AMC Entertainment 'Must' Conserve Cash Amid Losses, Wedbush Says
Data center services are witnessing outsized demand as the AI revolution unfolds.
It appears GameStop meme investors got suckered — again. Investors who jumped into the latest online frenzy over shares of the struggling video game retailer lost $13.1 billion in just three days from the mania's high, says an Investor's Business Daily analysis of data from S&P Global Market Intelligence and MarketSurge. It's been a costly lesson for investors, some of which may have lost billions the last time on GameStop and other highly shorted stocks touted on social media.
In his 2016 letter to Berkshire Hathaway shareholders, legendary investor Warren Buffett wrote, “Every decade or so, dark clouds will fill the economic skies, and they will briefly rain gold. When downpours of that sort occur, it’s imperative that we ...
Despite a strong start to the year for stock markets, investors in Starbucks (NASDAQ:SBUX) have been left bitterly disappointed with its shares down by approximately 20% at the time of this writing. After the earnings miss, Laxman Narasimhan, the new CEO of Starbucks, appeared on Jim Cramer's Mad Money to try and explain both the results and the company's path forward. Don't Miss: Startup behind ‘the #1 free contractor app' grows 162% YoY, opens its doors for investors at a $100 minimum. Invest
Consumer prices climbed 3.4% year-on-year in April.
The software giant goes with Nvidia's rival for a platform of AI chips.
Buffett's mystery stock is finally revealed.
JPMorgan fell below a buy point after CEO Jamie Dimon hinted at retirement. The Dow Jones giant also lifted its net interest income forecast.
Prominent billionaire investors shockingly sent two premier income stocks to the chopping block in the March-ended quarter, while piling into a monthly dividend payer with a nearly 15% yield.
Nvidia's last stock split occurred amid similar circumstances.