Artificial intelligence needs enormous amounts of electricity, and that has turned power companies into some of the most closely watched stocks in the market. Talen Energy (TLN) gave investors a hard number on July 14. Read more…
US Consumer sentiment improved again in July, with the University of Michigan’s preliminary index rising from 49.5 to 54.4, its highest level since February. The gain was driven largely by easing gasoline prices in recent Read more…
I have been following the Strait of Hormuz crisis since February 28, when the conflict first began rerouting the global oil trade in ways most investors underestimated. It’s been 139 days. I covered Chevron CEO Read more…
A proposed billionaire tax in California could have fiscal consequences that extend well beyond the state’s wealthiest residents, with potential implications for state budgets nationwide in the years ahead. J.P. Morgan Private Bank published an Read more…
Oil prices regained traction and rose on Friday, advancing over 1.5% during European session, after being in a quiet mode in past two days. Double tight Doji candles on Wed/Thu signaled that traders were on Read more…
Markets headed into the final US session of the week with a distinctly defensive tone as investors weighed two converging risks: a deepening global semiconductor selloff and growing concern that the US-Iran conflict could enter Read more…
There is a moment in every bull market when doing nothing starts to feel like the dumbest thing a person can do. Everyone around you is up. The riskiest bets are paying the most. Sitting Read more…
In the span of a few days in early June, AI and chip stocks lost $1.3 trillion in market value. U.S. semiconductor names got hit hard. Investors who had been riding the AI wave suddenly Read more…
TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission. Summer is meant to be a time of fun in the Read more…
It had to happen. After the June 11 market close, Elon Musk took his Space Exploration Technologies Corp. (otherwise known as SpaceX) public. Price: $135 a share. Result: The company raised some $75 billion before Read more…