Grocery chain Albertsons is predicting slightly weaker sales amid more cautious lower-income consumer spending. The company on Thursday (July 23) released earnings showing the company lowering its guidance for the fiscal year, projecting decreases of 1.5% to 0.5%, compared to an earlier forecast of flat sales to a 1% increase. CEO Susan Morris said this is happening […]
Online investment platform AngelList has added agentic AI to its platform. According to a post on X by AngelList CEO, “you can now talk to your fund from Claude, ChatGPT, and Codex. Access financials, documents, capital calls, distributions, and more. To make this work seamlessly, we upgraded the vast majority of the 25,000+ Funds, SPVs […]
Today’s Change (15.98%) $1.51 Current Price $10.96 Key Data Points Market Cap $5.4BMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary. Day’s Range $10.60 – $11.46 52wk Range $7.73 – $16.70 Volume 67.4M Avg Vol 19M Gross Margin -258.61% Cleveland-Cliffs (CLF […]
First, it had its most-profitable quarter in corporate history. Reporting $112 billion in profit, that’s its first 12-figured quarterly profit in history. But 69% of that came from unrealized paper gains on its stakes in SpaceX and Anthropic, not the core business, and Wall Street looked straight through it. Stripping that out, however, Google still […]
Nervous investors set the stage for massive post-earnings moves in Wall Street’s biggest stocks.
US President Donald Trump speaks to reporters after landing in Air Force One on July 19, 2026 in Joint Base Andrews, Maryland. Andrew Harnik | Getty Images The Trump administration will impose new tariffs just after midnight ET Friday on dozens of countries over alleged forced-labor violations, according to a notice in the Federal Register. […]
From left, President Donald Trump, Oracle’s Larry Ellison, SoftBank’s Masayoshi Son and OpenAI’s Sam Altman appear at the White House in Washington on Jan. 21, 2025. Jim Watson | Afp | Getty Images The Pentagon on Thursday announced a contract with Oracle worth almost $7 billion over a decade, a big win for the software […]
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This article was written by Follow James Foord is an economist by trade and has been analyzing global markets for the past decade. He leads the investing group The Pragmatic Investor where the focus is on building robust and truly diversified portfolios that will continually preserve and increase wealth. The Pragmatic Investor covers global macro, […]
McDonald’s declares $1.86 quarterly dividend per share