Browsing: Beating

Just how badly is the tech sector getting hammered in this post-midterm stock market reckoning? Well, put it this way: If you’d bought Krispy Kreme at the start of the year, you’d be doing better than someone who YOLOed their way into Nvidia at the same time, convinced the AI bubble could never burst.

SpaceX’s data centers and Grok agents were more profitable than investors expected in third quarter of the year, as the company leaves its roots as a space company behind to focus on artificial intelligence, which now makes up 52% of its income.

PNC Financial Services Group (NYSE:PNC) reported third-quarter adjusted earnings above analysts’ expectations, supported by growth in commercial lending, higher net interest income and lower operating expenses.

In January 2025, ChineseAI company DeepSeek caused the biggest single-day destruction of corporate value in Wall Street history. Its low-cost model prompted investors to question whether the AI boom really required so many expensive chips, wiping $593bn (£441bn) from Nvidia’s market value.

One of the hotter stocks in big healthcare just now is pharmacy chain mainstay CVS Health (NYSE: CVS). The company’s shares have raced more than 18% higher year to date, comparing favorably to the benchmark S&P 500 index’s sub-13% rise.

Bloom Energy (NYSE: BE) has been crushing the market for well over a year. The stock almost quadrupled in 2025 (about 291% overall), and it has so far doubled in 2026. The S&P 500, meanwhile, gained about 16% last year, and it has risen about 12% on the year.

Dean Day, a business consultant for the Louisiana Small Business Development Center at McNeese State University, speaks to members of the Kiwanis Club of Lake Charles on Tuesday at The Charleston in downtown Lake Charles. (Crystal Stevenson / American Press)