Chip stocks pulled the Nasdaq and the S&P 500 lower on Thursday as they continued to lead broader market moves despite generally upbeat U.S. economic data and a strong start to second-quarter earnings season. Among the 11 major sectors in the S&P 500, technology was one of the biggest percentage losers, with semiconductor stocks weighing…
The US Navy wants to build a new “AI-first” fleet, and it’s betting that better data, faster technology adoption, and more tech-savvy sailors will help make it happen. The service’s newly released strategy focuses on using AI and data in more ways and relies on ensuring sailors are proficient with the technology and can keep…
Acting Attorney General Todd Blanche appears at his confirmation hearing in front of the Senate Judiciary Committee on Capitol Hill July 15, 2026 in Washington, DC. Eric Lee | Getty Images Two Republicans on the Senate Judiciary Committee on Thursday said they remained undecided about voting to confirm Todd Blanche for U.S. attorney general, endangering…
Frustrated by slow sales and stubbornly high construction costs, U.S. home builders reported declining market outlooks in July as the housing market turned the corner into the second half of 2026. In their jointly produced Housing Market Index (HMI) published Thursday, the National Association of Home Builders (NAHB) and Wells Fargo said measures of current…
Over two days that August, the parties exchanged emails. Dematic’s president offered $10 million in cash, a transfer of consignment parts on site, and waivers on unpaid invoices and project fees. SSENSE’s chief operating officer accepted the terms on August 27, 2025 and asked for a formal agreement to be drafted. That same day, one of SSENSE’s lenders,…
If you were hoping to score a bargain mortgage rate, this is probably not your week. The average rate on a 30-year fixed-rate mortgage climbed eight basis points to 6.47% in the week ending July 16, according to rates provided to NerdWallet by Zillow. (A basis point is one one-hundredth of a percentage point.) We…
If you want to manage your time better, start by tracking how you spend your days for a week. This helps you spot patterns and identify where you lose time. Next, prioritize your tasks using a simple matrix to distinguish what’s urgent from what’s important. Implement time-blocking to focus on high-priority items, and don’t forget…
Former Intel CEO Pat Gelsinger says he has a hunch when the chipmaker’s downfall began. “I think one of the fundamental things is, and as you look at the great technology companies today, they’re deeply technical,” Gelsinger told “All-In Podcast” cohost Jason Calacanis during an interview taped at the Raise Summit in Paris. Gelsinger said…
Despite obstinate inflation and higher-for-longer interest rates, consumers continue to open their wallets and spend. But how they spend is another story. While physical stores struggle with rising operational costs, consumers are doubling down on digital channels. To capture this massive tailwind via retail ETFs, many investors default to buying market-cap-weighted indexes, which inevitably leaves…
Morgan Stanley Stock: I Smell Greed (Rating Downgrade)