Markets & Investing
Coverage of financial markets, investment strategies, and the economic forces that move money. Connects macro trends to real decisions for investors and professionals.
Latest in Markets & Investing
The Senate votes on a new Fed chair this week — he hasn’t committed to a single rate cut, and borrowers shouldn’t expect one in 2026
A 30-year mortgage still costs roughly 6.9%. The average credit card charges north of 20% interest. And the man about to become the most powerful...
Oil dropped 6% this week to $101 a barrel on ceasefire hopes — but the Strait of Hormuz is still closed, 14 million barrels a day are still disrupted, and 23,000 sailors are still stranded
Somewhere in the Persian Gulf, aboard tankers and cargo ships that have barely moved in weeks, roughly 23,000 civilian sailors are waiting, according to Secretary...
The Buffett Indicator just hit 232% of GDP — the highest reading ever recorded — and Warren Buffett himself said anything above 200% means you’re “playing with fire”
Warren Buffett has been selling stocks for two straight years, and he is not being subtle about it. By the end of the first quarter...
SpaceX is expected to file its IPO prospectus next week — at $1.75 trillion, it would be the largest public offering in U.S. history by a factor of 10
SpaceX is preparing to go public at a valuation that dwarfs anything Wall Street has ever seen. The rocket and satellite company founded by Elon...
Nvidia pumped $40 billion into AI companies this year — $30 billion to OpenAI alone — and critics say it’s a circular deal where Nvidia funds its own customers to buy more Nvidia chips
Nvidia has committed roughly $40 billion to artificial intelligence companies in 2026, with an estimated $30 billion flowing to a single recipient: OpenAI. The chipmaker’s...
Consumer sentiment just crashed to the lowest level in 74 years of tracking — and gas hit $4.55 the same week the stock market hit an all-time high
The S&P 500 closed at a record high on Friday, May 8, 2026. That same week, the University of Michigan reported that American consumers feel...
The “Big Short” investor just bet $1.1 billion that AI stocks will crash — and he says Big Tech is hiding $176 billion in depreciation to inflate profits
Michael Burry does not make small bets. The Scion Asset Management founder, who turned a contrarian mortgage short into one of the most profitable trades...
Upwork cut a quarter of its workforce and said AI means it “moves faster with smaller teams” — the stock dropped 19% and its AI-related revenue rose 40%
Upwork told roughly 300 employees in early May 2026 that their jobs were gone, and the company did not soften the reason: artificial intelligence had...
Warsh told senators he won’t be the president’s “sock puppet” — his confirmation vote next week will be the first fully partisan one for a Fed chair in modern history
Kevin Warsh looked across the dais at the Senate Banking Committee on April 14 and made a promise: he would not serve as a “sock...
Bitcoin slid below $80,000 after Iran rejected the U.S. deal — and the strong jobs report gave the Fed another reason to keep rates high
Bitcoin slid below $80,000 after Iran rejected the U.S. deal and the strong jobs report gave the Fed another reason to keep rates high. The...
Over 92,000 tech workers have been laid off in 2026 — and almost half the cuts explicitly cited AI as the reason
Jack Dorsey did not soften the message. In his spring 2026 shareholder letter, the Block CEO wrote that “intelligence tools have changed what it means...
The S&P 500 crossed 7,400 for the first time and posted six straight winning weeks — traders on Kalshi give 59% odds it hits 8,000 this year
The S&P 500 touched 7,400 during trading on Friday, May 8, 2026, a level the index had never reached before. It pulled back slightly into...
Kevin Warsh is expected to be confirmed as Fed chair next week in the most partisan vote for the position in modern history — Powell’s term expires May 15
Kevin Warsh cleared the Senate Banking Committee on April 29 without a single Democratic vote, advancing toward the Fed chair on a 13-to-11 party-line split...
The April jobs report crushed estimates — 115,000 jobs vs. 65,000 expected — but white-collar sectors keep shedding workers, and AI may be the reason why
Hospitals kept hiring. Warehouses kept hiring. Retail floors kept hiring. And for the 115,000 Americans who landed nonfarm payroll jobs in April 2026, the labor...
PayPal is cutting 4,760 jobs — 20% of its workforce — because its new CEO says the company “lost ground to rivals” and needs to become a “technology company again”
PayPal is eliminating roughly 4,760 jobs, about 20% of its workforce, in the deepest round of cuts the payments company has ever undertaken. CEO Alex...
The S&P 500 just hit a record 7,399 — while consumer confidence crashed to its lowest point in 74 years of tracking
The S&P 500 closed at a record 7,398.93 on May 8, 2026, pushed higher by a strong April jobs report and broad buying across technology,...
Cloudflare cut 1,100 workers — 20% of its workforce — while posting record revenue, because AI usage inside the company surged 600% in three months
On May 7, 2026, Cloudflare told roughly 1,100 employees their jobs were being eliminated. The same day, the company filed first-quarter earnings with the SEC...
Consumer sentiment just crashed to the lowest level in recorded history — and gas hit $4.55 the same week the president said prices “came down very substantially”
Americans have not felt this grim about the economy since the University of Michigan began asking them in the 1950s. The university’s consumer sentiment index,...
Uber’s stock surged 8% after trips grew 20% to 3.6 billion and gross bookings hit $53.7 billion — then the CEO called robotaxis a “$1 trillion opportunity”
Uber Technologies delivered first-quarter 2026 results on May 6 that beat Wall Street expectations across nearly every metric, and then CEO Dara Khosrowshahi went further:...
Bitcoin held above $81,000 — spot ETFs pulled in $1.63 billion since May 1, and Tom Lee says the crypto winter is over if BTC closes May above $76,000
Bitcoin was trading above $81,000 in mid-May 2026, holding a level it had not touched in more than three months. The rally did not hinge...