For months, investors have worried that AI could eat into enterprise software names, especially the ones tied to developer workflows and collaboration tools. That fear helped punish a lot of software stocks. Atlassian (TEAM) was no exception. But the company just posted a quarter that made the doomsday trade look a lot less convincing. Shares…
Headquartered in Menlo Park, California, Meta Platforms (META) is the world’s leading social technology company, managing a family of apps that connects more than 3.5 billion monthly active users. Founded in 2004 as Facebook, the company has evolved into a diversified digital conglomerate encompassing Facebook, Instagram, WhatsApp, Messenger, and Threads. Under its Reality Labs and…
Michael Francis, a key player at Target Corp. during the discounter’s heyday in the 2000s, has been appointed chief customer officer at Old Navy and head of marketing shared services at Gap Inc. On Wednesday, the San Francisco-based retail giant said Francis will lead Old Navy’s “end-to-end customer strategy, with responsibility for strengthening brand storytelling,…
The national average price of gasoline in the United States has just topped $4.50 per gallon, the highest level since the middle of July 2022, according to data from GasBuddy, as the Iran war drains fuel inventories and sends crude prices higher. Prices are now just $0.50 off the all-time high hit in June 2022,…
Riverwater Partners, an investment management company, released its “Small Cap Strategy” Q1 2026 investor letter. A copy of the letter can be downloaded here. In Q1 2026, the Riverwater Small Cap Strategy outperformed the Russell 2000 Index. The quarter rewarded patience and discipline. The first quarter of 2026 saw a significant shift in market leadership…
Bitcoin (BTC-USD) opened at $80,900.77 on Wednesday, 1.3% higher than Tuesday’s opening price. Bitcoin moved even higher in early trading, surpassing the $82,000 mark. Ethereum (ETH-USD) opened at $2,360.65 on Wednesday, 0.6% higher than Tuesday’s opening price. Ethereum also rose this morning, just not as significantly as bitcoin, valued at $2,412.01 as of 7:03 a.m….
Gold (GC=F) June futures opened at $4,569.30 this morning, but the price of gold rose to $4,711.90 as of 6:17 a.m. ET. This is the first time all week gold has moved out of the $4,500 range. Silver July (SI=F) futures opened at $73.30 per ounce on Wednesday, yet rose to $77.80 as of 6:17…
Inflation — the increase in the cost of goods and services over time — impacts your purchasing power. As prices rise, your dollars don’t buy as much as they used to. According to the April inflation report from the Bureau of Labor Statistics (BLS), prices rose 3.8% over the previous year, largely driven by soaring…
Over the past year, gold’s performance has been nothing short of, well, dazzling. Between May 2025 and May 2026, gold’s price rose from $3,335 to $4,732 per troy ounce, a 41% increase. For investors keeping an eye on the precious metals market, this dramatic increase raises other questions. Namely, how high will gold go in…
Relief at the gas pump remains uncertain amid conflicting signals on Iran, and as elevated oil prices and tightening global supply threaten to push up fuel costs. Gas prices were down slightly in 40 states over the past week, as optimism over a potential U.S.-Iran agreement pushed oil prices lower. However, shipping in the Strait…
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