Cryptocurrencies
Mercedes’ China problem just got worse
Mercedes-Benz (MBGAF) has reported an 8% year-on-year decline in Q2 car sales, with an especially significant 30% drop in China, one of its largest markets by volume. Elsewhere, sales in North America and Europe increased. Read more…
Cryptocurrencies
Cathie Wood buys $2.1M of tumbling AI stock
Cathie Wood, head of Ark Investment Management, is known for buying her favorite tech stocks during market pullbacks. That’s exactly what she just did, adding shares of an AI stock after a sharp selloff. In Read more…
Cryptocurrencies
Walmart’s bestselling 3-piece comforter set is only $24 for a limited time
TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission. Why we love this deal You spend so much of your Read more…
Cryptocurrencies
GLP-1 weight-loss drug popularity reaches new heights with Americans
It’s been about five years since the U.S. Food and Drug Administration approved Wegovy for chronic weight management, but semaglutide, the active ingredient in Ozempic and similar drugs, goes back much further. Semaglutide was first Read more…
Cryptocurrencies
Broadcom gets $30 billion Apple boost as valuation debate grows
Broadcom stock got a new Apple-backed catalyst just as Wall Street was questioning how much good news was already priced in. TheStreet previously reported that Broadcom extended its Apple chip supply agreement through 2031, locking Read more…
Cryptocurrencies
Kelley Blue Book sees opportunity in housing chaos
Homeowners who enter their property address into an online valuation tool often receive conflicting estimates. The same property can produce sharply different estimates across Zillow, Redfin, and Realtor.com, depending on each platform’s methodology and data Read more…
Cryptocurrencies
Spam maker exits entire market
A major packaged food company is exiting an entire market after years of weak performance, saying the business had become a “drag” on overall results. It joins a growing number of food manufacturers shedding underperforming Read more…
Cryptocurrencies
Tesla’s Model Y just got a sharper Rivian threat
Tesla (TSLA) has spent years turning the Model Y into the benchmark for electric SUVs. That supremacy has been a big advantage for Tesla. It has scale, brand awareness, manufacturing knowledge, and a car that Read more…
Cryptocurrencies
Netflix adding lifestyle content to win viewers’ attention
Netflix used to be the easy app. One password covered a whole family, and the hardest decision most nights was what to watch. That version of the service began disappearing in 2023, when Netflix started Read more…