Palantir’s stock stages best week since 2024 — showing it’s no longer an ‘AI loser’

Diageo-Moet Hennessy Alliance: Returns Shrink and Tensions Rise for New CEO By Emma Rumney Challenges and Complexities in the Diageo-Moet Hennessy Partnership LONDON, Aug 3 (Reuters) – Diageo’s decades-old partnership with Moet Hennessy has delivered shrinking returns and at times caused friction, adding to challenges facing new CEO Dave Lewis as he works to revive…

Homebuilders and housing suppliers saw significant jumps in their share prices following Tuesday’s midterm elections. At the closing bell on Wednesday, shares of major builders Lennar and PulteGroup were up more than 7% on the day, and D.R. Horton rose more than 8%. Suppliers showed similar increases. Home Depot finished the day up 6.5%, after…

The annual tax drag on a portfolio invested in the S&P 500 index is just over 1%. But that small number masks a compounding problem. Processing Content An analysis of returns on that same fund from 1976 to 2025 showed an overall tax loss of 45.4%, according to Gregg S. Fisher, founder and portfolio manager…

Lululemon announced Wednesday that Athleta CEO Maggie Gauger is joining the company as president and chief product officer, effective later this month. The move marks the latest shake-up among the top executives in the increasingly competitive athleisure space: Gauger joined Athleta from Nike only last year. Lululemon said Gauger’s job is a newly created role….

By Rita Nazareth (Bloomberg) — An in-line inflation reading spurred gains in both stocks and bonds, easing concern about imminent Federal Reserve interest-rate increases despite elevated oil prices. The data brought relief to Wall Street traders worried about ongoing geopolitical risks, with the S&P 500 poised to extend this month’s advance. A rally in technology…