EBay may dodge a GameStop takeover — but there’s a new twist in the Ryan Cohen saga
Bloomberg says GameStop could propose collaborating with eBay in some way other than a merger. Some analysts doubt whether eBay would benefit much from that…
Good news for stock-market bulls: Corporate earnings growth is no longer being driven just by tech
For years, the S&P 500’s earnings engine had only one driver: the Magnificent Seven. This quarter, the rest of the market has started pulling its weight.…
This Nvidia change could spell good news for Micron
An analyst says that Nvidia’s move to downgrade some chip capabilities could end up boosting consumption of highbandwidth memory. Source:MarketWatch
Fed Chair Kevin Warsh promises 2% inflation, but skyrocketing U.S. debt makes that a pipe dream
Uncle Sam needs inflation, not just economic growth, to escape today’s debt crisis. Source:MarketWatch
Microsoft’s stock is charging back. Here’s the case for it to rally another 30%.
Think Microsoft is overspending on AI? A Bernstein analyst says the company is actually taking a “measured” approach. Source:MarketWatch
2 charts showing just how insane the stock market’s August ‘crash-up’ has been so far
Many investors were caught flatfooted when stocks suddenly jerked higher late last month, as a dramatic July momentum unwind ended with a hint of optimism.…
Archer strikes deal with Boeing in latest bid to transform aviation through AI
Archer Aviation’s stock is flying higher after the company agreed to buy three business units from Boeing. Source:MarketWatch
‘Disappointing’ — crypto advocates react to delay in CLARITY vote
Following a procedural delay in the US Senate, lawmakers are expected to address a major crypto market structure bill after they return from a monthlong…
Bitcoin price slip wipes weekend gains as oil surge hits 5% on Hormuz disappointment
Bitcoin wobbled with US stocks as Iran deflated hopes on the reopening of the Strait of Hormuz oil route, while analysis praised “exceptionally strong”…
17 S&P 500 companies with growing revenue and profit margins — and some of their stocks are cheap
These companies increased their quarterly sales per share by at least 40% while expanding their gross profit margins and their operating margins.…
SpaceX’s stock moves above its IPO price for the first time in almost a month
SpaceX shares have been clawing their way back in recent days but remain well off their highs. Source:MarketWatch
Taylor Farms recalls jalapeño-based foods in 26 states amid ongoing salmonella outbreak
The farming giant said this includes salsas, guacamole and pimento cheese dips. Source:MarketWatch