Used-car retailer cuts locations as average new-car payments hit $777 and subprime loan rates exceed 19%. America's Car-Mart will close 40% of its dealerships after reporting fourth-quarter results on July 14, 2026. The move follows record-high new-car payments, with the a
Rivian raises full-year delivery forecast to 67,500 vehicles after exceeding Q2 production targets despite a $27 billion accumulated deficit. Rivian Automotive (RIVN) reported stronger-than-expected Q2 production, delivering 12,194 vehicles and producing 12,613, surpassing
Pentair cut Q2 sales and full-year guidance sharply after distributor destocking crushed revenue, sending shares to a 52-week low. Pentair pre-announced a steep second-quarter miss, forecasting sales of $930 million, down 17% from its prior guidance of 1% growth. Adjusted
TCAF draws $5.5 billion in inflows since June 2023 TCAF has attracted $5.5 billion in inflows since June 2023 by pairing a 0.31% fee with concentrated, GARP-style stock picking across roughly 100 names. The fund's approach differs from most active large-cap funds, w
The Direxion Daily Semiconductor Bear 3X Shares ETF rose sharply after a brokerage cut SK Hynix’s Q2 earnings forecast over fixed-price HBM contracts. The Direxion Daily Semiconductor Bear 3X Shares ETF (SOXS) climbed 8.95% to close at $4.45 Monday, reversing a year-to-dat
Quick Read - Apple hit an all-time high of $333 and carries a BUY rating with a $364 price target implying 9% upside over 12 months. - China's approval of Apple Intelligence with Alibaba and Baidu drove a 4% single-session gain and removed the biggest overhang on Greater China...
The deal positions Rocket Lab to compete directly with SpaceX's Starlink in satellite internet services and military contracts. Rocket Lab announced an $8 billion acquisition of Iridium Communications, aiming to vertically integrate satellite launch, manufacturing, and int
GOOGL reports Q1 EPS of $5.11, nearly doubling estimates, while cloud backlog reaches $460 billion amid strong growth. Alphabet’s cloud backlog nearly doubled to $460 billion, while Q1 earnings per share hit $5.11, crushing the $2.63 estimate. The results challenge concern
UBS forecasts DRAM supply and demand will not balance until mid-2028 as AI-driven HBM consumption tightens wafer capacity. High-bandwidth memory (HBM) demand for AI infrastructure is consuming 30% of total DRAM wafer capacity by 2027, leaving supply at just 60% of projecte
Berkshire Hathaway's Warren Buffett confirmed his direct role in the firm's $10 billion Alphabet stake, citing long-term AI growth potential. Warren Buffett disclosed he personally initiated Berkshire Hathaway's $10 billion investment in Alphabet, marking a rare tech secto
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