In an attempt to court younger audiences, Disney’s ESPN is planning to add some user-generated content to its yet-to-be-named flagship streaming service, which will debut later this year. While the details are still unclear, ESPN will allow subscribers to post their own content at some point in the application’s evolution, according to…
Walmart is known for its low prices and no frills approach. So it may come as a surprise that wealthier shoppers are helping to fuel the retailer’s growth. For more than two years, the discounter has noticed more customers with six-figure incomes shopping on its website and in its stores. Households…
JetBlue Airways is talking with “multiple airlines” about a potential new partnership after federal judges struck down two previous deals, the carrier’s president said Wednesday. “If we find a deal that’s accretive, we’ll absolutely do it,” JetBlue’s president, Marty St. George, said at a Barclays industry conference. A federal judge in 2023 ruled the New York airline’s partnership in the Northeast with American Airlines was…
It was another mildly bullish week as our major indices climbed very close to new, fresh all-time highs. We also saw a return to growth stocks as we approached breakout levels, which is a good signal as far as rally sustainability goes. Despite this, there remain reasons to be cautious…
Republican lawmakers are backing President Donald Trump’s insistence that Ukraine hold elections, even if they don’t share his belief that President Volodymyr Zelenskyy is a ‘dictator.’ ‘I think you have to give them some space… There is a negotiation going on,’ said Sen. Majority Leader John Thune, R-S.D. Trump on…
I was taught that the most bullish thing the market can do is go up. And while the major equity averages are yet again at or near all-time highs, there are three macro technical signals that I’ve found to be very common at major market tops. And while the prevalence of…
Super Micro Computer, Inc. (SMCI) stock surged over 50% after reporting earnings last week. The top and bottom line results weren’t stellar. The guidance, however, was enough to fuel a buying frenzy, driving the stock’s rally to a 110% gain this month. But is it sustainable? Once SMCI pulls back,…
Three new national polls released on Wednesday indicate President Donald Trump’s approval ratings are edging down slightly since taking over the White House one month ago. Forty-five percent of voters questioned in a Quinnipiac University survey said they approve of the way Trump is handling his job as president, with…
President Donald Trump will sign an executive order Wednesday that will require federal agencies to evaluate all of their regulations that could violate the Constitution, in the latest effort from his administration to prioritize slashing red tape. The executive order — which senior administration officials are calling a first of…
: Senate Republican conference Chairman Tom Cotton, R-Ark., is set to meet with an embattled Trump nominee for a key position in the Department of Defense (DOD) after Cotton faced backlash from some MAGA-aligned figures over the weekend. Cotton will meet with President Donald Trump’s nominee for Under Secretary of…