Business

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Business

Ulta Beauty takes on Amazon with new delivery option for shoppers

Ulta Beauty is expanding its delivery options amid increased competition from Amazon and other rivals in the beauty retail industry.  Amazon is the largest beauty retailer in the U.S., capturing an almost 23% share of beauty sales in the region in 2025, according to recent data from NielsenIQ. TikTok Shop has also become a fast-growing

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Business

Nordic energy CEO sends blunt warning on oil and economy

For years, the central criticism of renewable energy was a single word: intermittency. Wind stops blowing. The sun sets. Fossil fuels, the argument went, are reliable in a way that weather-dependent power sources can never be. That argument shaped energy policy debates on both sides of the Atlantic for decades. Three months into the Iran

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Business

Elon Musk sets SpaceX IPO price in blunt message to Wall Street

Companies preparing for an initial public offering normally set a price range, gauge demand on a roadshow, and negotiate a final share price. SpaceX skipped every step of that process, and the decision reveals how Elon Musk intends to operate as a public company executive. The rocket and satellite company filed an amended prospectus with

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Business

Billionaire Ray Dalio issues stunning verdict on U.S. national debt

Billionaire investor Ray Dalio just spoke his mind on one of the most pressing issues facing the U.S. economy.  The founder of Bridgewater Associates warned in a recent interview with Bloomberg that the country’s ballooning debt load is getting increasingly difficult to reverse. He argues that as debt-servicing costs begin to compete sharply with other

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Business

Mark Cuban drops bold $500K email bet on SpaceX competitor

Most investors demand a pitch deck, a formal board presentation, and several rounds of due diligence before they agree to write a check. Former “Shark Tank” investor Mark Cuban took a different approach, and it started with a cold email he received in Dallas from a young engineer who wanted to build rockets. Cuban committed

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Business

Wedbush resets IBM stock price target on AI momentum

A few months ago, International Business Machines (IBM) looked like collateral damage in the artificial intelligence boom. Investors worried that the very technology powering the AI rally could quietly chip away at the businesses that have funded Big Blue for decades. That worry has faded fast, and one of Wall Street’s loudest tech voices now

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Business

5-star analyst revamps Broadcom stock price target after earnings

Broadcom (AVGO) has been one of the most rewarding AI stocks in recent months, but its latest earnings report left investors wanting more. The semiconductor and software giant dished out another superb quarterly showing in Q2, extending its impressive streak of posting beats across both lines. Sales jumped sharply year-over-year, while profits continued to grow

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Business

Exxon (XOM) roars back as one Iran headline reignites oil

For most of last week, oil was sliding down and energy stocks followed in the same direction. Traders had bet a U.S.-Iran deal would calm the region and reopen shipping lanes, so crude price fell lower for days, and Exxon Mobil (XOM) fell with it, closing red for seven straight sessions. Then one headline out

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Business

Mastercard (MA) flashes major signal on New York BitLicense

Most traditional finance companies treat crypto as a side project. They run a pilot, publish a press release, and move on. Mastercard (MA) has spent the past two months doing something harder. First, it spent up to $1.8 billion to buy a stablecoin firm. Then it got licensed to handle digital assets in New York,

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Business

After bankruptcy, iconic seafood chain closes flagship restaurant

An iconic American seafood chain is preparing to close a restaurant in one of the world’s most visited tourist districts. It marks the end of a 23-year run at a prominent urban location as the company continues navigating the aftermath of bankruptcy, rising operating costs, and a broader effort to reshape its business. After nearly

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