Author: arthursheikin@gmail.com

[ad_1] Baby wipes and eggs.Those are two of the top products Wing CEO Adam Woodworth says Walmart shoppers commonly order using his company’s drone delivery service.”The baby wipes one makes total sense to me,” he told Business Insider. “It’s a problem when you run out.”The reason for eggs’ popularity was less obvious to him until he realized customers were most likely testing the technology’s handling.”If you can get eggs delivered and they show up and they’re not cracked, you can get pretty much anything delivered,” Woodworth said.Millions more households will soon be able to try drone delivery, as Walmart and…

[ad_1] I started to crumble when I was forced to change careers after 14 years of service in local government. I had worked and planned for a life of public service, but then life happened, and suddenly, I was in a new career field and way out of my depths.The sudden change in careers forced me to take a hard look at how I had been living for the last 14 years. While I was reflecting and mourning my old professional life, I started to notice some other areas in my life that I wanted to change — mainly, my…

[ad_1] Anthropic co-founder and Chief Science Officer Jared Kaplan said his company cut Windsurf’s direct access to Anthropic’s Claude AI models largely because of rumors and reports that OpenAI, its largest competitor, is acquiring the AI coding assistant. “We really are just trying to enable our customers who are going to sustainably be working with us in the future,” said Kaplan during an onstage interview Thursday with TechCrunch at TC Sessions: AI 2025. “I think it would be odd for us to be selling Claude to OpenAI,” Kaplan said. The comment comes just a few weeks after Bloomberg reported that…

[ad_1] President Donald Trump’s tariffs have part of Cracker Barrel’s business over a barrel.Cracker Barrel diners usually walk through the shop, which sells everything from rocking chairs to skillets featuring Dolly Parton’s likeness, on their way into and out of Cracker Barrel’s restaurants. The restaurant chain sources roughly one-third of those products from China, CEO Julie Masino said during an earnings call on Thursday.The number is higher when counting China-made products that Cracker Barrel buys from US-based suppliers, the CEO said. She did not say what share of the stock those items account for.As a result of tariffs, Cracker Barrel…

[ad_1] Elon Musk and Donald Trump have had something of an on-again-off-again relationship over the years.The world’s richest person and the two-time president of the United States weren’t always close, but became singular political allies, with Musk calling himself “first buddy” following Trump’s 2024 victory and donating more than $200 million toward pro-Trump super PACs.At the beginning of Trump’s second term, Musk was frequently seen on the president’s side and served as the de facto head of the White House DOGE office, the cost-cutting initiative that made waves throughout the federal government.In May, Musk started to separate himself somewhat from Trump, saying…

[ad_1] CNN  —  Shari Redstone, the media mogul who has been trying to sell Paramount in a politically fraught transaction, is undergoing treatment for cancer. Redstone “was diagnosed with thyroid cancer earlier this spring,” her spokesperson said in a statement. “While it has been a challenging period, she is maintaining all professional and philanthropic activities throughout her treatment, which is ongoing.” “She and her family are grateful that her prognosis is excellent,” the spokesperson added. Redstone, 71, controls Paramount Global, the media company that owns CBS, cable channels like MTV and Comedy Central and the Paramount Pictures movie studio. She…

[ad_1] CNN  —  An intense public feud erupted on Thursday between President Donald Trump and his one-time ally, billionaire Elon Musk, with an argument about Trump’s massive tax and domestic policy bill raging across social media and in the Oval Office. Tensions began rising on Tuesday, when Musk blasted what Trump calls his “big, beautiful bill” as a “disgusting abomination,” surprising Republican leaders. But the billionaire escalated the fight on Thursday when he began sharing years-old comments from Trump and other Republican lawmakers raising concerns about US government spending and the deficit. Throughout Thursday, Trump and other prominent figures from…

[ad_1] Investors looking for both a bargain and income can find them in small-cap stocks, but they should be selective, according to Bank of America. Dividends are more prevalent than buybacks in the cohort, with some 40% of the Russell 2000 paying a dividend today, the firm said in a note Tuesday. While small caps face greater risk from tariffs and macro uncertainty, as well as from higher rates, they remain cheap compared with large-cap stocks, equity and quant strategist Jill Carey Hall wrote. The Russell 2000 was the first to enter bear market territory after President Donald Trump ‘s…

[ad_1] BlackRock CEO Larry Fink has some words of wisdom for leaders navigating the age of populism and social media: Watch what you say. “You have to be a lot more guarded,” Fink said on Thursday. “I can’t say everything I really want to say to all of you right now,” he joked to the audience attending Forbes’s Iconoclast Summit. “The reality is you have to be a lot more systematic in what you say and how you say it internally or externally,” he said, adding, “I mean, we live in a terrarium today. We live in a glass bottle.”…

[ad_1] Shares of Caterpillar (CAT) have stalled out in recent weeks, pounding out a sideways consolidation phase just below the 200-day moving average. We’re noting a confluence of indicators that suggests a move above $355 could signal a new uptrend phase with an upside target above $400. After a significant rally off the April low, CAT pushed higher into early May when the European tariff news caused shares to gap up to the 200-day moving average. For the past three weeks, the price has remained in a tight trading range between the 200-day moving average around $355 and the upper end of…