Rivian reduces 2026 spending plans, narrows earnings guidance
Rivian reduced its 2026 spending plans and slightly narrowed its previously forecast losses this year as the company reported second-quarter results.
Implosion of Situational Awareness hedge fund has Wall Street betting the bottom is in for the AI trade
One of the wildest months in recent memory for the U.S. stock market is ending on yet another remarkable note: A highflying hedge fund run by an AI wunderkind in his mid-20s has apparently just been carried out on a stretcher.
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Rising Medicare Part D premiums could drive more people into Medicare Advantage plans
Medicare Advantage plans could be the winners of a decision by the Trump administration to put an early end to a program that kept the cost of Medicare prescription drug plans lower.
Wealth managers face a new challenger: Their clients’ AI chatbots
Large language models may give financial advisors a run for their money, but wealth management leaders say the human touch can’t be replaced.
Yum Brands reports mixed results but gives no update on Taco Bell cyclospora outbreak
The restaurant company provided no update on the cyclospora outbreak tied to Taco Bell restaurants is affecting its business.
My girlfriend is 62. Can she claim her late husband’s full Social Security benefit — or does she have to wait?
“Her husband passed away 10 years ago. They had been married for more than 20 years.”
Hims and Hers shares fall 10% as FTC sues company over data, billing practices
The FTC sued Hims and Hers over alleged health data sharing with Meta and Snap, billing practices and subscription cancellations.
Ford’s big-truck bet is paying off — and Wall Street is taking notice
A turnaround story could be in the works at Ford, which gets less love than GM on Wall Street.
Carvana stock falls as auto retailer’s 2026 earnings guidance misses Wall Street’s expectations
Carvana said Wednesday it expects earnings of between $2.7 billion and $3 billion this year after reporting record quarterly results for the second quarter.
