Articles

Why AMD’s stock finally faces an attractive setup after a volatile run

TD Cowen says AMD’s data-center business has a chance to shine as pressures ease on other segments.

BNY Mellon downgraded to neutral. It’s now ‘fairly valued,’ analyst says.

Citigroup analyst Keith Horowitz cuts Bank of New York Mellon’s stock from buy as it trades at 2.4 times tangible book value.

Ascend Wellness announces one of the largest debt deals ever among cannabis companies

Ascend Wellness is using proceeds of $235 million debt offering to prepay a three-year note.

Macy’s stock tumbles after takeover talks with Arkhouse and Brigade were ended

Macy’s stock tumbled early Monday, after the department-store chain said it terminated talks with private-equity firms Arkhouse Management Co. LP and Brigade Capital Management LP after failing to reach a compelling deal with committed financing.

Super Micro adds to its résumé, but this bear still has concerns about its stock

The server maker is set to join the Nasdaq-100 index on July 22.

New York Empire State factory gauge contracts for eighth straight month in July

Index falls slightly to negative 6.6, slightly below forecast

Nvidia’s stock gains as an analyst throws cold water on this bearish concern

While some are worried that cloud customers and others could pause to digest Nvidia purchases, TD Cowen finds “quite the opposite” trend.

AutoNation issues profit warning after disruptions from CDK cyberattack

AutoNation said Monday that it expects the recent cyberattack at dealership software company CDK Global to shave about $1.50 off its June quarter per-share earnings.

SolarEdge to cut 400 jobs, or about 7% of its workfoce

Company cites weak market conditions in Europe.

Tesla’s stock jumps again, and it isn’t about EV sales

Tesla’s stock was surging Monday, and has nearly fully retraced last week’s selloff that followed reports of a delay for the EV giant’s Robotaxi event.

Goldman Sachs profit more than doubles on big jump in dealmaking

Bank OK’s 9% boost to quarterly dividend to $3.00 per common share starting in the third quarter of this year.

Do we have a retirement crisis?

The label doesn’t really matter, but we do know that about half of households are not doing so well
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