Walmart associates celebrate during the opening bell ceremony at the Nasdaq Market to celebrate the company’s listing transfer, in New York City, U.S., December 9, 2025. Brendan McDermid | Reuters Walmart crossed the $1 trillion market cap threshold on Tuesday after a dizzying stock climb fueled by the growth of digital businesses and the acquisition…
The S & P 500 closed lower on Friday but slightly higher for the week. It briefly topped 7,000 for the first time ever Wednesday. There was no storage of news: Ten portfolio names, including three of our megacaps, reported earnings throughout the week; the Federal Reserve held interest rates steady on Wednesday; software stocks…
The gap between the best and worse off Americans is growing — and economists don’t see an end in sight. The “K-shaped” economy has been top of mind for consumers, corporate leaders, policymakers and investors since the Covid pandemic drastically reshaped Americans’ financial habits almost six years ago. Economists now warn that this two-speed economic…
Low angle view of tall buildings in Tokyo, Japan, showcasing diverse architectural styles George Pachantouris | Moment | Getty Images Asia-Pacific markets opened mostly higher after U.S. President Donald Trump and Senate Democrats reached a provisional agreement to avoid a U.S. government shutdown. Trump endorsed a Senate deal to fund the vast majority of the federal government…
Microsoft CEO Satya Nadella gestures as he speaks during the World Economic Forum meeting in Davos, Switzerland, on Jan. 20, 2026. Fabrice Coffrini | Afp | Getty Images Microsoft shares slid about 10% on Thursday following an earnings report that disappointed some investors, prompting the stock’s sharpest daily decline since March 2020. The move trimmed…
A Carvana used-car vending machine displays vehicles in Miami, Dec. 9, 2022. Joe Raedle | Getty Images Shares of Carvana plummeted 14.2% Wednesday following short-seller accusations that the online used retailer overstated earnings with the help of businesses controlled by CEO Ernie Garcia III’s family. Gotham City Research alleged Wednesday that the online used car…
Melbourne, Australia Kieran Stone | Moment | Getty Images Asia-Pacific markets were mixed Wednesday, breaking ranks with Wall Street after the S&P 500 closed at a record high. The broad market index gained 0.41% to finish at 6,978.60, supported by gains in Apple and Microsoft. Asian markets mostly extended Tuesday’s gains, with Australia’s S&P/ASX 200 reversed gains and…
I like the setup this week, especially for Big Tech, barring another intrusion by our intrusive president. Apologies to people who wish I would call his fits of pique more offensive. These injudicious, blunt-force tariffs do get undone almost as quickly as they are slapped on, thank heavens. How is it possible, ahead of a…
While the Northeast and other parts of the country are digging out from a big winter storm, the temperature in the markets is set to heat up on Wall Street this week. Make no mistake, the earnings storm is coming our way, with about one-fifth of the S & P 500 set to report their…
It was a tumultuous week for investors. President Donald Trump ‘s threat to increase tariffs on eight European countries for opposing his bid to take over Greenland sent the stock market into a tailspin on Tuesday, with the S & P 500 and Nasdaq posting their worst days since October. Both averages rebounded the next…
