Toyota Motor (TM) and Hyundai are pulling ahead of rivals by betting heavily on hybrid technology as American car buyers cool on fully electric vehicles. Second-quarter U.S. vehicle sales are splitting the auto industry into clear winners and losers, with hybrid-equipped automakers outperforming those without them. Toyota reported a 1.1% increase in its second-quarter sales,…

June’s headline unemployment number offered a brief moment of relief, but economists say the underlying data tells a far more troubling story about the American labor market. The unemployment rate dipped to 4.2%, its lowest level in a year, according to Bureau of Labor Statistics data released Thursday, but the decline was driven largely by…

Palantir Technologies (NASDAQ: PLTR) received a significant vote of confidence as DA Davidson raised its rating on the stock from Neutral to Buy. DA Davidson set a price target of $175, signaling strong conviction that Palantir is positioned to outperform its software peers in the AI era. The analyst argued that Palantir holds several competitive…

The U.S. labor market weakened sharply in June, with job creation falling well short of expectations and raising fresh concerns about economic momentum heading into the second half of 2026. Nonfarm payrolls increased by a seasonally adjusted 57,000 in June, significantly slower than the downwardly revised 129,000 jobs added in May and well below the…

Gavin Baker, founder and Chief Investment Officer of Atreides Management, has built a reputation for positioning ahead of the broader market on artificial intelligence trades. Baker’s core investment thesis centers on AI as a long-term supercycle, not a speculative bubble, driven by electricity, semiconductor wafers, and compute infrastructure. He argues that real alpha in the…

Tamera Mowry-Housley has placed her longtime Bay Area residence on the market for $2.69 million as she and her husband pursue their Napa Valley ambitions. The actress, best known for starring alongside her twin sister Tia Mowry in the hit Nickelodeon series “Sister, Sister,” is 47 years old and ready for a new chapter. Her…

Shares of Micron Technology and Sandisk fell sharply Wednesday as investors rotated out of the broader semiconductor sector amid growing concerns over valuations. Micron dropped 8%, Sandisk slumped 10%, and Western Digital fell 7% as memory stocks pulled back alongside the Nasdaq composite index. The selloff was fueled in part by concerns over additional manufacturing…

Europe is pushing to narrow its record trade deficit with China by October, but a historic heat wave is driving unprecedented demand for Chinese-made air conditioners. The European Union and China released a rare joint statement on Monday, aimed at rebalancing trade between the two economies and improving market access for both sides. European trade…

General Mills (GIS) is pushing aggressively into high-protein foods and premium pet products as it faces one of the toughest consumer spending environments in recent memory. The company has described the current backdrop as “characterized by historically low consumer sentiment, heightened uncertainty and significant volatility,” driven by cumulative inflation and reduced government food assistance. Middle-…

Business founders aged 50 and above are nearly twice as likely to succeed as those who launch companies in their 30s, challenging long-held assumptions about entrepreneurship. More older workers are turning to self-employment as a direct response to age discrimination, using decades of experience and industry knowledge to build competitive businesses. The trend has been…