Markets are facing a mix of uncertainty across monetary policy, trade, energy, and consumer spending. The Federal Reserve is taking a less predictable approach under new chair Kevin Warsh, with less public guidance about future decisions. That leaves businesses and...
Oil companies posted major profit gains in the second quarter as conflict with Iran pushed crude prices higher. Exxon Mobil reported $14.5 billion in profit, twice its gains from the same period a year earlier, while revenue reached $116 billion. Chevron also saw a...
Markets are showing surprising resilience despite ongoing geopolitical tensions and renewed pressure on oil prices. Investors have largely adjusted to repeated disruptions, but that confidence could change quickly if crude prices rise and remain elevated. Recent...
Strategy, formerly known as MicroStrategy, made headlines last week with its largest Bitcoin sale since it began accumulating the cryptocurrency in 2020. The company offloaded $216 million worth of the digital asset, representing a significant departure from the...
Signs of progress in the Middle East have prompted some energy analysts to revise their oil supply recovery forecasts ahead of schedule. Rystad Energy, a prominent energy research firm, moved its projection for a full regional supply recovery forward by an entire...
In a notable outperformance, driven by weakness in chip stocks dragging down other large tech names, Amazon ended the last trading session before the Independence Day holiday up 0.4%, closing at $242.67. In comparison, the broader Nasdaq slipped nearly 1%. Over the...
Amazon’s Prime Day delivered strong results across the board this year, with total U.S. e-commerce spending during the four-day event reaching $26.4 billion, a 9.3% increase over the same event in 2025. But the story behind the numbers is as revealing as the...
Amazon’s Prime Day got off to a record-breaking start. U.S. online spending across all retailers climbed 5.3% on the first day to reach $8.3 billion, the largest single e-commerce day of 2026 so far, according to Adobe Analytics. The results came in ahead of...
The latest edition of Credit & Consequence brings together Cardiff’s William Stern and Dean Lyulkin to make sense of an economy that’s sending mixed signals. On the surface, retail sales data and corporate revenues look relatively healthy. But Stern...
For the past two years, conversations about artificial intelligence have focused almost entirely on computing power, specifically the specialized chips used to train AI models. Companies with the greatest access to chips were widely viewed as the ones best positioned...
