While the collapse of Spirit Airlines at the start of May continues to dominate headlines as the most high-profile airline shutdown of 2026, a number of other small airlines around the world have also seen their finances fall to the point of having to file for bankruptcy and cease operations. Mexican holiday carrier Magnicharters also filed
I have watched plenty of Wall Street veterans hedge their commentary on big corporate breakups. We have had too many qualifiers, too much “time will tell.” This time, I like that Roger Altman did not do that. The Evercore founder, senior chairman, and American investment banker who has advised on some of the largest deals
The annual stress test modeled a sharp economic shock, including steep declines in commercial real estate and home prices, with unemployment surging to 10%, the Fed detailed in its results. All 32 of the nation’s largest banks survived the hypothetical downturn, absorbing more than $708 billion in projected losses while maintaining minimum capital levels. Within
The biggest money in markets is rarely made where the crowd is looking. By the time a trade has a nickname, a dedicated cable segment and a line of exchange-traded funds chasing it, the easy gains have usually already been handed out. The real edge tends to sit in the unglamorous corners that bore most
GameStop (GME) tried to buy eBay once already, and the answer was no. That rejection would have ended most takeover attempts. Cohen is not backing down. Instead, GameStop spent the following weeks building a bigger position and a stronger balance sheet, the opposite of what a retreat looks like. GameStop’s first eBay offer crashed into
A week before Apple raised prices on its most popular computers and tablets, Tim Cook sat down with the Wall Street Journal and used a phrase that stopped people mid-scroll. He called the memory chip shortage hitting Apple’s supply chain “a hundred-year flood.” He said he had never seen anything like it in 40 years
Multiple airlines and adjacent companies in the aviation company have filed for bankruptcy in the months following the U.S.-Israeli strike on Iran and subsequent spike in jet fuel prices. At the start of June, cargo carrier European Cargo Limited entered administration, resulting in the loss of 178 jobs and what will likely be the liquidation
AMC Entertainment Holdings, Inc (AMC) has spent 2026 trying to convince Wall Street that the worst is behind it. Box office has been recovering, attendance is climbing, and the business is finally gaining momentum. Then management made a move that erased a quarter of the stock’s value in a single session. On June 23, AMC
The post-IPO drop from SpaceX could be felt by traders who chased one of the hottest public offerings in years. It’s quickly turning into something bigger. SpaceX (SPCX) has already transitioned from market spectacle to portfolio reality. Some investors might own SpaceX without ever purchasing the stock now that major index funds from Vanguard and
Nike (NKE) has spent nearly two years trying to convince investors that it’s on track to deliver a turnaround in its business. However, this week, Evercore ISI, a closely followed Wall Street firm, said the evidence on ground indicates otherwise, InvestorsHub noted. Nike’s stock is one of the worst performers among large consumer brands in