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Morgan Stanley resets Walmart forecast on high inflation
TheStreet89d agoneutral
Morgan Stanley resets Walmart forecast on high inflation

Walmart (WMT) had a rough Thursday. The stock dropped roughly 7.3% on May 21, 2026, closing at $121.34 after a cautious second-quarter outlook overshadowed otherwise solid first-quarter results, CNBC reports. The selloff dragged shares more than 10% below their 52-week high, but Morgan Stanley ...

Costco closure decisions to disappoint members
TheStreet89d agoneutral
Costco closure decisions to disappoint members

Costco has built one of the strongest customer loyalty machines in retail by consistently doing things that make its members feel like they’re getting a deal – and getting treated well while they’re at it. That includes everything from aggressively low food-court pricing to expanded executive ...

XOVR ETF: Watch Hyperscaler AI Capex Before Summer 2026 Earnings Season
24/7 Wall St.89d agoneutral
XOVR ETF: Watch Hyperscaler AI Capex Before Summer 2026 Earnings Season

The ERShares Private-Public Crossover ETF (NYSEARCA:XOVR) sits at an awkward crossroad heading into summer 2026. Shares trade near $19.08, down 5% year-to-date even as the public-side AI mega-caps it holds have ripped higher. That disconnect matters because XOVR is the rare ETF that pairs late-stage private growth (SpaceX is the publicly known anchor) with public ... XOVR ETF: Watch Hyperscaler AI Capex Before Summer 2026 Earnings Season

Award-winning Home Depot rival hardware chain store closes
TheStreet89d agoneutral
Award-winning Home Depot rival hardware chain store closes

Hardware sales suffered from a continued housing slump and consumers’ reluctance to spend in uncertain economic conditions in 2025. Industry leader Home Depot's sales performance may have been affected by these economic issues, as its sales declined by 3.8% in its fourth quarter of 2025, which ...

Chipotle rival Mexican chain closes all U.S. restaurants
TheStreet89d agoneutral
Chipotle rival Mexican chain closes all U.S. restaurants

For many Americans, eating out has become a luxury. Some people have been trading down, while others have decided to eat at home more often. In my decades of covering restaurants, I've never seen a period where consumers have been hit by both high prices and a challenging economy. Even some ...

‘The Mandalorian and Grogu’ Returns Star Wars to Theaters
The Wall Street Journal89d agoneutral
‘The Mandalorian and Grogu’ Returns Star Wars to Theaters

Star Wars returned to theaters at the top of the box-office charts after a seven-year absence, but it didn’t quite hit lightspeed. While hardly a flop, the movie will virtually match 2018’s “Solo: A Star Wars Story,” the least-successful film since Disney acquired George Lucas’s science-fiction franchise in 2012. Expectations for “The Mandalorian” were more muted given its lower budget and roots on the small screen.

Elon Musk’s Bugs Bunny Moment: Will SpaceX IPO Tank Tesla Stock?
Barrons.com89d agoneutral
Elon Musk’s Bugs Bunny Moment: Will SpaceX IPO Tank Tesla Stock?

The episode aired in 1948, but the idea is strangely valid today, except that it’s Elon Musk squaring off with himself. SpaceX is on the cusp of its initial public offering, which will raise a record amount of money. SpaceX plans to offer a relatively large amount of its stock to smaller retail investors, the same ones who hold Tesla shares.

BofA raises red flag on SpaceX, OpenAI IPOs
TheStreet89d agoneutral
BofA raises red flag on SpaceX, OpenAI IPOs

Markets do not crash when investors are afraid. They crash when investors are convinced the rules have changed, when even the most cautious money managers find themselves crowded into the same trade because the alternative is missing the year. That is roughly where the US stock market sits in late ...

Alaska’s Oil Revival Sparks a New Energy Rush Into the Arctic
Bloomberg89d agoneutral
Alaska’s Oil Revival Sparks a New Energy Rush Into the Arctic

(Bloomberg) -- When John Kurz left Alaska’s North Slope in 2009, he was staring at a grim future for what had once been the country’s premiere oil field. Most Read from BloombergNvidia CEO Urges Super Micro to Tighten Up on ComplianceTrump Says He’ll Announce Negotiated Deal With Iran ShortlyRubio Sees Good News Coming on Hormuz as Iran Talks ContinueIran, US Signal Progress in Peace Talks as Issues UnresolvedTrump Doctor Visit Renews Health Scrutiny as 80th Birthday NearsCrude production had pl

Alaska's oil revival sparks a new energy rush into the Arctic
Bloomberg89d agoneutral
Alaska's oil revival sparks a new energy rush into the Arctic

(Bloomberg) -- When John Kurz left Alaska's North Slope in 2009, he was staring at a grim future for what had once been the country's premiere oil field. Most Read from BloombergNvidia CEO Urges Super Micro to Tighten Up on ComplianceTrump Says He'll Announce Negotiated Deal With Iran ShortlyIran, US Signal Progress in Peace Talks as Issues UnresolvedRubio Sees Good News Coming on Hormuz as Iran Talks ContinueTrump to Force Foreigners Seeking Green Cards to Go Home FirstCrude production had plum

Alaska’s Oil Revival Sparks a New Energy Rush Into the Arctic
Bloomberg89d agoneutral
Alaska’s Oil Revival Sparks a New Energy Rush Into the Arctic

(Bloomberg) -- When John Kurz left Alaska’s North Slope in 2009, he was staring at a grim future for what had once been the country’s premiere oil field. Most Read from BloombergNvidia CEO Urges Super Micro to Tighten Up on ComplianceTrump Says He’ll Announce Negotiated Deal With Iran ShortlyIran, US Signal Progress in Peace Talks as Issues UnresolvedRubio Sees Good News Coming on Hormuz as Iran Talks ContinueTrump to Force Foreigners Seeking Green Cards to Go Home FirstCrude production had plum

Musk Dreams of Interplanetary Profit
The Wall Street Journal89d agoneutral
Musk Dreams of Interplanetary Profit

Plus, voice-powered writing in Google Docs, the coming “vibe slop” crisis, the rising AI backlash and Apple’s success with imperfect chips.

Bond Strategists Warn Yields to Stay High Even If Iran War Ends
Bloomberg89d agoneutral
Bond Strategists Warn Yields to Stay High Even If Iran War Ends

(Bloomberg) -- For all the hand-wringing over war-related inflation fears, there are signs that other drivers are having as much a bearing on longer-term borrowing costs. Most Read from BloombergNvidia CEO Urges Super Micro to Tighten Up on ComplianceTrump Says He’ll Announce Negotiated Deal With Iran ShortlyIran, US Signal Progress in Peace Talks as Issues UnresolvedRubio Sees Good News Coming on Hormuz as Iran Talks ContinueTrump to Force Foreigners Seeking Green Cards to Go Home FirstIn the U

Bond Strategists Warn Yields to Stay High Even If Iran War Ends
Bloomberg89d agoneutral
Bond Strategists Warn Yields to Stay High Even If Iran War Ends

(Bloomberg) -- For all the hand-wringing over war-related inflation fears, there are signs that other drivers are having as much a bearing on longer-term borrowing costs. Most Read from BloombergTrump Says He’ll Announce Negotiated Deal With Iran ShortlyNvidia CEO Urges Super Micro to Tighten Up on ComplianceIran, US Signal Progress in Peace Talks as Issues UnresolvedTrump to Force Foreigners Seeking Green Cards to Go Home FirstRubio Sees Good News Coming on Hormuz as Iran Talks ContinueIn the U

Buried Deep in SpaceX’s Pre-IPO Disclosures: A Threat to Starlink That Sounds Like Science Fiction
24/7 Wall St.89d agoneutral
Buried Deep in SpaceX’s Pre-IPO Disclosures: A Threat to Starlink That Sounds Like Science Fiction

I’ve been reading SpaceX’s pre-IPO disclosures hunting for the buried sentence others skip. There’s a passage in the risk section that reads like a screenplay: foreign powers, orbital weapons, and a constellation of satellites already in someone’s targeting reticle. It sounds like science fiction. It’s real. Here is the actual language from the document: “The ... Buried Deep in SpaceX’s Pre-IPO Disclosures: A Threat to Starlink That Sounds Like Science Fiction