Stocks
Copart Targets 15M+ U.S. Noninsurance Market; International Units Up 5.9%
Copart outlines a 15M+ U.S. noninsurance auction TAM and reports a 5.9% rise in international units for Q3 fiscal 2026, despite a...
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Finance
US 30-Year Mortgage Rate Hits 6.51%, Highest in Nearly Nine Months
The average long-term U.S. mortgage rate climbed to 6.51% this week, its highest level in nearly nine months, increasing borrowing costs for...
Markets
SpaceX S-1 Filing: Trillion-Dollar Valuation, Billions in Losses Revealed
"SpaceX's S-1 filing reveals a projected $1.75 trillion to $2 trillion market cap for its anticipated June IPO, alongside significant net losses...
Stocks
Corn Futures Retreat on Thursday Amid Market Pressure, Argentina Crop Boost
Corn futures saw broad declines on Thursday, with prices falling 1 ¾ to 4 ¼ cents across the board, despite robust old...
Economy
Walmart Uses Tariff Refunds for Price Cuts as Shoppers Feel Gas Price Squeeze
Walmart plans to use tariff refunds to lower prices, responding to consumer stress from rising gas costs. CFO John David Rainey noted...
Markets
Warsh at the Fed: Trump’s Ally or Independent Steward?
Kevin Warsh's confirmation as Fed chair was the narrowest on record, raising questions about his independence from President Trump's agenda.
Stocks
SpaceX Starship Test: A Trillion-Dollar IPO Hangs in the Balance
SpaceX's critical Starship launch test ahead of its IPO is under intense scrutiny. Investor confidence and a potential $1.5 trillion valuation hinge...
Finance
House Hearing Reveals Oversight Lagging Bank-FinTech Innovation
A House committee hearing scrutinized bank-FinTech partnerships, revealing concerns that regulatory oversight struggles to keep pace with rapid innovation and new risks....
World Business
Asia Chip Windfall Fuels Global AI Hyperscalers
Asian chipmakers' AI-driven profits are creating a global savings glut, funding hyperscalers and echoing past financial cycles.
Stocks
Airbnb CEO Eyes ‘Amazon for Services’ Expansion
Brian Chesky envisions Airbnb as an 'everything' app for travel, integrating hotels, car rentals, and AI for trip planning.
Stocks
Molson Coors Prices CAD $500M Senior Notes Offering
Molson Coors Beverage Company has priced a CAD $500 million private placement of senior notes due 2033, with a 4.300% coupon rate....
Stocks
Anthropic Inks $45B SpaceX Deal for AI Infrastructure
Anthropic (ANTHRO) will pay SpaceX (SPACE) nearly $45B over three years to support its AI model Claude, securing capacity amidst surging demand.