Sandisk’s stock is rising: Why one analyst says AI could help it reach new heights

Asian stocks rallied on Tuesday after Anthropic filed for an eagerly anticipated initial public offering, reviving enthusiasm for battered AI, tech, and semiconductor shares across the region. South Korea’s KOSPI rose 3.1%, with chipmakers Samsung Electronics and SK Hynix jumping by 4.2% and 5.2% respectively. The rally also drew strength from South Korean economic data…

When companies cut jobs, someone else gets the bill.

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Processing Content Key insight: Fraud victims do not give criminals “actual authorization” to their bank accounts, a judge ruled, allowing a suit against Bank of America to move forward. What’s at stake: When scammers hijack a smartphone app and drain funds from a bank customer’s account, federal consumer-protection safeguards apply, the judge found.  A California…

Lease accounting under ASC 842 has become one of the clearest tests of how ready a firm is for the next era of audit. Processing Content The technical rules are no longer new, but the work remains complex, judgment-heavy and highly visible. It’s also the kind of work where well-designed automation and increasingly capable AI…

Yuliya Taba | E+ | Getty Images The U.S. Department of Education is reevaluating account histories for borrowers pursuing Public Service Loan Forgiveness — in some cases, reducing the number of qualifying payments and pushing those individuals further away from debt cancellation. PSLF, which was created in 2007, wipes away the federal student debt of…