The artificial intelligence buildout has already sent semiconductor demand sharply higher, and Wall Street is now looking deeper into the supply chain for the next group of companies that could benefit from the spending cycle. Morgan Stanley is making a notable shift inside semiconductor capital equipment, upgrading Lam Research to overweight from equal-weight and raising
Home Depot has been doubling down on efforts to boost consumer demand in its stores amid ongoing challenges in home improvement retail. In recent months, it has focused on using technology to reduce friction and simplify the customer experience as it navigates headwinds in parts of its business. However, Home Depot executives are pointing to
After months of market expectations of rate cuts this year, Federal Reserve Governor Christopher J. Waller signaled a major hawkish shift and warned that the U.S. central bank may need to raise interest rates due to the inflation risks from the Iran War. The central bank’s current “wait-and-see” approach to holding rates steady is appropriate
Most people think of Airbnb the same way they thought of Amazon in 1999 — a useful but narrowly defined platform. Amazon sold books. Airbnb rents homes. Both descriptions were accurate. Both turned out to be wildly incomplete. Brian Chesky wants you to rethink what Airbnb is becoming. The CEO sat down with CNBC recently
Unless your name is Tesla, the U.S. EV market has been a minefield for original equipment manufacturers. There were dangerous cracks even as customers set a record sales pace through the first three quarters of 2025. U.S. consumers flocked to dealerships to buy EVs last year, right up until September 30, when the $7,500 EV
Jamie Dimon does not mince words. He never has. The JPMorgan Chasechairman and chief executive officer has spent decades writing some of the most closely read annual letters on Wall Street. His 2025 shareholder letter is no different, but this year, he went further than most expected. Dimon didn’t just talk about the bank’s record
There’s a number that stops most investors cold when they hear it: 20%. That’s not a stock gain or a venture capital return. It’s the annual dividend yield that Warren Buffett effectively earns on his original Coca-Cola investment, and it’s the result of one of the most powerful forces in finance: time, compounding, and a
I have been watching the housing market do something unusual for the better part of two years — stand completely still. Mortgage rates stay elevated. Existing homeowners won’t sell. Buyers can’t afford to buy. And yet Home Depot (HD), the retailer most directly wired to housing activity, keeps the lights on and the cash flowing.
This isn’t what he signed up for. But incoming Fed Chair Kevin Warsh can thank the nearly three-month Iran War for fueling the hot mess rising from the surprisingly deep hawkish shift among U.S. central bankers. The result: Their newly released signals that rising inflation rates could cause an interest-rate hike this year, This jarring
Morgan Stanley is staying bullish on Spotify (SPOT), reiterating an overweight rating and a $590 price target, implying more than 30% upside from current levels. The firm’s note, titled “Investor Day Preview: Don’t Stop Believing,” argues that Spotify has earned significantly more credibility with investors than it had at its last major investor outlook event