Even with shares of Tesla (TSLA -1.22%) down over 30% this year, I’m still not ready to buy the stumbling stock. It’s been a brutal 2026 for Tesla’s investors, but the stock is still trading at an incredible premium, with its trailing P/E ratio sitting around 290. Simply put, the company’s valuation of more than…
OECD countries experienced declining native population growth and rising net immigration over 1990-2024. We compile a new dataset of net immigration rates to OECD countries from all origins and show that most of the increase came from non-OECD countries and was predominantly high-skilled. Push factors, network effects, and policy indices explain little of the large…
Space Exploration Technologies (SPCX -1.25%) has been volatile since it pulled off the largest IPO in history last month. The stock reached a high of about $225 — well above its IPO price of $135 — but has now declined slightly below $112, as of writing. Has the space company bottomed out? Hardly. SpaceX will…
The number of software security flaws discovered in popular technology products in 2026 is on pace to roughly double the tally of vulnerabilities that surfaced in 2025, an explosion driven by increasingly capable artificial intelligence systems. The US National Vulnerabilities Database, a repository of digital security holes, recorded 45,207 flaws between January and Monday, a…
The primary trade-off between iShares Global REIT ETF (REET -0.35%) and Schwab U.S. REIT ETF (SCHH -0.40%) centers on geographic scope versus cost, as REET offers global reach while SCHH provides cheaper domestic focus. Investors looking to build a real estate foundation in their portfolios must decide between the relative simplicity of domestic markets and…
Robin Gentry /Getty Images Call Before You Dig is a free service across the U.S. funded by its utility members to help prevent you from punching through natural gas, electric lines, or other underground infrastructure during your yard project, which could include tasks like digging a fence post hole. The national phone…
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We thank Neil Shah and Tarun Pathak from Counterpoint Research for sharing the cell phone data and providing important insights about the market. We thank Jeronimo Callejas for sharing the GSMA Intelligence data. We thank the participants in numerous seminars and conferences for their valuable comments. The authors declare that they have no additional relevant…
Several U.S. Navy Unmanned Surface Vessel (USV) drone boats sail next to a British Royal Navy P200 Patrol Craft during a NATO exercise in June off the coast of Poland. The USVs worked with manned NATO vessels to test NATO warships tactics, techniques and procedures to counter USV swarms at sea. (Photo by Omar Marques/Getty…
An Indonesian worker walking next to a screen featuring market trading information at the Indonesia Stock Exchange (IDX) in Jakarta. Adek Berry | AFP | Getty Images Attractive valuations, quick intervention by local financial regulators and a gradual return of foreign investors have helped Indonesian stocks reach bull-market status after hitting a five-year low in…