News
Mike Khouw: I was wrong about Zscaler. Here's how I'm managing the trade
41+ min ago (226+ words) Warren Buffett's maxim to "be greedy when others are fearful" is among the most quoted pieces of investment wisdom, but contrarianism is not a strategy in itself. In Zscaler's case, the post-earnings price action delivered a painful verdict. My thesis…...
The key metric investors are most focused on when Costco reports earnings
51+ min ago (15+ words) The retail stock's run this year and premium valuation leave little wiggle room for error....
Waymo opens Ojai robotaxis to select riders as company aims to lower cost of fleet expansion
1+ hour, 13+ min ago (540+ words) Waymo is starting to offer select customers rides in its new Ojai robotaxis, which are designed to work better in snowier conditions and are cheaper to manufacture than the company's older fleet of cars. Rides will be available to some…...
Airlines, hotels warn against Trump admin threat to international flights to 'sanctuary cities"
1+ hour, 17+ min ago (283+ words) Groups representing the largest U. S. airlines and hotel chains slammed the Trump administration's potential halt of customs and immigration processing at "sanctuary city" airports, warning such a move could have "devastating" consequences on the industry. The secretary's comments came just ahead…...
Unusual Machines and other drone stocks surge on report Pentagon considering stakes in the industry
1+ hour, 17+ min ago (264+ words) Drone stocks surged Thursday on a report the Trump administration is in talks to fund several companies including one in which Donald Trump Jr. is a shareholder. The Pentagon has held months of discussions with a group of drone companies…...
Gaming association says states have lost $1 billion in tax revenue due to prediction markets
2+ hour, 5+ min ago (413+ words) The American Gaming Association now estimates that states have missed out on more than $1 billion in tax revenue due to the rise of prediction markets." In an appearance on CNBC's "Squawk Box" detailing the estimate, association president and CEO Bill…...
New York passes Mamdani's pied-a-terre tax. Here's who pays and how much
2+ hour, 38+ min ago (494+ words) New York City's new tax on second homes will more than double property taxes owed by many wealthy luxury apartment owners, according to tax experts. State lawmakers on Wednesday passed the tax on non-primary residences in order to help close…...
More monthly auto loan payments are above $1, 000, and most are not for luxury models
4+ hour, 13+ min ago (387+ words) In a country where big trucks are a big deal, those pickups and SUVs represent a big percentage of auto loans that come with a sizable monthly payment, more than $1, 000 a month, according to new data. Experian Automotive's analysis of…...
Kohl's stock jumps as slumping retailer says sales trends are improving
4+ hour, 35+ min ago (254+ words) Kohl's stock jumped more than 8% in premarket trading Thursday after the retailer reported its best comparable sales performance in four years. The retailer said its net sales decreased 1. 7% and its comparable sales slid 1. 1% in its fiscal first quarter as it…...
More workers are raiding their 401(k)s as average balances fall, Fidelity says
5+ hour, 8+ min ago (686+ words) Financial pressures pushed more savers to tap their retirement accounts in the first part of 2026, new data shows " potentially locking in losses during the early weeks of the Iran war. Amid severe market volatility earlier this year, the average401(k)balance fell…...