The votes are in. The midterms are over… And Wall Street could probably use a strong cup of coffee. The reaction: → Wednesday: The S&P 500 rallied approximately 1.7%.→ Thursday: It plunged 4.4%, erasing the previous day’s gains and then some.→ Wall Street’s fear gauge: The VIX surged nearly 70% in a single session. Quite the mood swing. The ballots have been counted. Wall Street’s still counting its losses. So what usually happens to stocks after the midterms? Fortunately, we’ve got nearly 80 years of market history to work with. Let’s see what history has...

RIP Cybertruck? Is Tesla actually discontinuing the Cybertruck? What happened? Why would Tesla wind down a vehicle that generated so much attention? And was it really that big a failure? How many trucks did Tesla expect to sell, and how many did it actually sell? Did nobody want it, or was it simply too expensive? For a truck built to turn heads, it’s taking a rather unexpected turn. Today, we’re looking at the numbers behind the Cybertruck’s disappointing sales, why Tesla is making room for the Cybercab, and what this shift tells us about the company’s future. Let’s...

The Tortoise & The Delivery Truck… Slow and steady wins the race. Aesop made a convincing case for it. But Wall Street has a slightly different interpretation. Especially when dividends are involved. Today is Coca-Cola vs. UPS. Both have been around for more than a century. Both have made shareholders plenty of money along the way. But their latest financial results reveal two very different businesses. Coca-Cola is growing. UPS is rebuilding. Coke KO ( ▲ 0.09% ) has raisedas raised its dividend for 64 consecutive years, through recessions, inflation, and enough changes in consumer tastes...

Mission Accomplished? For most of human history, getting anything into space was an extraordinarily expensive undertaking. Rockets and satellites were largely the business of governments. And the idea of making money somewhere above the atmosphere was, well, ambitious. Then launching things got cheaper. A lot cheaper. Companies started building satellites, investors started writing checks, and suddenly space looked less like a government science project and more like the next great industry. Wall Street was delighted. Perhaps a little too delighted. Billionaire investor Chamath Palihapitiya...

The Three No-s… Elon Musk has a new industry in his sights. The $235 billion U.S. wireless market. And he’s already made a few phone calls. He approached Verizon VZ ( ▼ 0.07% ) , AT&T T ( ▼ 0.98% )  , and T-Mobile TMUS ( ▼ 3.66% ) about using their networks to launch SpaceX’s own mobile service. The answer? No. No. And no. But Musk isn’t hanging up just yet. SpaceX SPCX ( ▲ 3.29% ) is reportedly in talks with EchoStar  ECHO ( ▲ 3.37% ) about acquiring Boost Mobile or gaining access to its network. And here’s the amusing part. ✱ Boost rents its wireless capacity...

Domino Theory… Sometimes, all it takes is one company attracting a buyer for everyone to start wondering what the neighbors are worth. And the payments industry may be getting a taste of that. It started with Global Payments $GPN ( ▲ 2.88% ) . The payments processor is reportedly attracting takeover interest from private-equity firms. Investors liked the sound of that. → The stock jumped 11% on Friday. Not bad for a company that’s lost more than 60% of its value since its 2021 peak. But Burry has been looking beyond Global Payments. If someone is interested in buying one payments company,...

Boring Is Back… Wall Street has developed a sudden appreciation for the finer things in life. Coca-Cola. Toothpaste. Laundry detergent. Not exactly revolutionary. But while investors have been busy questioning AI spending, two of the Dow’s steadier names have been getting a lot more attention. → Coca-Cola → Procter & Gamble Both have put together some of their strongest stretches in years. And there’s real business strength underneath it. ✱ Coca-Cola has been posting stronger sales. ✱ P&G is moving more products through shoppers’ carts. Actual business growth. How refreshing. But...

Boring Is Back… Wall Street has developed a sudden appreciation for the finer things in life. Coca-Cola. Toothpaste. Laundry detergent. Not exactly revolutionary. But while investors have been busy questioning AI spending, two of the Dow’s steadier names have been getting a lot more attention. → Coca-Cola → Procter & Gamble Both have put together some of their strongest stretches in years. And there’s real business strength underneath it. ✱ Coca-Cola has been posting stronger sales. ✱ P&G is moving more products through shoppers’ carts. Actual business growth. How refreshing. But...

A Very Scary Thursday 🎃… Google had plenty to celebrate after its latest earnings report. → Revenue was growing.→ Its cloud business was booming.→ And AI was bringing more people to Search. Not a bad combination for one of the world’s largest technology companies. Wall Street, however, had other ideas. On Thursday, Alphabet $GOOG ( ▼ 1.45% )  plunged 12.6%, wiping nearly $500 billion off its market value. Quite an expensive disagreement. And the ripple effect: → Nasdaq Composite: Fell 1.4%.→ S&P 500: Slipped 0.3%. Alphabet’s enormous size made its decline a significant drag...

The VIP List… Berkshire Hathaway’s stock portfolio is getting smaller. Just not cheaper. At the end of 2025, Berkshire owned shares in 42 publicly traded companies. Six months later? →  29. Thirteen names quietly disappeared from the guest list. Meanwhile, the portfolio itself grew to roughly $299 billion. Fewer stocks. More money. And most of that money is sitting in a remarkably small number of places. Berkshire’s five largest holdings now make up about 69% of the entire equity portfolio. That’s roughly $206 billion concentrated in five companies. Very Buffett-y. And with Greg Abel now...