February 22, 2024
“Walmart has agreed to buy TV maker Vizio, the companies announced Tuesday, as the largest U.S. retailer grows its high-profit ad business. Walmart will acquire Vizio for $2.3 billion, or $11.50 per share, in cash. The big-box retailer announced the acquisition as it reported… Continue Reading…
February 21, 2024
“Shares of Taiwan Semiconductor Manufacturing Company reached an all-time high on Thursday after Morgan Stanley lifted the price target on chip designer Nvidia, citing a continued surge in AI demand… Morgan Stanley increased the price target on the U.S. chip giant to $750… Continue Reading…
February 20, 2024
“Gilead Sciences has agreed to buy CymaBay Therapeutics for $4.3 billion, gaining access to an experimental liver disease treatment with blockbuster potential as the U.S. drugmaker looks beyond its older HIV drugs for growth. Shares of the Newark, California-based drug developer jumped 24.6%… Continue Reading…
February 20, 2024
“Big Lots stock was sinking Monday as a Loop Capital Markets analyst downgraded shares of the discount furniture retailer following a Bloomberg report that it is seeking new financing options…” https://www.barrons.com/articles/big-lots-stock-downgrade-analyst-196a3ce9?siteid=yhoof2
February 19, 2024
“Shares of European online payments giant Adyen jumped on Thursday, after the company reported strong sales growth and better-than-expected profit for 2023. Adyen, which competes with Stripe, PayPal, and Block, told shareholders in its 2023 annual letter that it had slowed the… Continue Reading…
February 16, 2024
“…But AI could be creating more work opportunities than it takes. By 2025, the World Economic Forum predicts that while AI may replace around 85 million jobs, it will also create about 97 million new roles. AI’s sudden boom has… Continue Reading…
February 16, 2024
“Decades after automation began taking and transforming manufacturing jobs, artificial intelligence is coming for the higher-ups in the corporate office…” https://www.wsj.com/lifestyle/careers/ai-is-starting-to-threaten-white-collar-jobs-few-industries-are-immune-9cdbcb90 Honestly i think these types of articles are kind of pointless. When the Car was invented all the people with horse… Continue Reading…
February 12, 2024
https://www.wsj.com/business/autos/ford-could-get-50-more-profit-without-evs-553ba3c9 The article is behind a paywall so I’ll just make a few comments. EV’s are garbage. Ford should take a hint and listen to it’s customers. They don’t want EV’s. It’s amazing how Ford could make so much more… Continue Reading…
February 12, 2024
“Credit card debt in the United States increased by $50 billion in the fourth quarter of 2023, according to recent findings from the New York Federal Reserve. The latest report, released Tuesday, found the total credit card balances stood at $1.13 trillion… Continue Reading…
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