Business
Apple’s Price Increase Tracks the Memory Shortage, Not the Foldable
The headline out of Apple Park on Wednesday was a folding phone. The number that matters is buried three rows down a storage table. Nearly every…
Section
Business
Business news, M&A, corporate strategy, and industry analysis
Business
Old Navy’s Incoming CEO Ran Its Marketing Through the Quarter Gap Just Blamed on Marketing
Gap Inc. shares had their best day in sixteen months last Thursday, jumping about…
Business
Brazil’s Weight-Loss Black Market Runs Exactly Along Eli Lilly’s Patent Line
CNN’s report on Brazilian customs officers pulling weight-loss injections out of boot soles, shampoo…
Business
KKR’s Record Antitrust Penalty Will Be Paid by Its Law Firms, Not by KKR
The Justice Department announced on Wednesday that KKR had agreed to pay $250 million…
Business
The FTC Made Redfin Get Back Into a Business Zillow Paid It $100 Million to Leave
Antitrust remedies usually come in two flavors. Regulators block a deal before it happens,…
Business
Dick’s Sporting Goods Just Had Its Worst Day Ever. The $2.4 Billion Foot Locker Bet Is Why
Dick’s Sporting Goods lost close to 30% of its market value on Tuesday, the…
AI
XPeng Raised $900 Million for Its Robot Unit at a $6.3 Billion Valuation Before Selling a Single IRON
XPeng’s robotics business has never shipped a product to a paying customer, and investors…
AI
Anthropic’s $2 Trillion IPO Target Came From Its Investors, Not From Anthropic
The number moving around Wall Street is $2 trillion, in October, on a listing…
Business
Morgan Stanley’s $1.3 Billion Dallas Tower Puts a Number on New York’s Tax Fight
The New York Post reported on Thursday that Morgan Stanley has settled on Dallas…
Business
Walmart Raised Guidance on a $2.9 Billion Refund It Has Not Received Yet
Walmart beat on revenue, beat on earnings, raised its full-year outlook, and watched its…
Business
Home Depot Beat on $47.9 Billion and Still Refused to Raise Guidance, One Day Before 50% Canadian Tariffs Land
Home Depot cleared the bar on Tuesday morning and then declined to move it.…
Analysis
Berkshire Put $17 Billion into Alphabet, and $10 Billion Never Touched the Market
Berkshire Hathaway added more than $17 billion of Alphabet in the second quarter, and…
Business
Nelson Peltz Wants Wendy’s Private After 18 Years, a Withdrawn Outlook and a Halved Dividend
The man who assembled the modern Wendy’s is now trying to buy it at…
Business
Blackstone Is Paying a 96% Premium for MarineMax Because It Is Not Buying a Boat Dealer
AI
Zuckerberg’s 6,500-Word AI Manifesto Is a Pricing Attack on OpenAI and Anthropic
Analysis
GameStop Told Its Own Noteholders They May Short the Stock That Prices Their Payout
Business
Washington Will Pay RWE $1.22 Billion Not to Build 7 Gigawatts of Offshore Wind
Advertising & Marketing
The Trade Desk Guides to a 12% Revenue Decline and Loses a Fifth of Its Value
AI
Shopify Jumped 25% on AI Orders It Spent Nothing to Build
Business
911.5 Million SpaceX Shares Unlock Today, and Musk Is Not the One Selling
Business