Micron, Sandisk and other AI stocks are falling hard: ‘Investors don’t like uncertainty’
Wall Street is digesting the prospect of a slower AI buildout in the wake of the midterm election results.
Wall Street is digesting the prospect of a slower AI buildout in the wake of the midterm election results.
Earnings call transcript: Sandvik posts record Q2 2026 results as shares fall 9%
Key insight: Technological and structural changes mean chartering is unlikely to return to pre-crisis levels. Supporting data: From 2010 through 2024, fewer than seven de novo banks were chartered annually on average, compared with 185 per year from 1960 through 2006. Expert quote: “Although economic and regulatory policy changes may be able to increase the…
Asian Markets Steady as Investors Await US Jobs Data and Monitor Oil Prices Market Overview and Key Influences By Stella Qiu Asian Market Performance SYDNEY, Aug 7 (Reuters) – Asian shares held their breath on Friday for U.S. jobs data that could prove pivotal for next month’s interest-rate decision by the Federal Reserve, while rising…
Volvo Cars posts smaller profit for the second quarter
Key Insight: Here’s why Intuit hired Dixie McCurley to lead its strategic shift toward accountants. What’s at Stake: Whether Dixie McCurley can convince skeptical accountants that Intuit’s strategic pivot is genuine. Expert Quote: “…treating the firm as a customer is not just a statement…” — Dixie McCurley, Intuit Intuit, seeking to repair its somewhat tense…
Cross-border payments company Nium has debuted a stablecoin-focused funding program. USDC funding lets businesses finance their Nium accounts with the USDC stablecoin and pay out in fiat, thus extending the company’s payout network to businesses holding stablecoins, the company announced Thursday (Aug. 27). “For years, moving money across borders has meant a familiar trade-off: prefund…