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Month: August 2024

Cryptocurrencies

Analysts reset AMD stock outlooks after AI acquisition

AMD wants to take on Nvidia with a $5 billion AI acquisition. On August 19, Advanced Micro Devices  (AMD)  announced the signing of a definitive agreement to acquire ZT Systems, a provider of AI infrastructure. The Read more…

By , 2 years ago August 21, 2024
Cryptocurrencies

Analysts revise Palo Alto Networks stock price targets after earnings

Nikesh Arora wants to set the record straight.  The chairman and chief executive of cybersecurity company Palo Alto Networks  (PANW)  took time during the group’s earnings call to address recent widespread outages in the industry. Read more…

By , 2 years ago August 21, 2024
Cryptocurrencies

Maximize your 401(k), Roth IRA and Social Security for retirement

The past few years have seen heightened market volatility and record inflation, prompting many to worry about their retirement account balances. In a time of economic uncertainty, long-term financial stability is a fair concern. However, Read more…

By , 2 years ago August 21, 2024
Cryptocurrencies

Shawn Fain’s DNC speech was a vicious wake-up call for Detroit automaker

During his primetime speech on the opening night of the Democratic National Convention in Chicago on August 15, 55-year-old UAW president Shawn Fain, a personified representative of the American labor movement, made a completely unexpected Read more…

By , 2 years ago August 21, 2024
Cryptocurrencies

Carl Icahn settles scandal after SEC drops hammer

Executives who make it to the top through the use of sharp elbows often get toppled by someone else’s sharper elbows. Such is the case with famed investor Carl Icahn. The 88-year-old head of Icahn Read more…

By , 2 years ago August 20, 2024
Cryptocurrencies

LVMH CEO turns to AI amid declining sales

LVMH  (LVMHF)  founder and CEO Bernard Arnault decided to expand his horizons by steering away from the luxury aisle to go shopping in the Artificial Intelligence world.  Due to the slowdown in the company’s luxury Read more…

By , 2 years ago August 20, 2024
Cryptocurrencies

Veteran trader who predicted Palantir, SoFi, and Rocket Lab’s rally updates outlook

Hey, Sarge, what’s the story? Veteran trader Stephen “Sarge” Guilfoyle has never been one to hold back: If you want to know what the veteran trader is thinking, he won’t hesitate to tell you. Related: Read more…

By , 2 years ago August 20, 2024
Cryptocurrencies

Harley-Davidson makes a tough decision amid ‘woke’ outrage

Motorcycle manufacturer Harley-Davidson  (HOG)  is attempting to extinguish the fire of “woke” backlash after a group of its consumers began focusing on the company’s supposed policies and beliefs. Outrage against the company erupted in late Read more…

By , 2 years ago August 20, 2024
Cryptocurrencies

Amazon members frustrated with a key product update

One of the best parts about living in the 21st century is our access to millions of products with a simple tap of a button. Or the swipe of a hand, the scan of a Read more…

By , 2 years ago August 20, 2024
Cryptocurrencies

Lowe’s reveals grim outlook on future sales amid concerning trend

Lowe’s  (LOW) has a major challenge on its hands. A significant change in consumer behavior is starting to negatively impact the Home Depot rival’s profits, and the company predicts that the growing trend isn’t going Read more…

By , 2 years ago August 20, 2024

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