Articles

Chinese EV maker XPeng said it narrowed loss on record sales

Chinese EV maker XPeng said it narrowed its losses as revenue more than doubled in the second quarter.

U.K. to drop demand for ‘back door’ into iPhones, as Apple reportedly expands Indian production

The U.K. is acceding to U.S. government request to drop its demand for Apple to provide a so-called “back door” into the iPhone, as the company reportedly is expanding its production of the mobile phone in India.

‘Million Dollar Listing’ star Josh Flagg adds a $9.2 million Hamptons home to his growing real-estate portfolio

“Million Dollar Listing” star Josh Flagg has reportedly added an opulent $9.2 million Hamptons dwelling to his already-impressive property portfolio.

Chamath Palihapitiya warns ‘no crying in the casino’ as he launches another SPAC after a string of failures

Chamath Palihapitiya has carried out what some might consider to be a threat — launch a new special purpose acquisition company despite a checkered record in doing so.

Intel’s stock rallies after $2 billion investment by Japan’s SoftBank

Intel Corp. shares jumped in after-hours trading Monday after the chipmaker announced a $2 billion investment by Japan’s SoftBank Group Corp.

Palo Alto Networks’ stock rises as earnings point to future sales boom

The cybersecurity company’s recent “platformization” push has paid off, and investors are optimistic about future growth.

Why a ‘wall of money’ is unlikely to flood into stocks when the Fed cuts rates, this Goldman strategist says

Investors hope Fed Chair Jerome Powell will set the table for rate cuts in September during his Friday speech at Jackson Hole

Palantir’s stock is sliding. Here’s why this short-seller thinks even a $40 price tag is ‘generous.’

Andrew Left argues that investors have overhyped Palantir stock, and its valuation pales in comparison to a true AI leader like OpenAI.

Opendoor’s stock is rocketing again. What can make it keep going?

Opendoor shares are skyrocketing again as noted bull Eric Jackson said that the company needs to dive deeper into AI and rethink its business model.

Spike Lee swings from ‘Highest 2 Lowest’ with new film and cancellation of ESPN documentary

“Highest 2 Lowest” reunites Spike Lee with Denzel Washington, but the director’s Colin Kaepernick documentary has been canceled due to creative differences.

A retirement crisis can start with a $400 emergency. It doesn’t have to be that way.

We need to rethink how benefits work — not just for the long term, but for right now

Stocks often rise the week of the Fed’s big Jackson Hole gathering. Don’t count on it this year.

Later this week, economists, central bankers and members of the business press will gather in Jackson Hole, Wyo. for the Kansas City Fed’s annual Jackson Hole Economic Policy Symposium.
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