NewsSeptember 7, 20268 min read
What do you get when you combine deep uncertainty about the biggest technological bet in a generation, a new crop of inexperienced retail investors whose primary analyst is their social…
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NewsSeptember 7, 20263 min read
Facebook owner Meta Platforms will buy artificial intelligence chips from Advanced Micro Devices in a deal that will also give it the opportunity to buy up to a 10% stake…
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NewsSeptember 7, 20264 min read
U.S. stocks rose Tuesday after getting a reminder that the artificial-intelligence boom may also have an upside. Recommended Video The S&P 500 climbed 0.8% and recovered nearly three-quarters of its sharp…
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NewsSeptember 7, 20263 min read
Home Depot is struggling to beat a stalling housing market as customers delay their home improvement projects, CEO Ted Decker said. Recommended Video While the company defied analysts’ expectations on…
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NewsSeptember 7, 20263 min read
Today, Amazon’s market cap is hovering around $2.2 trillion, and founder Jeff Bezos is one of the world’s richest men, worth nearly $219 billion. Plus, Amazon just snagged the top…
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NewsSeptember 7, 20266 min read
This year marks 100 years of research-quality U.S. stock market returns. How important is this centennial? The movie Moneyball provides a good example. Recommended Video The protagonist of the film,…
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NewsSeptember 7, 20264 min read
S&P 500 futures were up 0.14% this morning after the index closed up 0.77% yesterday, a sign that traders feel that Monday’s 1% decline on fears that AI will trigger…
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NewsSeptember 7, 20265 min read
After meeting in graduate school at MIT, Michael Manapat and Yibo Ling embarked on different career paths. Manapat held chief technical roles at Stripe and Notion, while Ling led finance…
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NewsSeptember 7, 20265 min read
The grandson of the inventor of Reese’s Peanut Butter Cups has lashed out at The Hershey Co., accusing the candy company of hurting the Reese’s brand by shifting to cheaper ingredients…
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NewsSeptember 7, 20265 min read
When a chief executive succession race narrows to just a few contenders, losing doesn’t always mean losing out. Recent CEO contests have resulted in hefty compensation packages for the executives…
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