Category: News

A colossal divergence is unfolding between Wall Street and Main Street. While champagne flows on the trading floor and President Donald Trump celebrates the stock market at record highs, pessimism is spreading like wildfire outside Wall Street doors and straight into the kitchens of the average American family. S&P 500, Nasdaq 100 Break Record Highs…

Global smartphone shipments fell 6% year over year in the first quarter of 2026 as a memory crunch and soft demand weighed on volumes. Apple Inc. (NASDAQ:AAPL) carried its fourth-quarter momentum into the new year, leading the market for the first time in a March quarter on strong iPhone 17 demand and disciplined supply chain…

Microsoft Corp (NASDAQ:MSFT) is expanding its AI ambitions through a new partnership with Nvidia Corp (NASDAQ:NVDA) while analysts remain bullish on its long-term growth potential. AI Push Targets Nuclear Bottlenecks Microsoft announced Tuesday that the company and Nvidia are teaming up to apply AI across the nuclear energy lifecycle, aiming to speed up permitting, design,…

Micron Technology Inc (NASDAQ:MU) shares surged during Wednesday’s premarket session. This follows a 4.5% gain on Tuesday. Investors are positioning themselves before the company’s fiscal second-quarter results. The report drops after the closing bell on Wednesday. Analysts Expect Massive Year-Over-Year Growth Wall Street expects a significant jump in financial performance. According to Benzinga Pro data,…

On Monday, AT&T Inc. (NYSE:T) reaffirmed its guidance ahead of its Morgan Stanley Technology, Media & Telecom Conference. Lumen Acquisition The company closed its acquisition of Lumen’s Mass Markets fiber business, a move that was finalized ahead of schedule on February 2. This strategic acquisition is set to enhance AT&T’s fiber and fixed wireless internet…

Elon Musk‘s moon-first pivot isn’t just a space story — it’s an industrial and chip story that investors can actually own today. While headlines focus on rockets, the real build-out sits in silicon: high-performance computing, power-efficient chips, and satellite networking that make SpaceX‘s vision operational. Musk says SpaceX can launch to the moon every 10…

Software stocks are unraveling fast as investors rethink AI winners, pushing capital out of high-growth tech and back into value stocks and cyclical corners of the market. Over the past week alone, the sector — tracked by the iShares Tech-Expanded Software Sector ETF (NYSE:IGV) — has fallen nearly 20%, extending losses to more than 30% from…

A K-shaped U.S. economy—where wealth continues to concentrate at the top while the bottom half struggles—is leaving its mark on American businesses, with luxury and high-end discretionary spending rebounding even as mass-market consumption weakens and consumer sentiment plummets to recessionary levels. According to Bank of America card data, U.S. luxury spending rose 4% year-over-year in…

The cryptocurrency market is riding near-record levels for Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH), but Bitwise Chief Investment Officer Matt Hougan believes several overlooked factors could still drive prices sharply higher. What Happened: In a note to clients on Wednesday, Hougan pointed to improving regulatory clarity, growing stablecoin adoption, increased corporate treasury purchases, and…