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Anthropic quietly joins the race to build its own chips
TheStreet50d agoneutral
Anthropic quietly joins the race to build its own chips

Anthropic has opened early talks with Samsung Electronics to manufacture a custom AI chip, according to a report from Bloomberg. The Claude developer has never built its own silicon before. It has relied entirely on chips rented from Amazon, Google, and Nvidia, and that dependence is now colliding ...

Wells Fargo doubles down on stock market and AI
TheStreet50d agoneutral
Wells Fargo doubles down on stock market and AI

Wall Street spent most of 2025 convinced that Federal Reserve rate cuts were the unlock for the next leg of the stock market rally. That thesis did not play out the way most strategists expected. On June 30, Wells Fargo put a number on what the market has actually been running on instead. Wells ...

SPYM vs VTI: Which Trump Account ETF Actually Builds More Wealth by Age 18
24/7 Wall St.50d agoneutral
SPYM vs VTI: Which Trump Account ETF Actually Builds More Wealth by Age 18

The launch of federally seeded child investment accounts, informally dubbed “Trump Accounts,” has parents scrambling to pick a single ultra-low-cost equity ETF to hold for 18 years. Two names dominate the shortlist: the State Street SPDR Portfolio S&P 500 ETF (SPYM) and the Vanguard Total Stock Market ETF (NYSEARCA:VTI). They look nearly identical on paper. They ... SPYM vs VTI: Which Trump Account ETF Actually Builds More Wealth by Age 18

Morgan Stanley resets Southwest Airlines stock price target
TheStreet50d agoneutral
Morgan Stanley resets Southwest Airlines stock price target

Southwest Airlines has spent the past year and a half tearing up its own playbook. For a company that built its identity on being different from every other airline, that is a big deal. Now Wall Street is starting to agree the bet is paying off. Morgan Stanley just gave Southwest Airlines (LUV) a ...

BJ's (BJ): Buy, Sell, or Hold Post Q1 Earnings?
StockStory50d agoneutral
BJ's (BJ): Buy, Sell, or Hold Post Q1 Earnings?

Since January 2026, BJ's has been in a holding pattern, posting a small loss of 4.7% while floating around $88.75. The stock also fell short of the S&P 500’s 8.4% gain during that period.

BofA sees Ford chasing a market far bigger than EVs
TheStreet50d agoneutral
BofA sees Ford chasing a market far bigger than EVs

For years electric vehicles were the auto industry's most significant growth story. That story has become more complicated. Demand has been patchy. Losses have stung. Car producers have been compelled to re-evaluate how swiftly they should invest in battery factories, electric lorries and ...

Exxon (XOM) flashes key signals on New Jersey exit
TheStreet50d agoneutral
Exxon (XOM) flashes key signals on New Jersey exit

Exxon Mobil (XOM) officially moved its legal home from New Jersey to Texas this week. The move became official on July 1, as shareholders had already approved it. Exxon also won a major legal battle. On June 23, the U.S. Supreme Court ruled 6-3 in Exxon's favor. The ruling revives an old lawsuit ...

Amazon is finally taking the fight to Starlink
TheStreet50d agoneutral
Amazon is finally taking the fight to Starlink

Every monopoly looks permanent right up until it isn't. Standard Oil looked untouchable. AT&T (T) owned the telephone for most of a century. In markets, dominance is usually a lease rather than a deed, and the rent comes due the moment a competitor with deeper pockets decides the prize is worth ...

Top Bloomberg Reporter: Wall Street’s Biggest Winning Trade Is “Starting to Fade” After Jobs Report Shock
24/7 Wall St.50d agoneutral
Top Bloomberg Reporter: Wall Street’s Biggest Winning Trade Is “Starting to Fade” After Jobs Report Shock

The momentum trade that powered the US stock market through the first half of 2026 is showing cracks, and Bloomberg US Equities Reporter Natalia Kniazhevich says the unwind is already underway. On the July 3 Bloomberg Daybreak segment, Kniazhevich explained that “Momentum is the best-performing factor. It is up by 28% year to date. We ... Top Bloomberg Reporter: Wall Street’s Biggest Winning Trade Is “Starting to Fade” After Jobs Report Shock

Fiserv, service station operators including BP warn US stores on illegal vapes
Reuters51d agoneutral
Fiserv, service station operators including BP warn US stores on illegal vapes

Payments platform Fiserv and service station operators including BP have warned their U.S. partners and store owners not to deal ‌in illegal vapes or risk heavy fines as a consequence, notices seen by Reuters ‌show. Backed by attorneys general from states including California, Illinois and Arizona as well as authorities from the city of New York, the District of ‌Columbia and Puerto Rico, the ⁠crackdown has in recent weeks helped secure a ban on vapes by Shopify. "BP has learned that MasterCard has begun issuing... compliance violation ​notices to ​merchants throughout the industry for processing sales transactions ​for illegal electronic nicotine delivery system ‌products," BP wrote in an undated notice to its gas station operators.

Two Sector Income ETFs Outyielding the S&P 500 by More Than 2 Percent Heading Into a Possible Recession
24/7 Wall St.51d agoneutral
Two Sector Income ETFs Outyielding the S&P 500 by More Than 2 Percent Heading Into a Possible Recession

The U.S. economy has proven remarkably resilient over the past two decades. Sure, COVID briefly punished the economy, but the downturn was short-lived after the Federal Reserve slashed interest rates to near zero and launched another round of quantitative easing, purchasing large quantities of government and mortgage-backed debt to stabilize financial markets and support lending. ... Two Sector Income ETFs Outyielding the S&P 500 by More Than 2 Percent Heading Into a Possible Recession

7-Eleven sues Nike over alleged Air Max 95 design infringing brand colors
Proactive51d agoneutral
7-Eleven sues Nike over alleged Air Max 95 design infringing brand colors

7-Eleven has filed a trademark infringement lawsuit against Nike Inc (NYSE:NKE, XETRA:NKE), alleging that the design of an upcoming Air Max 95 sneaker improperly incorporates elements of the convenience store chain’s branding. The complaint, filed in federal court in Dallas, claims the shoe...

Walmart’s Defensive Appeal and 89% Analyst Support Point to 17% Upside
24/7 Wall St.51d agoneutral
Walmart’s Defensive Appeal and 89% Analyst Support Point to 17% Upside

Walmart (NYSE:WMT) has quietly built one of the most convincing defensive setups in the market. With consumer sentiment at recessionary levels and grocery spending still climbing, the world’s largest retailer is executing across omnichannel, advertising, and membership at the same time. Our proprietary model sees room for the stock to keep grinding higher over the ... Walmart’s Defensive Appeal and 89% Analyst Support Point to 17% Upside