Economy

Michael Burry bets against rally: 'We are near a major top, and possible a 1987-type fall'

'I continue to believe it is possible we are near a major top, and possible a 1987-type fall,' Burry said in a Tuesday Substack post.

The stock market soars. 5 reasons behind the big surge Tuesday

The Dow had its best day in nearly two months and the S&P 500 rose to new highs.

Pinterest shares fall on lukewarm sales guidance

Pinterest reported better-than-expected earnings and revenue for the second quarter, though its forecast was online in line with estimates.

Dow soars 900 points on strong corporate earnings and hopes of Iran deal

Updated on: August 4, 2026 / 4:15 PM EDT / CBS News

Paramount Skydance raises full-year profit guidance, remains 'confident' about WBD merger

Paramount Skydance reported second-quarter earnings after the bell and said it continues to prepare for its proposed merger with Warner Bros. Discovery.

Here's Todd Gordon's case for why this stock market breakout is not an August head fake and is likely to continue higher

Failure of Treasury yields to push higher should open the door for continued gains in equities.

These two dividend payers just joined Evercore ISI’s list of best core ideas. Here’s who else made the grade

Evercore ISI just added a couple of dividend-paying stocks to its list of analysts' top stock picks.

Iranian experts estimate economic losses from Operation Epic Fury at $280 billion

Iranian experts put the total economic losses from just Operation Epic Fury at $280 billion, not counting damage from follow-up operations and the naval blockade.

We're making a Bullpen adjustment and upping 2 price targets. Plus, a bullish Wells update

Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.

TikTok users are sharing the items they say are always worth the money—here's what financial planners say

Financial planners weigh in on a recent trend on TikTok that has users sharing the items they swear are always worth the money.

SpaceX is down nearly 40% ahead of Tuesday's earnings—how to decide to buy stock dips, according to pros

Buying a dip in the stock market is generally considered smart for long-term investors. Following the same playbook for individual stocks is more complex.

Record number of U.S. adults are moving in with their parents as costs rise, study finds

Updated on: August 4, 2026 / 1:54 PM EDT / CBS News