AI could hit consumers’ ability to manage their debt. Here’s the trade.
If AI causes workers to lose their jobs then households face credit stress Source:MarketWatch
Here’s the math on Amazon CEO’s claim to be on path to two trillion-dollar revenue businesses
Amazon chief executive Andy Jassy set a bold target on the conference call announcing thirdquarter earnings. Source:MarketWatch
‘He was heartbroken’: My husband’s kids abandoned him when he was dying. Was he right to leave everything to me?
“In the end, he left them a few sentimental mementos, some collectibles and old photographs.” Source:MarketWatch
Here’s when Binance plans to reopen after what’s believed to be the largest-ever $6.3 billion hack
Binance has vowed to get the exchange back up within a couple of days after a record $6.3 billion heist, which has rattled the industry and investors.…
‘There’s a lot of hurt between us’: My father’s caregiver is using his debit card for DoorDash orders. What can I do?
“I suspect the livein caregiver is benefiting from my parent’s generosity.” Source:MarketWatch
Solidcore founder Anne Mahlum plans enormous 10-bedroom ‘dream home’
Solidcore founder Anne Mahlum is thinking big for her next home—a sprawling, 10bedroom property designed around entertaining, family life, and her love of…
Amazon’s bold cloud forecast isn’t enough to stave off a stock drop
Modest AWS results and weak advertising growth left Wall Street disappointed in Amazon’s thirdquarter earnings Source:MarketWatch
Why Intel’s stock is sinking toward its worst drop in two years
Intel’s PC business is under pressure as memorychip prices dent demand and as corporate IT teams have less budget for laptops. Source:MarketWatch
A Starbucks turnaround is brewing — but perhaps not quickly enough
The coffee chain beat expectations on a key sales metric, but its stock was still moving lower. Source:MarketWatch
Sandisk sees revenue nearly quintuple — and its stock is heading higher
Sandisk’s earnings show that the company is growing quite profitably. Source:MarketWatch
The stock market’s best forecasting tool says returns over the next 10 years will be dismal
The average U.S. household’s equity allocation is at an alltime high, and that doesn’t bode well, according to the ‘Single Greatest Predictor’…
Microsoft to raise up to $25 billion in bond market as investors get pickier about AI debt binge
What’s changed since the summer is which companies investors want to back in the AI race — and at what level. Source:MarketWatch