Articles

AMD is doing better in AI than Wall Street thinks, this analyst says

After Advanced Micro Devices Inc.’s disappointing earnings forecast last quarter, Wall Street soured a bit on the company’s potential in the artificial-intelligence-chip market, but Benchmark Research believes in AMD’s increasingly competitive stance.

Analyst brushes aside ‘DOGE’ jitters surrounding Iron Mountain’s stock

JPMorgan reiterates overweight rating and places information-management stock on positive-catalyst watch after Iron Mountain hikes its dividend.

Anthony Scaramucci was a hot Wall Street manager last year thanks to crypto. Now he sees bitcoin hitting $200,000 — this year.

The manager says Trump’s meme coin and other cypto-related actions have “slowed down positive crypto regulation.”

Stoke Therapeutics and Biogen in pact for treatment for severe form of childhood epilepsy

Stoke will receive $165 million upfront and may get up to $385 million in milestone payments.

GameStop’s stock extends rally, after plan to sell some international operations

GameStop’s store counts in Canada and France have been shrinking for years, and sales in Canada represent just over 5% of the total.

Videogame giants are becoming disconnected from players — and profits

Sony, Electronic Arts and Ubisoft reflect an industrywide misunderstanding (or perhaps disregard) of what gamers value.

Tell your adult children about your wealth — just don’t tell them everything

Some parents might be concerned that their children will want more and do less.

Medtronic credits heart-surgery-device growth as profit tops analyst estimates

Medtronic said it is “starting to see the results” of its investment in new products.

Oil prices lifted after drone attack on Russian pipeline

Oil futures were lifted Tuesday, finding support after a drone attack by Ukraine on a pipeline carrying crude from Kazakhstan across southern Russia curtailed flows.

Memo to the Fed: Focus on inflation, not the stock market

Officials’ speechmaking can get in the way of effective policymaking.

Last week showed the stock market has moved on from obsessing about inflation. Here’s the new playbook.

Neuberger Berman advises investors move on from inflation worries and focus on growth expectations instead.

Southwest Airlines to cut 1,750 corporate positions in first nonvoluntary layoffs in 53-year history

Southwest Airlines says it seeks to cut costs and create a leaner company able to compete .
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