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Allbirds’ pivot to AI is more than a quirky headline. It is a warning shot about narrative-driven valuations, fragile capital structures, and the growing credit risk inside the AI infrastructure boom.

JPMorgan, Goldman, Wells Fargo, and BlackRock delivered strong results, but their commentary points to a far more fragile backdrop.

Stocks are near all-time highs, but oil, inflation expectations, and the Strait of Hormuz say the risk is far from gone.

Service members often have access to a retirement savings program that can play an important role in long-term financial planning. The Thrift Savings Plan (TSP) is designed to help military members save for retirement through payroll contributions. Used thoughtfully alongside other financial...

Markets rallied hard on a fragile ceasefire, but the underlying risks have not been resolved. The path higher may be real, but it is still full of sharp turns.