Tag: business news
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Meta debuts first AI coding agent to take on Anthropic and OpenAI
Meta released its first coding agent called Muse Code as the company ramps up its investments in AI models and services to try and take on Anthropic and OpenAI.
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The worst may be over for beaten-down Adobe shares. These charts show why
A more attractive risk/reward opportunity may be emerging for long-term investors in the software stock.
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Flutter shares plummet on earnings miss and another key leadership change
FanDuel, Flutter’s most important business, has been losing its dominance in market share in the United States.
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SpaceX’s earnings are not helping its stock, but Nvidia is getting a boost
Hyperscalers’ pain at the level of capex is a chipmaker’s potential gain
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Google’s AI reshuffle: Chief scientist Jeff Dean exits and Demis Hassabis steps down as DeepMind CEO
Google’s AI divisions are getting reshuffled, the search giant announced on Wednesday.
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Tanger CEO says World Cup drove up traffic, sales this summer
Tanger CEO Stephen Yalof told CNBC that the company saw increased store traffic and sales this summer because of the World Cup.
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SpaceX moon crash is a perfect metaphor for rocket maker’s share price, analysts say
Parts of a SpaceX rocket reportedly crashed into the Moon on Wednesday
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We’re pocketing gains in two tech stocks that are hitting new record highs
Even though the fundamentals look more promising, we want to be disciplined about rallies in the stocks and take profits along the way.
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Bank of America spends $250 million a year on GLP-1 drugs for its employees, CEO says
Employers have grappled with soaring demand for GLP-1 drugs such as Ozempic and Wegovy, which can cost thousands of dollars per patient annually.
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Chipmaker Broadcom is breaking out. How Tony Zhang is trading it
Broadcom is growing AI semiconductor revenue at triple-digit rates, converting nearly half of revenue into free cash flow, writes Tony Zhang.
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