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Signed term sheets don’t guarantee smooth deals — here’s what founders rarely hear about M&A before they sell.

Your domain says a lot about your brand, long before you meet with a potential client or customer. It’s an asset that can quietly appreciate over time. Here’s what it tells the world about your brand and why it matters.

After a year of hunting down Social Security cheats, here’s where we stand.

Toyota Motor (TM) and Tesla (TSLA) are generally seen as rivals in the global auto business.Toyota is the manufacturing powerhouse, selling more than 11 million automobiles a year in almost every major market. Tesla is the electric vehicle disruptor that pushed the industry to embrace batteries, software and autonomous driving.But Toyota’s latest earnings report underscores how the relationship between the two is more complicated than just a simple rivalry.Toyota announced operational income of around $24 billion for fiscal 2026, below Wall Street estimates of about $26 billion. More importantly, the car company anticipated an operating profit of around $19 billion for fiscal 2027, well below analyst projections of about $30 billion.That would suggest Toyota’s operational profit would be down approximately 21% from fiscal 2026 levels and nearly 42% from this year’s $33 billion profit.Meanwhile, Tesla shares jumped 4% to finish at $428.35, even as the prognosis from Toyota underscored the pressure growing on the traditional vehicle company.The contrast shows a more synergistic relationship between the two companies.What Tesla still needs is on display at Toyota: production scale, operating discipline and global consistency. Tesla is showing Toyota what investors want more and more: software-driven growth, automation and a story that’s about more than selling automobiles.Together Tesla and Toyota are delivering a clear message to Wall Street. The future of transportation will not be determined by volume alone.Toyota earnings show limits of automotive scaleToyota’s operational profits for fiscal 2026 of nearly $24 billion failed to meet Wall Street projections by approximately $2 billion.That’s a miss of around 8%, a big delta for a corporation whose reputation is based on stability and operational rigor.The main problem was guidance.Toyota estimated operating profit for the fiscal year ending March 2027 at around $19 billion, well below Wall Street’s forecasts of almost $30 billion. That puts Toyota’s outlook about 37% below consensus estimates.That disparity matters to investors because Toyota is not a speculative automaker striving to establish its business model. It is the world’s largest car firm by volume, has a global production presence, and has decades of experience managing costs.The automaker cited a number of headwinds dragging on performance, including tariffs, geopolitical turmoil and reduced customer demand.Tariffs alone shaved off approximately $9 billion in operational income for the fiscal year. That damage amounted to more than a third of Toyota’s reported operational income for fiscal 2026.Toyota still delivered enormous scale. The company sold 11.3 million vehicles globally, up 2.5% year-over-year.However, management expects car sales to drop around 1% in the next fiscal year.That slight sales dip might not seem too bad, but it’s a bigger story when you consider the steep fall in predicted operating profit. Toyota’s figures indicate that it’s not all about volume. That’s the profit.Related: Tesla gets a China win that comes with a warningThat’s where the report from Toyota becomes relevant for Tesla investors.Toyota’s weakness doesn’t directly increase Tesla’s delivery statistics. But it does make Tesla’s long-term appeal that much more persuasive.If the world’s biggest manufacturer can sell 11.3 million vehicles and still caution that operating profit could decline to $19 billion, investors have reason to doubt whether traditional vehicle production alone can fuel the next wave of value in the auto sector.Toyota is in a better position than many corporations to cope with those demands.Yet its prognosis, nevertheless, proved that size alone doesn’t get Wall Street excited.Tesla has an opposite problem.It does not have Toyota’s production consistency, global reach or decades of operational discipline. Tesla’s 2026production is estimated to be less than 1.7 million; therefore, the yearly volume for Toyota is about six to seven times bigger.But Tesla has what investors are now rewarding: a technological story built around artificial intelligence, autonomous driving and robots.Key financial takeaways from Tesla and ToyotaToyota reported fiscal 2026 operating income of about $24 billion, missing estimates by roughly $2 billion.Toyota forecast fiscal 2027 operating profit of about $19 billion, about 37% below Wall Street expectations.Toyota’s expected fiscal 2027 profit would be down about 21% from fiscal 2026 and about 42% from the prior year.Tariffs reduced Toyota’s operating income by nearly $9 billion.Toyota sold 11.3 million vehicles, up 2.5% year-over-year, but expects sales to fall about 1%.Tesla shares rose 4% to $428.35, even as traditional auto-sector pressures mounted.Tesla is expected to sell just under 1.7 million vehicles in 2026, far below Toyota’s volume but with a much stronger AI-driven market narrative.Tesla and Toyota need what the other hasTesla’s stock reaction showed how far the company’s identity had evolved.The vast majority of the money is still made by selling cars. Cars remain the core of Tesla’s revenue, cash flow and brand.But Wall Street now sees Tesla as more than a manufacturer.Investors closely scrutinize Tesla’s robo-taxi ambitions, Full Self-Driving technology and Optimus humanoid robot. Those projects position Tesla less as a typical manufacturer and more as a platform firm centered on AI, automation and software.That helps explain why Toyota’s dismal outlook did not pull Tesla down.Instead, Tesla soared and Toyota slumped.Shares of Toyota worldwide fell 2.2% after the earnings announcement, leaving the company down around 13% year to date. Tesla shares, by comparison, were up 4% on the day. The S&P 500 index gained 0.8% and the Dow Jones Industrial Average was little changed.That discrepancy reflects the differing ways that investors are valuing the two companies.Toyota is rated on operating profit, sales volume, tariffs and world demand. Tesla is increasingly being judged on its ability to turn cars into a software and automation platform.The relationship works in both directions.Tesla requires the production discipline that Toyota has perfected over decades. To scale electric vehicles, robo-taxis or robots, it will be necessary to have consistency in manufacturing, cost control and supply chain execution.Toyota needs the investor imagination Tesla has conjured up. The corporation is an industrial powerhouse, but Wall Street increasingly wants automakers to prove they can earn money from software, connected vehicles and recurring digital services. More Automotive:Hyundai admits deadly defect caused more injuries than previously knownConsumer Reports names 5 popular EVs with the best real-world rangeUber targets 50,000 robotaxis in major Rivian, Nvidia dealsThis is the genuine synergy.Toyota shows how hard Tesla’s business really is. Tesla confirms the urgency of Toyota’s technology shift.But neither firm owns the future in total.Toyota has scale. Tesla has the story. The next auto leader may require both.

Toyota and Tesla expose what automakers must becomePhoto by Benjamin Fanjoy on Getty Images

Wall Street is redefining what an automaker is worthToyota’s earnings release was a disappointment not just for investors.The report highlighted a broader dilemma hanging over the auto industry: How much is a carmaker worth if selling more cars doesn’t necessarily translate into more profit?For decades, measuring automobile dominance was easy. The greatest winners sold the most cars, kept costs down and grew internationally.Toyota did that vehicle better than virtually anyone.But its latest projection reflects the pressure on that model.Toyota’s operating profit last fiscal was roughly$33 billion. It declined to around $24 billion in fiscal 2026 and is forecast to fall to about $19 billion in fiscal 2027.That translates into a two-year profit reduction of about $14 billion, or more than 40%, based on the numbers in Toyota’s projection.Tesla flipped the narrative, telling investors that the automobile could be more than a product.It might be a linked device, a software platform, a data engine and even a driverless service.That notion is not by any means fully confirmed. Tesla still faces significant difficulties, including slower EV demand, competition from Chinese automakers, and uncertainties regarding autonomous driving rules.After two straight years of decline, Tesla’s vehicle sales are predicted to be unchanged in 2026 at just under 1.7 million vehicles.That would be a big problem for a car company, ordinarily.Still, Tesla stock had gained 45% over the past 12 months going into the Toyota report, even if it was down 8% for the year at that point.That tells you something, investors.Tesla is still getting credit for future businesses that do not dominate its financial results yet.Toyota, by contrast, is being judged on what the auto business really is today. Those realities include tariffs, gasoline costs, currency changes, supply chain risk and consumers who may be less ready to spend significantly on new automobiles.The stock reaction is explained by the disparity between the two storylines.Tesla rallied as investors looked forward. Toyota slipped as investors looked toward near-term pressure.That doesn’t mean Tesla is the safest manufacturer. That makes Tesla the stronger growth story.It doesn’t make Toyota irrelevant, however. Its huge industrial base, hybrid strength and global reach continue to be massive benefits.The lesson from Toyota’s earnings and Tesla’s stock move is more complicated.The future of the car business may belong to those that can combine Toyota’s operational strength with Tesla’s digital ambitions.Toyota has demonstrated it can make and sell cars at a tremendous scale.Tesla has already shown it is possible to transform the way investors think about transportation.Now each one has to show it can learn from the other.For Toyota, that means convincing Wall Street that it can turn size into a credible technological platform. For Tesla, it means demonstrating its AI and robotics goals can be supported by manufacturing performance that justifies its valuation.That’s why the two corporations are getting more connected, not less.They’re not simply fighting for customers.They are determining what the next generation of vehicle producers must become.Related: Toyota is working on a fix for its giant $4.3 billion problem

Professional golfers lead complicated financial lives, with prize money, endorsements, taxes owed to multiple states, and expenses ranging from travel to caddies.

Behind the scenes at the 30th Webbys: Joshua Dudley interviews Don Lemon, Atsuko Okatsuka, and Brooklyn Coffee Shop on journalism, comedy, and digital excellence.

Current mortgage rates are essentially flat. Fixed rates ticked down by just one basis point this week, according to Freddie Mac, putting the 30-year fixed mortgage rate at 6.36% and the 15-year rate at 5.71%.Recent Zillow data found that April was the first month in 2026 that there were more home listings than home sales. This surprised some experts because April is usually one of the most popular months to buy a home.The Zillow report listed high mortgage rates as one reason homebuyers waited on the sidelines last month and said that the housing market could rebound if rates dropped.Which, clearly, they did not. At least not significantly.I don’t deny that mortgage rates are a crucial factor in home affordability. However, as a long-time real estate reporter, I’ve also learned that they aren’t the only factor. Recent data and insights from experts seem to agree with me.John Hummel, head of retail home production at U.S. Bank, says that even though interest rates are high, they’re lower than this time last year, and homebuyers are finally starting to take action.In an interview with TheStreet, Hummel said, “We’re continuing to see that demand for homeownership doesn’t disappear when rates increase, consumers are looking beyond just rates.”High mortgage rates can’t stop homebuyersU.S. Bank shared a recent survey with me, which it conducted in partnership with business intelligence company Morning Consult. In the report, only 17% of surveyed participants said that high mortgage rates were the main factor stopping them from buying a house.The two most prominent barriers to affording a home were high housing prices (31%) and the cost of a down payment (26%).Hummel said this data is “reinforcing that rates are just one piece of the decision-making process when it comes to home buying.”Related: Redfin unveils huge shift in home sales, housing marketAfter reviewing data from multiple sources, I understand why high home prices and down payments are larger barriers than high mortgage rates.Home price growth was actually slowing for about a year. But a Redfin report revealed that year-over-year home sale prices increased by 2.4% in April. This was the largest gain in 13 months.And if homes are becoming more expensive, it stands to reason that minimum dollar amount needed for a down payment is also rising.Meanwhile, mortgage rates may be higher than we’d like, but they’re still lower than this time last year.With high mortgage rates, is it still a good time to buy a house?Yes, it’s still a relatively good time to buy a house overall. Of course, the answer to this question ultimately depends on your personal financial situation and local housing market, but overall, homebuyers are seeing some opportunities right now.As I mentioned, fixed mortgage rates are down since May 2025. According to Freddie Mac, the annual 30-year fixed rate has decreased by 45 basis points, and the 15-year rate has dropped by 21 basis points.Interest rates might still be too high for many homeowners to benefit from refinancing. But a lot of people have starting getting into the home-buying season spirit and applying for mortgage loans.More on mortgages and mortgage rates:The hidden reason mortgage rates won’t drop yetZillow reveals why spring housing market is turning upside downBerkshire Hathaway sends urgent message to home sellersData from the Mortgage Bankers Association (MBA) shows that during the week of May 8, applications for mortgages to buy a new home rose by 4%. This followed two consecutive weeks of application decreases.U.S. Bank has also experienced an uptick in new mortgage applications.”We have seen stronger purchase applications with many buyers who have been sitting on the sidelines taking advantage of an uptick in inventory with the spring selling season upon us,” Hummel told TheStreet.Key takeaways on mortgage rates in 2026So, mortgage rates have been inching up and down for months, and they barely moved this week. What should potential homebuyers expect for the rest of the year?Mortgage rates will probably significantly decrease only once the Iran war ends. At the time of writing, there is no known plan for peace between the U.S. and Iran.The Federal Reserve might not lower the federal funds rate this year. If the central bank keeps its rate unchanged, mortgage rates will likely be relatively steady. If the Fed hikes its rate, home loan rates could increase in response.We can keep an eye on jobs reports and inflation data to get a sense of how the Fed and 10-year Treasury yield will move next. “We’ve seen rates stay relatively flat the past several weeks,” Hummel told TheStreet, “and while we did see a jump in inflation in this week’s report, I suspect the market overall lacks significant new data and continues to take a wait and see approach.” So, if inflation makes more drastic moves over the next couple of months, mortgage rates may shift up or down.Related: Housing market shift offers big opportunities in May 2026

The World Cup runs from June 11 to July 19, with games being played in cities across the U.S., Canada and Mexico. Tickets went on sale in October and have sold for as much as $10,000, with the cheapest options to see the U.S. team running around $1,640.

During the 2026 regular season, the Chiefs will play six times in prime time, which is just one fewer than the seven they played in 2025.

The Green Bay Packers learned their schedule Thursday night. Here are seven takeaways.