Spurred first by the Russia-Ukraine war and now by the conflict in the Middle East, the U.S. is pushing hard to expand its drone capabilities across a range of applications, including reconnaissance, strike, and air defense missions. A particular objective is developing low-cost interceptor drones that can neutralize incoming drones without relying on far more
Wall Street has spent decades drawing bright lines around what counts as a bet versus an investment. Compliance manuals grew thick because the cost of getting that line wrong is jail time and seven-figure fines. Most of those manuals never imagined a 22-year-old in a Brooklyn coffee shop risking $10 on whether the Federal Reserve
Between the price of jet fuel and the ongoing security situation set off by the war in Iran, international airlines keep pushing back the restart of their flights into Dubai, Doha, and other cities across the Middle East. Airlines such as Lufthansa and KLM both confirmed that they will not restart their Middle Eastern service
Every earnings season, investors zero in on two familiar numbers: earnings per share and revenue, often ignoring everything else on the report. Those headline figures grab attention on financial networks and across social media, but they can paint an incomplete and sometimes misleading picture of a company. A new report from Charles Schwab, published on
Under its new CEO, Target has been making major changes to its stores in recent months to reconnect with customers after years of declining sales. As the company’s new strategy rolls out, it is seeing an unexpected shift in customer behavior as it works to regain its footing in retail. In February, Michael Fiddelke became
Snowflake has had a rough stretch. The stock is down 21.92% year-to-date and has lost nearly 6% over the past year, according to Yahoo Finance. That’s a stark contrast to a broader market that has pushed higher and an AI software sector that has minted new winners almost weekly. But Bank of America is not
The S&P 500 is up roughly 10% in 2026. Global earnings are being revised higher. Corporate capital spending is at levels not seen in decades. Goldman Sachs published a global strategy note on May 19 that agrees with all of that. And then it explains why the rally may be more fragile than it looks.
Markets have climbed to new highs in 2026, yet persistent economic uncertainty has trailed every rally since the year began. Tariff questions, the ongoing Middle East conflict, and sticky inflation have kept investors on edge about what comes next. In a midyear outlook, Fidelity Investments identified five distinct ideas spanning growth, diversification, income, inflation protection,
Americans are wildly overpaying for property insurance, a new study from Vanderbilt University claims. It turns out insurers have been charging more and delivering less on property and casualty insurance policies over the last few years. Meanwhile, they’re spending nearly $400 billion per year on corporate perks, excessive executive compensation, stock buybacks, private jets, and
Multiple travel agencies around the world have had to shut down abruptly since the start of 2026. A few recent names include Tango Travel in Iceland, British firms Vegas Vacations and Great Little Escapes and Unitravel Kft and Travel Teachers in Hungary. While lack of funds due to the low consumer sentiment and the spiking cost