Stock Update
GME stock has proved it can still 'meme'
The retailer’s viral “peace treaty” between Xbox, PlayStation, and Nintendo lit up social media
Read more about GME stock has proved it can still 'meme'
Wall Street bullish on Qualcomm’s entry into data center race, but there's a catch
Qualcomm (QCOM) went all-in on the data center race on Monday, announcing the launch of the Qualcomm AI200 and AI250 chip-based accelerator cards and racks
Read more about Wall Street bullish on Qualcomm’s entry into data center race, but there's a catch
Citigroup partners with Coinbase to bring digital asset payments to institutional clients
Citigroup (C) announced on Tuesday that it will be collaborating with Coinbase (COIN) in an effort to develop digital asset payment tools for the bank’s institutional clients.
Read more about Citigroup partners with Coinbase to bring digital asset payments to institutional clients
Bank of England sounds alarm on financial stability risks due to AI bubble
The Bank of England (BOE) has expressed concern about the soaring valuations of AI companies as investors increasingly bet big on a future payoff that may never happen.
Read more about Bank of England sounds alarm on financial stability risks due to AI bubble
GameStop bets big on Pokémon to power its comeback
Leaked drop schedules reveal GameStop’s massive holiday push into Pokémon trading cards
Read more about GameStop bets big on Pokémon to power its comeback
Rivian agrees to pay $250M to settle class-action lawsuit over allegedly misleading investors
Rivian Automotive said in an SEC filing on Friday that it has agreed to pay $250 million to settle a class action lawsuit related to its 2021 IPO.
Read more about Rivian agrees to pay $250M to settle class-action lawsuit over allegedly misleading investors
Economists say AI's boom is the only thing saving US economy
When Nvidia entered into a 100 billion partnership with OpenAI, Nvidia founder and CEO Jensen Huang said it was more than a corporate deal
Read more about Economists say AI's boom is the only thing saving US economy
Van Eck becomes second Core Scientific shareholder to publicly oppose CoreWeave merger
“VanEck, now CORZ's 28th-largest shareholder (2.2M shares), will vote AGAINST the $CRWV deal,” Van Eck said
Read more about Van Eck becomes second Core Scientific shareholder to publicly oppose CoreWeave merger
Will AI inbreeding pop the everything bubble?
As models train on their own synthetic output, researchers warn of “model collapse.”
Read more about Will AI inbreeding pop the everything bubble?
Wall Street’s next crisis may already be brewing, and BoA says it could lead to forced selling
From a subprime lender’s collapse to mounting strain in bank stocks, Wall Street strategists say a credit shock could spark forced selling and tip the S&P 500 into a long-overdue correction.
Read more about Wall Street’s next crisis may already be brewing, and BoA says it could lead to forced selling
Eagle Bancorp: The next credit crack-up may be brewing
Fresh off the collapses of subprime auto lender Tricolor and auto parts supplier First Brands, the stress in private credit appears to be spreading into commercial real estate (CRE).
Read more about Eagle Bancorp: The next credit crack-up may be brewing
Applied Digital lands a $5B lease deal with hyperscaler at its planned North Dakota campus
Applied Digital (APLD) said this week that it had entered into a lease agreement with a US-based “investment grade” hyperscaler for its Polaris Forge 2 campus in North Dakota.
Read more about Applied Digital lands a $5B lease deal with hyperscaler at its planned North Dakota campus
How far can Beyond Meat go as a meme stock?
While Beyond’s stock might not be favored by Wall Street, it is the most watched on Stocktwits
Read more about How far can Beyond Meat go as a meme stock?
Quantum stocks surge despite Trump official denying talks of equity stakes
Quantum companies are in talks with the Trump administration about the US Commerce Department taking a stake in the company in exchange for federal funding
Read more about Quantum stocks surge despite Trump official denying talks of equity stakes
Wall Street is quietly dumping homes, and finally giving buyers a chance
After years of outbidding everyday Americans, institutional landlords are now net sellers for the sixth quarter
Read more about Wall Street is quietly dumping homes, and finally giving buyers a chance
Investors are quietly betting on a stealth jumbo-sized rate cut
Open interest in SOFR calls has tripled since July, with markets now pricing in a jumbo 50-basis-point cut
Read more about Investors are quietly betting on a stealth jumbo-sized rate cut
Google made a breakthrough that’s a ‘significant step’ for quantum computing
Alphabet’s Google (GOOG) said on Wednesday that it has achieved a “major algorithmic breakthrough”
Read more about Google made a breakthrough that’s a ‘significant step’ for quantum computing
“When the next crash hits, this will be the sign” — Advisor sounds alarm as leveraged ETFs hit record highs
From record leveraged ETFs to stretched Big Tech valuations, the market’s late-cycle mania shows investors have stopped asking how high is too high
Read more about “When the next crash hits, this will be the sign” — Advisor sounds alarm as leveraged ETFs hit record highs
The profit paradox: Why unprofitable small-caps are leading the stock market
Since Trump’s “Liberation Day” tariffs, companies with negative earnings per share (EPS) have outperformed those with positive EPS
Read more about The profit paradox: Why unprofitable small-caps are leading the stock market
Stock market is approaching a tipping point that marked prior peaks, BoA warns
Analysts continue to warn that the S&P 500 looks “frothy”
Read more about Stock market is approaching a tipping point that marked prior peaks, BoA warns
