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A trader works on the floor of the New York Stock Exchange. NYSEGoldman Sachs’ Ashok Varadhan has a simple message for investors worried about higher interest rates, elevated oil prices and the durability of the economy: Stay invested.Varadhan, the firm’s co-head of global banking and markets, pointed to three reasons for his constructive outlook: He doesn’t expect the Federal Reserve to raise interest rates this year, sees oil falling well below $70 a barrel later in 2026 and believes a resilient economy will increasingly benefit from productivity gains tied to artificial intelligence.”Stay invested would be my advice,” Varadhan said in…

Archer Aviation’s stock is flying higher after the company agreed to buy three business units from Boeing.

Check out what’s clicking on FoxBusiness.com. Wendy’s has lost its place as America’s runner-up to McDonald’s, ending a six-year run as the second-largest burger chain, being surpassed by a resurgent Burger King. Burger King reclaimed the No. 2 position as its U.S. turnaround gains momentum, with domestic same-store sales jumping 8.5% in the second quarter. Wendy’s, meanwhile, reported a 7% decline in U.S. same-store sales, marking its sixth consecutive quarter of contraction.Wendy’s new CEO Bob Wright acknowledged the chain’s problems Friday, saying its competitive edge has weakened as customers have pulled back. “Today we are clearly not performing at our…

Bitcoin miner and cloud-mining provider BitFuFu said advance payments for 330 days of future hashrate were the primary reason its reported Bitcoin holdings fell by 357 BTC in July. At the same time, production and managed hashrate declined, leaving a clear operational checkpoint: whether the platform reaches approximately 20 EH/s by mid-August.The company’s SEC-filed July operating update put holdings at 1,314 BTC on July 31, down from 1,671 BTC a month earlier. The reported balance excludes Bitcoin produced for cloud-mining customers. Total production fell to 112 BTC from 125 BTC, while average daily output slipped to 3.6 BTC from 4.2…

Key PointsThe transaction involved the sale of 24,999 shares at a weighted-average price of $41.59, totaling approximately $1.0 million.This disposition represents 0.64% of the insider’s total direct equity holdings.Shahar retains direct ownership of 3,881,688 shares and holds an additional 882,600 derivative securities.The transaction was executed following a 28% appreciation in the stock price over the 12-month period ending Aug. 5, 2026.10 stocks we like better than Global-E Online ›COO Tamari Shahar reported a sale of 24,999 ordinary shares of Global-E Online Ltd. (NASDAQ:GLBE) on Aug. 5, 2026, according to a recent SEC Form 4 filing.Transaction summaryMetricValueShares sold24,999Transaction value$1.0 millionPost-transaction shares…

“Right now, we’re withdrawing about $100,000 a year from our investments.”

Key PointsInvestors weren’t loving AppLovin’s (NASDAQ: APP) Q2 results, and a difficult year for the stock just got worse. The stock crashed last week after it missed revenue expectations, and its shares have been cut in half this year, as of this writing.Let’s dig into the adtech company’s results and prospects to see if this dip is a good buying opportunity.Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a “Double Down” signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same “Total Conviction” signal is flashing for a company 1/100th…

Chinese electric car sales have risen across Europe to a record high driven by strong demand and low tariffs in the UK and a surge in buyers in Italy.Against a backdrop of claims that Chinese carmakers are “dumping” state-subsidised vehicles in the EU and UK to gain market share, the figures will give impetus to calls for quotas and higher tariffs to protect European manufacturers.The share of electric cars sold by Chinese brands rose to 14.2% across western European markets – or one in every seven battery electric vehicles (BEVs) – in the first five months of this year, according…

Secretary of the Treasury Scott Bessent, Comptroller of the Currency Jonathan Gould Highlight Community Bank Comeback at Arizona Bankers Association Roundtable | OCC Skip to main content

The CLARITY Act will be the second major development to be voted on after the recess ends. Just a day or so after it became known that the most anticipated crypto legislation in the US will not be voted on in August, more details have emerged on when it will hit the Senate floor. Senate Majority Leader John Thune has filed cloture on the motion to proceed to H.R. 3633, the Digital Asset Market Clarity Act, shortly before the Senate departed Washington for its August recess. Mark The Date The bill’s path through the US Senate just became a…