Category: Business

Rising food costs driven by inflation have been a problem for U.S. steakhouses ranging from high-end to budget establishments, leading some well-known restaurants to permanently shut their doors and in some cases file for bankruptcy An increase in the cost of beef that led to steak prices spiking 16% to $12.73 per pound in March

Anthropic’s Claude is one of the most popular artificial intelligence (AI) models, translating into skyrocketing growth for the company. Anthropic recently revealed that its annualized revenue has roughly tripled since the end of 2025, exceeding $30 billion in early 2026. Anthropic recently filed a draft registration statement with the Securities and Exchange Commission as it

SpaceX (NASDAQ: SPCX) has put new shareholders through a lot in just over a week of public trading. The rocket and satellite-internet company priced its initial public offering (IPO) at $135 a share on June 11 — the biggest IPO ever at $75 billion. Then it jumped about 19% in its Nasdaq debut the next

Every generational stock reaches a moment where its biggest fans start watching the tape with one eye closed. The story is still good. The buying is still frantic. And somewhere in the back of the room, a few people who own the dream begin asking how much of tomorrow has already been priced into today.

All Analyst Report Argus • Jun 18, 2026 Illumina, Inc.: Raising target to $180 Summary Illumina Inc., based in San Diego, provides sequencing and array-based solutions for genetic analysis. The company’s products and services are sold to genomic research centers, academic institutions, government and commercial laboratories, and hospitals, as well as to pharmaceutical, biotech, agrigenomics

All Analyst Report Argus • Jun 17, 2026 Rocket Companies, Inc.: Mortgages rates remain elevated Sector(s) Financial Services Summary Detroit-based Rocket Companies has three main businesses: Rocket Mortgage, a mortgage lender; Rocket Money, a personal finance app; and Rocket Homes, a home search platform and real estate agent Upgrade to begin using premium research reports

All Market Update Argus • Jun 16, 2026 Market Update: TEVA, APD, DG Sector(s) Basic Materials, Healthcare, Consumer Defensive Summary The major indices are mixed at midday on Tuesday as stocks take a breather following recent gains. The Fed rate meeting has started and new Chairman Kevin Warsh will have his debut press conference tomorrow.

When it comes to earning more on your savings, money market funds (MMFs) and certificates of deposit (CDs) are often two of the first options savers consider. Both can offer higher returns than a traditional savings account, and both are generally considered lower-risk places to keep your cash. But despite their similarities, these accounts work

Dow Jones futures rose Sunday evening, along with S&P 500 futures and Nasdaq futures, while oil prices dived. President Donald Trump said that a U.S.-Iran deal has been reached. The Federal Reserve will hold its first meeting under new Chairman Kevin Warsh on June 16-17. The stock market had a wild week amid AI sentiment

Kirk O’Neil Sat, June 13, 2026 at 6:20 PM EDT 4 min read A decline in U.S. wholesale shipments of mattresses in the first quarter of 2026, falling 8% in units and 3.8% in dollar value, according to the International Sleep Products Association, has impacted the mattress market, as well as the fashion bedding sector