The Daily News Now! Business

DirecTV customers in 36 cities finally get their local Scripps stations back after a five-week blackout sparked by a bitter negotiation over carriage fees — now resolved with a new deal effective July 10, restoring local news, weather, and sports to millions of viewers. Listen in comfort: Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN: advertise@thednn.ai Thi...

This year’s homebuying market is sluggish, with high mortgage rates and stubborn prices keeping buyers on the sidelines—sales are up just under one percent, barely better than last year’s dismal numbers. Rates dipped briefly in February but surged again as global events rattled oil prices and inflation, pushing them back up to around 6.5%. While that’s down from last year’s average, it’s still too...

Greg Abel’s big moment arrives as Berkshire Hathaway’s massive Alphabet bet—now worth over $30 billion—faces its first major test with Q2 earnings on July 22. Abel, stepping into Warren Buffett’s legendary shoes, is betting big on AI-driven growth, and early results are promising: Google Search revenue surged 19% and Cloud revenue jumped 63%, fueled by AI tools and hardware. With AI Overviews and...

The AI boom is heating up with massive bets from giants like Nvidia, Amazon, and SpaceX, but the frenzy is raising red flags. Companies are drowning in debt, offloading excess capacity, and locking in future revenue through risky deals — all while investors brace for a potential crash. With hype turning to euphoria and debt stacking up, the question isn’t if this bubble will pop — it’s when, and w...

Enterprise Products Partners has delivered uninterrupted dividend growth for 28 years by owning pipelines and storage infrastructure, charging fees to move energy commodities—making it a steady income machine even through economic chaos. Their conservative debt, strong cash flow, and top credit rating ensure payouts stay reliable, while their recent 3% quarterly bump offers a juicy yield above the...

Nvidia’s bold move into biotech signals a major shift — investing in Generate Biomedicines to harness AI for faster, smarter drug discovery. With CEO Jensen Huang betting big on AI’s life-saving potential, this isn’t just a side venture; it’s a strategic play to prove Nvidia’s chips can revolutionize healthcare, from asthma treatments to robotic surgery. Backed by partnerships like the $1B Eli Lil...

TSMC, the chip-making titan powering nearly every major tech player, is poised to ignite the market with its Q2 earnings report on July 16—expected to spark a major stock surge the next day. Despite a recent AI market dip, demand for chips—especially AI-driven ones—remains sky-high, with companies pledging massive infrastructure investments. Investors are watching closely for reassurance: will TSM...

SpaceX just went public—here’s what that means for you: with just $2K, you’re betting on Elon Musk’s rocket company, which analysts say could soar to $210/share next year. But here’s the catch: its value hinges on future bets—Starlink, Starship, and AI satellites—none of which are guaranteed. While banks love it, top analysts didn’t even rank it among their top 10 long-term picks. So, invest wisel...

Retirement isn’t just about slowing down—it’s about navigating a financial maze you’ve spent decades building. Many folks, now ready to cash in on decades of saving, are realizing they need expert guidance to turn their 401(k)s, IRAs, and brokerage accounts into steady income. They’re asking: How do I avoid tax traps? When should I claim Social Security? Is my estate plan solid? The shift from wor...

Bitcoin just crashed below $60K — its lowest since October 2024 — but history says this might be the bottom. With a proven 4-year cycle of 3 years up, 1 year down, this dip fits the pattern seen before 2022 and 2018. Even after brutal winters, Bitcoin rebounded sharply — hitting record highs in 2023 and 2024. Now, top analysts are aligning, predicting a strong rally ahead, with bold price targets...

Electricity demand is skyrocketing thanks to AI, and nuclear power is staging a major comeback. Constellation Energy offers direct access with its clean energy portfolio and AI partnerships, while NuScale Power bets big on modular reactors—high risk, high reward. For safer exposure, Brookfield Renewable Partners provides diversified clean energy with a steady dividend. Whether you’re playing it sa...

Cathie Wood’s Ark Invest is betting big on crypto’s future, quietly amassing Coinbase and Circle shares as the Clarity Act looms — a sweeping U.S. regulatory bill that could redefine digital assets by distinguishing “mature blockchains” and splitting oversight between SEC and CFTC, potentially freeing crypto from securities classification. While the bill’s Senate passage is uncertain, its momentum...

The VanEck Semiconductor ETF SMH soared over 82% in 2026, proving that diversification beats chasing single stocks—thanks to a 10% cap on any one holding, even Nvidia couldn’t dominate. Equipment makers outpaced chip designers as AI demand exploded, shifting focus from GPUs to CPUs, and the ETF’s balanced mix captured that trend perfectly. Listen in comfort: Get a discount on a Soli Pillow: http:/...

SpaceX’s IPO has sparked wild speculation—could a $5,000 investment balloon to $26,000 by 2030? Optimists point to Starlink’s explosive growth and the promise of Starship, projecting $60–70 billion in revenue. But a more realistic view suggests a modest double, hitting $10,000. The truth? SpaceX’s future hinges entirely on Starlink’s success—and that’s far from guaranteed. With massive upside and...

Carvana’s bold leap into new car sales is already shaking up the auto industry—blending its digital-first success with physical dealerships to slash hassle and overhead, while reimagining the buying experience with online customization and streamlined service. Early results from their Arizona flagship show explosive sales growth, hinting at a disruptive blueprint that could redefine how Americans...

Netskope’s director William J.G. Griffith just dumped a massive $7.2M into the company’s stock—buying 610K shares at $11.82 apiece—boosting his indirect stake to nearly $67M through ICONIQ entities. This insider buy signals confidence despite Netskope’s post-IPO dip, as the company’s sales surged 28% to $202M, beating expectations. A bullish move, but just one piece of the puzzle for investors. Li...

Lowe’s dominates the home improvement space with broad appeal and strong cash flow, despite heavy debt, while Floor & Decor excels in niche flooring with steady growth but faces headwinds from rates and competition. For 2026, Lowe’s offers better value and stability, making it the smarter pick—unless you’re betting on specialized growth. Listen in comfort: Get a discount on a Soli Pillow: http://s...

Warren Buffett’s stepping down as CEO of Berkshire Hathaway marks a pivotal moment, with Greg Abel now leading the charge — and his first major test is the $8.5 billion Taylor Morrison acquisition, facing a shareholder vote on July 22. While Berkshire’s cash reserves make the deal financially negligible, Taylor Morrison’s shareholders stand to lose if it fails. For Abel, this vote is personal — a...

In 2026’s restaurant investment landscape, Shake Shack and Texas Roadhouse lead the pack—but their paths diverge. Shake Shack thrives on premium fast-casual appeal with urban foot traffic and digital efficiency, raking in $1.5B in revenue and showing stronger margins, though it’s vulnerable to a single supplier and cyber risks. Texas Roadhouse dominates casual dining with 800+ company-owned steakh...

Rivian’s latest capital raise, while typically disliked by investors for diluting shares, is a strategic move to fuel its explosive growth—ramping up R2 and R3 production, building a new Atlanta factory, and advancing autonomous tech. Unlike Lucid’s past raises, Rivian’s stronger sales performance and less shareholder dilution make this round more palatable. With stock rallying ahead of the announ...

German luxury carmakers like Mercedes, BMW, Porsche, and Volkswagen are hitting hard times in China, with sales plummeting 30-41% in the last quarter and over 20% year-over-year for the first half of the year—making China’s biggest market a major drag on global profits. Economic uncertainty, sluggish consumer confidence, and fierce competition from rising Chinese automakers are key culprits. Volks...

Nvidia’s stock is up 26% in a year, but its $5 trillion valuation and shift from chipmaker to AI infrastructure builder signal a solid future—even at a reasonable price. Meanwhile, other AI stocks have soared past it: Sandisk up 3,900%, fueled by NAND flash shortages; Micron up 721%, riding high-demand DRAM; and AMD gaining ground in AI inference and agentic AI, positioning itself for explosive gr...

NuScale Power’s stock, once soaring above $57 on AI energy hype, now trades below $10 — a 75% plunge in a year. The company’s small modular reactors promise safer, cheaper, faster nuclear power and even got NRC approval, with modules already in production. But without any binding contracts or power purchase agreements — even from its partner ENTRA1 — and with first deliveries not expected until 20...

Datadog’s stock is soaring, nearly doubling this year fueled by the booming cybersecurity and AI-driven data explosion—but its sky-high valuation and slowing growth rate are raising red flags. Trading at over 25 times sales, it’s pricing in near-perfect future performance, despite a recent 32% revenue jump that’s still below expectations. With historical volatility and slowing momentum, investors...

Fuel prices are surging even as crude oil drops, creating a wild market twist that’s hitting travelers and businesses hard this summer. Russia’s diesel export ban and Middle East tensions are tightening supplies, while refineries run at max capacity with little buffer. Extreme heat in Europe is forcing production cuts, and consumers are cutting back as prices climb. China’s renewed fuel exports of...