneutral
Target wants rich parents to shop at its stores

For years, Target occupied a unique place in retail. It offered low prices, but shoppers often viewed it as a step above competitors like Walmart. Target was the store where customers could pick up paper towels and laundry detergent but also leave with a stylish lamp, trendy home décor, or a ...

UnitedHealth CFO sends stark warning after earnings
TheStreet27d agoneutral
UnitedHealth CFO sends stark warning after earnings

UnitedHealth Group (UNH) beat Wall Street's numbers on July 16, 2026, but its chief financial officer spent the earnings call making sure nobody mistook that result for a solved cost problem. The company beat earnings estimates by roughly 30%, and management raised full-year guidance well past ...

Bloomberg27d agoneutral
Prediction Markets Swell to 27% of Sports Bets During World Cup

(Bloomberg) -- Prediction-market trading has surged during a blowout World Cup, far outpacing the growth at traditional sportsbooks and driving home the competitive threat that companies like Kalshi now pose to the sports-gambling industry. Most Read from BloombergUS Strikes Iran to ‘Punish’ It for Attack That Killed 2 TroopsFCC Near Rulings Against Disney Over ‘The View,’ TV LicensesThousands of Trucks Haul Iraq’s Oil Through Syria in Sign of Hormuz LegacyTaylor Farms Pulls Mexican Lettuce as P

Big Blue Blues
The Wall Street Journal27d agoneutral
Big Blue Blues

Plus, what happens when you give an AI agent access to your passwords, tech executives fear for their lives amid AI backlash, how not to charge your phone, and more.