Tag: business news
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Cash is no longer king in home sales
Cash buyers are a diminishing share of the overall housing market, as more supply and weaker prices give them more purchasing power.
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We’re trimming our position in an AI stock to protect our profits
This is our second sale in as many days to reduce our exposure to the theme.
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World Liberty Financial CEO Zach Witkoff says success of stablecoin silences charge of Trump cronyism
Zach Witkoff, CEO of Trump-linked World Liberty Financial, said conflict-of-interest concerns related to the Trump family are misplaced.
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A lesser known area of the AI market is set for its biggest boom since 2022. Buy this stock to play the trend, Morgan Stanley says
The investment bank upgraded software cybersecurity name to overweight from equal weight.
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Netflix is primed to move higher as viewer engagement improves, Wolfe Research says
Investors should shrug off concerns around Netflix’s viewer engagement as the stock is set to bounce, according to Wolfe Research.
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Bugatti CEO Mate Rimac says the future of supercars is old-school combustion engines
Bugatti CEO Mate Rimac told CNBC he thinks high-end sports cars will continue to have combustion engines “for a very long time” even with the rise of EVs.
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OpenAI bans Russian ChatGPT accounts used in covert misinformation campaign
The AI company said the incident “illustrates how influence actors can use AI as a supporting tool within a broader effort to manufacture authority.”
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Dick’s Sporting Goods stock falls 15% as retailer misses expectations, cites ‘challenging’ footwear market
Dick’s Sporting Goods reported second fiscal quarter earnings on Tuesday that missed Wall Street expectations amid what it called a “challenging” environment.
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Buy this semiconductor stock that could soon overtake Intel in CPU market, Raymond James says
The investment firm upgraded the semiconductor name to strong buy from outperform.
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New Delhi draws in $73 billion in 11 weeks, powered by special deposits for non-resident Indians
India has attracted inflows of $73 billion in 11 weeks, driven mostly by foreign currency bank deposits made by non-resident Indians.
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