Key takeaways Monthly car payments continue to hit record levels for both new and used cars. Auto loan interest rates have decreased and reached their lowest levels since 2023. The overall cost of car ownership remains elevated due to steep insurance and car maintenance prices in addition to the cost of a loan. Good credit…
1 Main Capital, a boutique investment firm, recently released its second-quarter 2026 investor letter. A copy of the letter can be downloaded here. 1 Main Capital Partners returned 15.0% in Q2 2026, compared to 15.2% and 21.6% for the S&P 500 (SPX) and Russell 2000 (RTY), respectively. SPX and RTY delivered their best performance since 2026…
SpaceX (SPCX) and AMD reported reported better-than-anticipated earnings after the bell on Wednesday, but failed to impress investors sending shares lower. SpaceX reported Q2 revenue of $7.8 billion versus $6.81 billion, per Bloomberg consensus, up sequentially from $4.7 billion in Q1. But the company said capital expenditures dedicated to AI increased to $15.8 billion in…
Tech stocks rose in early trading Monday, as Wall Street prepares on SpaceX’s (SPCX) first-ever quarterly earnings report after the bell on Tuesday. The space and AI company’s stock has fallen nearly 30% from its $150 debut price, and investors are looking for any catalysts that could help turn things around. AMD (AMD) will also…
Vehicle thefts are declining in the U.S., yet there’s still one vehicle stolen, on average, every 48 seconds, according to the National Insurance Crime Bureau. Depending on the car and the location, the odds can be even greater. Popular vehicles in big cities are most vulnerable. And driving one of the most stolen vehicles listed…
Silver (SI=F) September futures opened at $58.65 per ounce on Monday, August 3, 2026, up 1.5% from Friday’s closing price. Yet, the silver price moved lower this morning, reaching $58.03 as of 8:23 a.m. ET. After back-and-forth airstrikes over the last couple of weeks, the U.S. paused planned attacks on Iran for the second weekend…
What happened: Palantir (PLTR) stock surged nearly 16% in pre-market on Tuesday. What’s behind the move: The company reported fiscal second quarter results that beat analyst expectations and raised its full-year guidance. The company sees full-year revenue of $8.16 billion versus prior estimates for $7.65 billion to $7.66 billion. The company posted adjusted earnings of…
What happened: Palantir (PLTR) stock surged nearly 30% on Tuesday. What’s behind the move: The company reported fiscal second quarter results that beat analyst expectations and raised its full-year guidance. The company sees full-year revenue of $8.16 billion versus prior estimates for $7.65 billion to $7.66 billion. The company posted adjusted earnings of $0.41 per…
Gold (GC=F) December futures opened at $4,135.20 per troy ounce on Monday, August 3, 2026, up 0.7% from Friday’s closing price. As of 7:58 a.m. ET, the price of gold edged down to $4,111.50 Gold prices this morning opened higher than Friday’s closing price, but are edging lower in early trading as markets assess President…
Summary The 2Q reporting season is in full swing. Many companies have knocked it out of the park, delivering earnings and revenue numbers that were well over expectations. Meanwhile, we have been looking at the early trends and, as usual, there are companies increasing guidance. Raising
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