I covered Michael Burry‘s first Palantir short thesis on June 4, when he called the stock a “sand castle” trading at 16 times intrinsic value. The stock dropped sharply the following day. Then Palantir reported 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. Why we love this deal Cotton, linen, and other natural fabrics Read more…
Corporate America is posting record-breaking profits, with 86% of S&P 500 companies beating earnings expectations during the second quarter, FactSet reported. For Wall Street, the picture could hardly look brighter, as double-digit profit growth extends Read more…
U.S. economic data has been clear for well over a year: The top earners in this country are doing quite well. Thanks to U.S. stock indexes that reached new all-time highs earlier this month, the Read more…
Jim Cramer has been telling retirees and would-be retirees the same thing for years. Retirement wealth does not come from trading. It comes from compounding. Most people, he says, are doing the opposite of what Read more…
Every year, millions of retirees eagerly await news about the next Social Security cost-of-living adjustment (COLA). It’s one of the few ways retirees can see their monthly checks increase after starting benefits, helping them keep Read more…
Every few quarters, the debate around Nvidia moves. For a while, it was about whether AI demand was real. Then it was about whether margins could hold. Now, heading into its August 26 earnings report, Read more…
US inflation slowed in July, mainly reflecting drop in oil prices due to recent ceasefire in the Middle East, and signaling less pressure on the US central bank to raise interest rates in September. The Read more…
Markets The US July CPI inflation report printed bang in line with consensus today. Headline inflation rose by 0.1% M/M and 3.4% Y/Y (down from 3.5%). The BLS, responsible for the release, said that the Read more…
About 20 million barrels of petroleum liquids pass through the Strait of Hormuz every day. That is roughly 20% of global oil consumption moving through a waterway just 21 miles wide at its narrowest point. Read more…