Money, Wealth & Power—A Daily Look at the Financial World
Investors are staring at a rare pairing of big numbers and bigger promises: a global robotaxi market projected to reach $105 billion by 2035 and forecasts that Tesla could be worth as much as $3 trillion as soon as 2026. The stakes are obvious, but the path from today’s experimental fleets to that kind of…
Amazon is preparing to cut another wave of corporate jobs, putting thousands of white-collar workers on notice as the company reshapes itself for a slower growth era. The latest restructuring targets roughly the same scale as the mass layoffs that hit its offices last year, signaling that the reset inside one of the world’s largest…
When KPMG cut the ribbon on its $450 million Lakehouse complex in Orlando, the firm expected a bustling corporate campus, not a pandemic-era ghost hotel. The $450 m project, the largest capital bet in the firm’s 120-year history, was quickly branded a Covid boondoggle as travel froze and classrooms sat empty. Today, that same site…
A brutal Arctic blast has collided with the most power-hungry corner of the U.S. economy, sending electricity prices spiking across the Mid-Atlantic just as households crank up their heat. In America’s data center alley, where server farms already dominate local demand, the latest winter storm has turned a long‑running tension between digital growth and grid…
After years of sticker shock, the new car market finally stopped sprinting ahead in 2024. Prices barely moved compared with the pandemic spike, even as dealers dangled more discounts and used vehicles quietly got cheaper. Now President Donald Trump is racing to claim that plateau as proof his policies are working. The reality is more…
Investors hunting for upside surprises this earnings season are zeroing in on a small group of high‑beta names where expectations still look beatable. Bloom Energy and Lumentum sit at the center of that conversation, with a mix of improving fundamentals, skeptical sentiment, and technical momentum that often precedes outperformance. I see a similar setup in…
Apple’s stumble out of the gate in 2026 has not shaken Wall Street’s most vocal bulls. Instead, Goldman Sachs is leaning in, arguing that the recent weakness in the stock is a chance to build positions rather than bail out. I see that call resting on a mix of surprisingly strong recent earnings, a packed…
Europe’s aluminum sector is buckling under the weight of high energy prices, shrinking smelting capacity, and rising geopolitical risk, and the shock is rippling through carmakers, construction groups, packaging giants, and clean‑tech manufacturers. What began as a power‑price squeeze has become a structural threat to industrial autonomy, just as demand for lightweight metals accelerates with…
Donald Trump returned to the White House promising to “end inflation” on Day 1 of his second presidency, casting himself as the candidate who would make groceries, gas and rent feel affordable again. A year later, the headline numbers show price growth has cooled sharply from the pandemic peak, but the cost of living has…
The global economic system that took shape after World War II is being rapidly rewritten as President Donald Trump leans into an aggressive America First agenda. Longstanding assumptions about open markets, shared security and predictable U.S. leadership are giving way to a more transactional order in which tariffs, threats and sudden policy shifts are tools…