After a first half of 2026 dominated by blockbuster AI, semiconductor, and space IPOs, the market is entering a new phase. Strategists say the back half is shaping up as a rebalancing: mid-cap and overlooked sectors are preparing to test…
When Ulta Beauty opens its first-ever flagship, a four-level megastore in New York’s Times Square late next year, the retailer aims to create a more fun and modern shopping experience, showcase its more upscale house brands, and place itself at…
Nike isn’t turning the corner just yet. The sports gear giant’s quarterly results this week showed a company still tripping over its own unforced errors, undercutting whatever progress it’s made toward a comeback. Nike shared some positive news in its…
New York City Mayor Zohran Mamdani confirmed this week that Taylor Swift paid New York City more than $160,000 for the security permit tied to her wedding weekend with Travis Kelce at Madison Square Garden, addressing questions from reporters about…
Shares of South Korean memory chipmaker SK Hynix rose 12.8% as they made their debut on Wall Street, at a time when demand for chips is surging thanks to the frenzy around artificial intelligence. The company is already one of the…
OpenAI latest AI model, GPT-5.6 Sol, likely has security vulnerabilities similar to one that led the Trump administration to impose export controls on Anthropic’s Fable 5 model, according to findings from U.K. government agency. OpenAI markets its latest model, GPT-5.6…
Apple sued OpenAI on Friday for allegedly stealing its trade secrets, an extraordinary move that pits the $4.6 trillion iPhone maker against the fast-growing AI startup as it prepares to release a new class of hardware products that have been…
Some billionaires have spent the past year warning that New York City’s political climate could scare away companies, capital, and high earners. But two fast-growing brands are moving in despite the noise. Anthropic is leasing an entire 16-story office building…
President Donald Trump promoted the “Freedom Fuel Network” offering gasoline prices well below the average market price a week ago, yet it is not clear where or how this new chain debuted. The gas stations, located in Pennsylvania and New…
With SpaceX trading around $2 trillion, Anthropic raising at a $965 billion post-money valuation, and OpenAI is expected to follow, we’re in for a hot IPO summer. Add in a steady stream of smaller offerings—from Jersey Mike’s to Bending Spoons—and…