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Finance

Investors Hope the Santa Rally Is Hitching Up Its Reindeer

Photo via Jimin Kim / SOPA Images/Sipa USA/Newscom

The S&P 500 has posted an average gain of 1.3% during this seven-day December-to-January period since 1950

2 min read

Photo via Olivia Sun/ZUMAPRESS/Newscom

Electric Vehicles

Wall Street Gets Charged Up on Rivian Despite Short-Circuiting EV Market

The increased price targets came just a week after Rivian announced it had developed its own artificial intelligence chip.

2 min read
Photo via Michael Kuenne/ZUMAPRESS/Newscom

Consumer

Cannabusiness Prospects Light Up as White House Reclassifies Marijuana

President Trump’s executive order changing the classification of marijuana could lower taxes for some businesses and prompt new research.

2 min read
Photo via Richard B. Levine/Newscom

Consumer

Elliott Takes $1 Billion Stake in Lululemon, Swaying CEO Search

Activist fund Elliott Management has built up a $1 billion stake in once-swaggering Lululemon and is working to influence its CEO search.

2 min read
Photo via imageBROKER/Josef Kube�/Newscom

Indicators

Upbeat FedEx Forecast Makes Holiday Sales Prospects Jollier

Revenue and profit growth at shipping giant FedEx bode well for the company’s overhaul efforts and the critical holiday sales season.

2 min read
Photo by Mike Mozart via CC BY 2.0

Advisor Upside

Schwab Scraps its Premium Robo Advisor Platform

Low profit margins and scalability likely contributed to Schwab’s decision to close its premium robo tier.

2 min read
Photo via Alexey Stiop/Newscom

Energy

Heating Prices Surge as Utility Bills Grow Faster Than Paychecks

NEADA found the average monthly electric bill has surged 29% since 2021, and natural gas has jumped 50% over the past year.

1 min read

Advisor Upside

Are Model Portfolios Key to Alt Adoption?

Photo by Wirestock via iStock

Many advisors are unfamiliar with alternatives, like private assets, but model portfolios could be the perfect entryway.

1 min read

Patent Drop

Glimpse into the future of technology.

Photo via U.S. Patent and Trademark Office

Google Patent Highlights AI and Quantum’s Symbiotic Relationship
Photo via U.S. Patent and Trademark Office

The Time and Place for AI Code Generators
Photo via U.S. Patent and Trademark Office

Into the Future: The Patent Drop Highlight Reel
Photo via U.S. Patent and Trademark Office

Amazon Tries to Help Alexa Get Personal

Consumer

Blue Bottle Fever? China’s Luckin Coffee Weighs Offer for California Chain

Photo by Changyoung Koh via Unsplash

In the fall quarter, Luckin Coffee raked in $2.1 billion in revenue, up 50% from the same period a year before.

2 min read

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