Bank of America isn’t backing away from its forecast for two more Federal Reserve rate hikes this year. In addition, the Wall Street bank is raising a bigger question: Will even 75 basis points of additional tightening be enough to bring inflation back to the Fed’s 2% target? In a client note obtained by TheStreet,
Treasury yields can rise gradually for years without fundamentally changing how investors value equities. But when a key round number is breached, the shift can quickly alter the calculations underpinning stock valuations across the market. The 10-year yield briefly touched 5% on September 14, 2026, reaching its highest point since October 2023, a threshold that
Salesforce (CRM) CEO Marc Benioff just made a product announcement at Dreamforce 2026, and he used the stage to directly criticize Microsoft in the process. The product is called AIforce, an AI connectivity layer that lets employees access Salesforce data and run complex workflows inside third-party AI tools such as Anthropic’s Claude and Slack. CRM
Senator Richard Blumenthal, the Connecticut Democrat who chairs the Senate Judiciary Subcommittee on Privacy, Technology and the Law, went on CNBC‘s “Squawk on the Street” on Tuesday, Sept. 15, and gave a warning that caught investors’ attention. “We’re on the verge of losing control,” Blumenthal said, calling for a government review process for AI products
Granted by the civil aviation authority in a given country, the air operator’s certificate (AOC) is the single most important approval a commercial airline needs before it can begin flying and selling tickets to passengers. The most common reasons for a carrier to have its AOC suspended or revoked are either a failed safety audit
For years, Elon Musk has been making big promises about SpaceX (SPCX). This time, one of Wall Street’s best-known investors is doing it for him. Cathie Wood, CEO of ARK Invest, described a future in which SpaceX’s Starship could generate $1 billion in revenue with each flight. The numbers grow much larger after that. Wood
Elon Musk has a habit of answering the biggest questions about his companies without actually answering them. He was asked directly at the All-In Summit why Tesla and SpaceX still operate as two separate companies. He gave an answer that sounded like a riddle but landed like a signal. The comment reignited a debate that
Real estate technology company Zillow reports that the 30-year fixed-rate mortgage (FRM) is holding at its highest level in a year. And the firm has a major prediction: “Newly pending listings, a forward-looking measure of demand, fell 2.6% from a year ago, a sign that the slowdown could continue through the remainder of the year,”
Jim Cramer has a warning for investors. On his September 11 Mad Money segment, the host said today’s market looks similar to the fall of 2018, a stretch that ended in one of the worst stock selloffs in years. Oil trades above $100 a barrel, and the 10-year Treasury yield just hit 5%. Inflation also
In July, Microsoft (MSFT) CEO Satya Nadella surprised AI stock investors with an uncomfortable way to think about what they were buying into. As I wrote for TheStreet in “Microsoft CEO adds fuel to Palantir CEO’s AI warning,” Nadella argued that companies weren’t merely paying for tokens. Moreover, they were feeding outside models the prompts,