“Speed of light.” That’s a phrase that gets thrown around in corporate turnaround stories so often that it has almost lost meaning: “We’re moving faster.” Most of the time, it is conference room language — Read more…
Advanced Micro Devices (AMD) stock closed the May 22 trading session 3.99% up at $467.51, hitting its all-time high. The stock has rallied and made impressive year-to-date gains of 118.3% at the time of writing, Read more…
The AI chip race has produced a handful of clear winners. Broadcom is one of them. But the question heading into its next earnings report is no longer about whether it is a top AI Read more…
When most restaurant chains have been sounding the alarm on the American consumer, Starbucks just posted one of its strongest quarters in recent memory. The numbers were hard to ignore. Global comparable store sales grew Read more…
Paul Tudor Jones doesn’t appear to be locked into one stock. That may be the real story. The billionaire investor’s Tudor Investment Corp. reported a massive first-quarter options book that includes big stakes connected to Read more…
Changes in Wall Street price targets usually arrive in small increments. A few dollars up, a few dollars down, and sometimes a rating left untouched. UBS skipped that script with Jazz Pharmaceuticals (JAZZ). On May Read more…
For most of American economic history, the federal government has been a customer of innovation, not an owner of it. The Pentagon writes checks for fighter jets. NASA pays contractors to build rockets. The Energy Read more…
Once a company gets placed into a receivership, the owners lose control and, in most cases, the decisions made benefit creditors first. “A receivership was traditionally intended to help creditors recover amounts outstanding under a Read more…
Jamie Dimon does not mince words. He never has. The JPMorgan Chasechairman and chief executive officer has spent decades writing some of the most closely read annual letters on Wall Street. His 2025 shareholder letter Read more…
It may be hard to believe now, but a few decades ago secondhand shopping carried a stigma. Filling your wardrobe with finds from Goodwill or Buffalo Exchange often said something about your household’s income level Read more…