Tesla’s stock falls as launch of Semi truck fails to excite investors

The State Street Consumer Staples Select Sector SPDR ETF (XLP) has climbed 6.6% so far in 2026, according to State Street data as of September 21. The State Street Consumer Discretionary Select Sector SPDR ETF (XLY) has fallen more than 7% over the same stretch, a 13.61 percentage-point gap that ranks among the widest splits…

Key insight: Banks can price in risk and manage their way around both left-wing and right-wing administrations. But the kind of uncertainty that arises from today’s brand of politics is impossible to model. What’s at stake: The degree of uncertainty about the direction of future government policies today is far worse than what can be…

In April 2025, an environmental remediation estimate obtained by RBC changed the bank’s calculus. Cleanup costs and the risk of being tied to a contaminated sale made the bank reconsider, and it had its receiver discharged on May 11, 2026. RBC didn’t walk away empty-handed. On June 5, 2026, it assigned its security to The…

First Eagle first entered the muni market in January 2024 when the firm hired prominent portfolio manager John Miller.First Eagle Investments Victory Capital Holdings, Inc. announced Wednesday it is acquiring First Eagle Investments in a $7 billion transaction that will create one of the largest publicly traded traditional asset managers in the U.S. with $571…

Palantir Technologies (PLTR +3.44%) took in $1.94 billion of revenue in the second quarter and kept $1.06 billion of it as net income. Out of every dollar the artificial intelligence (AI) software specialist collected, 55 cents dropped to the bottom line. For context, a year earlier the margin was 33%, and it ran at 36%…