Why Bill Ackman Is All-In on Uber
Uber controls as much as 75% of the U.S. ridesharing market, while Lyft holds roughly 25%.
This dominance creates a powerful network effect, more riders attract more drivers, which in turn attracts even more riders. That feedback loop makes Uber’s position extremely difficult to challenge.
Ackman prefers companies with natural barriers to entry,
» Read more about: Why Bill Ackman Is All-In on Uber »
Read More
Will Buffett’s 23-Quarter Streak Start Again?
For more than half a decade, Warren Buffett’s Berkshire Hathaway accumulated the same stock quarter after quarter, 23 straight times, to be exact. Then, without warning, the buying stopped last year.
It wasn’t because Buffett lost faith in the company. In fact, his recent moves suggest he’s been biding his time, waiting for the numbers and the price to line up again.
» Read more about: Will Buffett’s 23-Quarter Streak Start Again? »
Read More
Will Apple Catch Up To The Mag 7?
Apple shares climbed late last week on Wall Street’s growing belief that the company may have defused one of its biggest political risks, the ongoing tariff standoff with the Trump administration.
The breakthrough comes after Apple announced an eye-popping $600 billion investment in the United States, a figure that instantly turned heads in Washington and on Wall Street.
» Read more about: Will Apple Catch Up To The Mag 7? »
Read More
This Move Might Reshape the Future of the Chip Industry
Lip-Bu Tan hasn’t been in the driver’s seat at Intel for long, but the new CEO is already making it clear that the era of open-ended spending is over. If Intel’s bleeding-edge chip manufacturing can’t justify its existence with real customer demand, it won’t get more money, period.
That kind of financial discipline might sound like corporate buzzkill,
» Read more about: This Move Might Reshape the Future of the Chip Industry »
Read More
Bill Ackman Keeps Buying This 1 Stock
When billionaire investor Bill Ackman adds to a position quarter after quarter, investors pay attention.In Q2, his fund Pershing Square bought another 156,000 shares of Brookfield Corporation (NYSE: BN), extending a buying streak that’s now five quarters long.
Brookfield isn’t your typical conglomerate. It’s a $70 billion global powerhouse with interests spanning renewable energy,
» Read more about: Bill Ackman Keeps Buying This 1 Stock »
Read MoreThe Burst
Will Costco Join The Mag 7?
When you think about the companies that have cracked the trillion-dollar market cap, your mind probably jumps straight to the Mag 7, including Microsoft, Nvidia, Apple, and Amazon. These firms dominate the digital infrastructure we all rely on.
But here’s something you won’t find on the list: a brick-and-mortar retailer. Not Walmart. Not Target.
» Read more about: Will Costco Join The Mag 7? »
Read MoreThe Spotlight
Could Peloton Stock Deliver a 3-Bagger Comeback?
Remember when Peloton (NASDAQ: PTON) was the crown jewel of lockdown-era stocks? In early 2021, shares soared above $160, but today, it’s trading below $7.
The plunge may be the death knell for most stocks but here’s what might surprise most investors, beneath the wreckage, there are signs of a quiet but serious transformation.
» Read more about: Could Peloton Stock Deliver a 3-Bagger Comeback? »
Read MoreThe Daily
Niger Imposes New Trade Taxes to Fund War Against Insurgents
Niger has rolled out new taxes on imported and exported goods as it seeks more funds to fight a growing fight with Islamist insurgents.
Everyday items such as refrigerators, plastic bags, cigarettes and sparkling water have been reclassified as luxury goods, and slapped up to 12% import tax, the customs agency said in a statement.
» Read more about: Niger Imposes New Trade Taxes to Fund War Against Insurgents »