‘Big Short’ investor Steve Eisman warned that falling AI prices, moderating usage and data-center obstacles could expose weaknesses across the stock market, where AI has become a dominant investment t[...]
Read moreArticles written by Namrata Sen
‘Best Midterm Strategy’ for Stocks? Turn Off the TV and Buy on Election Day, Says Analyst
U.S. stocks may find relief after November’s midterm elections, with historical market patterns pointing to potential gains regardless of which party wins, say analysts. The S&P 500 has gained an[...]
Read moreAnthropic Is Chasing a $2T Valuation — A Wall Street Veteran Says Its Biggest IPO Risk Isn’t..
The biggest risk after Anthropic’s IPO would be its “revenue quality,” which is a structural mismatch in the business that may be hidden by the current run-rate, says Dr. Chan Ahn, Founder and CEO of[...]
Read moreOzempic For $50 a Month? Amazon Pharmacy Rolls Out Cheap Weight-Loss Drugs for Medicare Patients
Amazon.com Inc.‘s (NASDAQ:AMZN) Amazon Pharmacy will offer eligible Medicare beneficiaries weight-loss drugs for $50 per month through a new federal program aimed at expanding access. The company anno[...]
Read moreMeta, Google, Snap in Spotlight: Crackdown On ‘Harmful’ Social Media for Under-16s
UK Prime Minister Keir Starmer is reportedly planning to announce a ban on “harmful” social media platforms for children under 16, while still allowing access to safer platforms. Starmer’s decision to[...]
Read moreIs Paramount’s $110 Billion Warner Bros. Discovery Mega-Merger Getting Closer to DOJ Approval?
The proposed $110 billion acquisition of Warner Bros. Discovery (NASDAQ:WBD) by Paramount Skydance (NASDAQ:PSKY) may win the Department of Justice (DOJ) approval after antitrust talks reportedly signa[...]
Read moreTACO Trade Joke No More? Trump’s Art of the Deal’ Powers S&P 500’s Steepest Highs and Lows
President Donald Trump‘s policy decisions and commentary drove the five best and worst days of the U.S. stock market during his second term, according to an analysis by Tom Lee‘s asset management firm[...]
Read moreForget AI Bubble, Says Former White House Economist, Flags Three ‘Prolific Killers’ Of The Economy
Dr Tyler Goodspeed, chief economist of ExxonMobil (NYSE:XOM) and the former chair of the Council of Economic Advisers in the first Trump administration, has provided an in-depth analysis of the histor[...]
Read moreAMD Backs $300 Million Loan for Crusoe’s AI Chip Deployment, Mimicking Nvidia’s Strategy: Report
Advanced Micro Devices (NASDAQ:AMD) has reportedly agreed to guarantee a $300 million loan for cloud computing startup Crusoe. AMD has proposed a deal to buy back its chips from Crusoe if the startup[...]
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