boom

Resale has taken over luxury shopping — and it’s showing no signs of slowing down.The secondhand fashion market is growing as much as three times as fast as the firsthand market, and 59% of shoppers said they are likely to shop resale in 2026, according to a November report published by…

Uber is preparing for a robotaxi surge, and its CEO says one market will drive it.Dara Khosrowshahi said in an interview with Bloomberg Television published Friday that robotaxis are a “trillion-dollar-plus” opportunity and Asia is a huge growth market for the ride-hailing giant.”I expect to be in 10-plus markets by…

For the last century, Caterpillar’s calling card has been its trademark macaroni-yellow backhoes and bulldozers. Increasingly, customers are interested in something else: the generators powering the artificial intelligence boom.At hundreds of data center construction sites across the US, Caterpillar — alongside Cummins, Generac, and Rolls-Royce — supplies dozens of these…

Michael Burry of “The Big Short” fame has pivoted from investing to writing, launching a paywalled Substack called “Cassandra Unchained.”The blog is now Burry’s “sole focus” and promises a “front row seat to his analytical efforts and projections for stocks, markets, and bubbles, often with an eye to history and…