Economy

Economy
Economy

Bill Gates owns $25 billion in blue-chip S&P 500 stock

Bill Gates built one of the country’s most closely watched investment portfolios through Cascade Investment LLC, the firm that manages his personal fortune and helps fund the Gates Foundation. Most people picture Cascade Investment holding familiar names such as Deere and Ecolab. Those are both in the mix. But one company sits far above everything

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Economy

Finance giant sets aggressive Micron stock target after earnings

Micron Technology (MU) has become one of the biggest names in the AI trade, and Wall Street keeps raising the stakes. A stock that started 2026 as a fairly ordinary semiconductor holding is now worth more than a trillion dollars.  A run like that usually makes analysts nervous. This time, a major bank opened fresh

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Economy

Nancy Pelosi makes intriguing first-ever bet on AI power stock

Nancy Pelosi has been one of the most financially active members of Congress for years, and Wall Street has learned to observe when she files her disclosure forms.  Pelosi is the former Speaker of the House, who represented San Francisco for 39 years and is known for reading the political and economic landscape better than

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Economy

BJ’s Wholesale customers will face a significant store change

BJ’s Wholesale is planning a significant change to its in-store offerings as it sees customer behavior shift.  In the second quarter of this year, the warehouse club saw its comparable club sales (including gasoline) increase by 11.9% year over year, according to the latest earnings report. Its membership also grew to a record 8.5 million. 

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Economy

SpaceX just gave Nvidia investors a new reason to watch

SpaceX CEO Elon Musk has never been shy about ambitious timelines, and his latest involves putting AI data centers in orbit. He offered the most specific schedule yet for exactly when that plan starts becoming real. The update landed just days before Nvidia reports its own quarterly results, giving investors two closely linked stocks to

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Economy

BMO sees writing on the wall for Broadcom stock after earnings

Broadcom (AVGO) has become one of the largest companies in the world, worth about $1.75 trillion.  Yet the shares recently pulled back hard, dropping roughly 7% in five trading days and about 25% from their 2026 high. That kind of drop makes investors nervous. It also gets analysts talking. Now a new voice has entered

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Economy

Company offering compensation flight delays ends in bankruptcy

While dozens of airlines around the world have filed for bankruptcy or shut down operations since the start of 2026 over the sudden spike in jet fuel prices, companies in adjacent industries have also hit upon hard times amid an uncertain economy. A number of cruise booking and travel agencies, travel insurance providers and in

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Economy

The AI accountability problem is getting bigger

Something went wrong with an AI agent. It accessed a system it should not have. It took an action nobody authorized. Now comes the hard part: figuring out who is responsible. That is no longer a hypothetical. AI agents are moving from generating text and images to making decisions, using tools, and acting with less

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Economy

Popular movie theater chain closes another location after 25 years

For moviegoers, some theaters become more than places to watch the latest blockbuster. They become part of the neighborhood, familiar landmarks where generations of movie fans have spent countless hours making memories with family and friends or escaping reality for a while. But even as moviegoing rebounds, major theater chains continue to reshape their footprints,

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Economy

Nio stock loses a crucial support level: why September 1 will be crucial

Nio stock dropped below a crucial support level this week, reaching its lowest level since July 2025. It has dropped by 45% from its highest point last year and 38% from the year-to-date high. This crash will be in the spotlight as traders wait for its earnings on September 1. Nio stock loses key support

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