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Cleveland Cliffs (CLF) Nears Earnings, Is It A Bargain?
Simply Wall St.35d agoneutral
Cleveland Cliffs (CLF) Nears Earnings, Is It A Bargain?

Cleveland-Cliffs (CLF) heads into its July 23 earnings report with rising expectations for improved earnings and revenue year over year, while recent share declines highlight mixed sentiment around the upcoming results. See our latest analysis for Cleveland-Cliffs. The Cleveland-Cliffs share price has come under pressure recently, with a 30 day share price return down 26.81% and a year to date share price return down 31.76%. The 1 year total shareholder return is down 2.11%, pointing to...

IBM CEO Arvind Krishna Has Nowhere to Hide From AI
The Wall Street Journal35d agoneutral
IBM CEO Arvind Krishna Has Nowhere to Hide From AI

The problem for IBM Chief Executive Arvind Krishna is that things are going too fast and too slow—all at the same time—and he’s stuck in the middle. Krishna bet big on a hybrid-cloud approach in response to the rise of hyperscalers and has long sold investors on IBM’s role in quantum computing—a next-generation technology he says is three to five years away. While the biggest tech companies’ cloud businesses have helped position them to adapt to AI, many, like Krishna, find themselves trying to manage legacy businesses even as they struggle to keep pace with emerging, pure-play rivals.

Jim Cramer says it's not the time to buy surging AI stock
TheStreet35d agobullish
Jim Cramer says it's not the time to buy surging AI stock

Wall Street rewards patience just as often as conviction. Here, the smartest move isn't buying more but knowing when to wait. I make more money in the market by sitting on my hands than I make by trying to be part of every move. Jim Cramer spent just a few seconds on July 16 explaining that ...

Investing.com35d agoneutral
Does ‘token shock’ hurt AI adoption?

Investing.com -- Rising consumption costs could slow enterprise adoption of generative and agentic artificial intelligence, as companies struggle to match growing token usage with measurable returns, Bernstein said in an analyst report.

Warren Buffett’s Alphabet bet eases bigger Berkshire fear
TheStreet35d agoneutral
Warren Buffett’s Alphabet bet eases bigger Berkshire fear

Warren Buffett’s decision to start building a stake in Alphabet is being seen as a late-career imprimatur for artificial intelligence. For stockholders in Berkshire Hathaway (BRK.A) (BRK.B), it could have a more crucial message. Buffett relinquished the CEO title on Jan. 1, passing the baton to ...

The Investors With a New Way to Win in Silicon Valley
The Wall Street Journal35d agoneutral
The Investors With a New Way to Win in Silicon Valley

Yasmin Razavi holds an unusual position: She is the only outside investor on Anthropic’s board of directors. The general partner at Spark Capital invested in Anthropic relatively late by traditional venture capital standards, leading the company’s Series C financing in May 2023, its third round and two years after siblings Dario and Daniela Amodei left OpenAI to found it amid concerns over AI safety. Razavi is part of a new generation of investors transforming venture capital.

Does Sandisk pay dividends? Will it split its stock?
TheStreet36d agoneutral
Does Sandisk pay dividends? Will it split its stock?

Sandisk was spun off as a separate, independent company by Western Digital in 2025, about a decade after it was purchased. The two now operate as independent, publicly traded companies, with Sandisk focusing on manufacturing flash storage cards, while Western Digital focuses on making hard disk ...

Investing.com36d agoneutral
Is AI now the main driver of China’s growth?

Investing.com -- China’s artificial intelligence sector has become a key driver of economic growth, accounting for more than half of the country’s quarter-on-quarter expansion in the second quarter, according to an analysis by Capital Economics.

Walmart beats Costco at its own game
TheStreet36d agobullish
Walmart beats Costco at its own game

Costco has a simple business model. It sells memberships, and only members can shop in its stores. In exchange for paying $65 for a Gold membership or $130 to be an Executive member, which comes with added perks, including 2% cash back on most purchases, members get low prices. Costco generated ...

GameStop owns nearly 10% of eBay, SEC filing shows
Reuters36d agoneutral
GameStop owns nearly 10% of eBay, SEC filing shows

Videogame retailer GameStop owns nearly 10% ‌of e-commerce company eBay, the ‌company said in a regulatory filing ​late on Friday, nearly three months after making an unsolicited offer to buy eBay ‌for roughly $56 ⁠billion. GameStop said it owns 43.4 million outstanding shares ⁠of eBay, or 9.8%, marking a dramatic increase in ownership ​from early ​May ​when GameStop CEO ‌Ryan Cohen told eBay's board chairman "we have accumulated a 5% economic stake" through derivatives and beneficial ownership. GameStop bought 3.5 million ‌eBay shares for ​roughly $381 million last ​month ​and said it settled ‌39 million eBay ​shares from ​put/call pairs on Friday.

Top analyst resets Apple stock price target ahead of earnings
TheStreet36d agoneutral
Top analyst resets Apple stock price target ahead of earnings

Apple shares hit an all-time high of $334.68 on July 16. The stock was up 23% on the year, the product pipeline was looking unusually stacked, and most of the analyst community already had a Buy on it. Then, on July 17, one of the banks that had been sitting on the sidelines decided it had seen ...

Tech, Media & Telecom Roundup: Market Talk
The Wall Street Journal36d agoneutral
Tech, Media & Telecom Roundup: Market Talk

Find insight on settlement between Apple and the DOJ, Netflix, Tech Mahindra and more in the latest Market Talks covering technology, media and telecom.

JPMorgan slashes Coinbase price target
TheStreet36d agoneutral
JPMorgan slashes Coinbase price target

JPMorgan has slashed its price target on Coinbase Global Inc. (NASDAQ: COIN) to $196 from $283. This is nearly a 31% cut, while maintaining an "Overweight" rating on the largest U.S. crypto exchange. The revision, led by analyst Kenneth Worthington, still implies roughly 24% upside from the ...

China’s Moonshot AI Adds to Chip Investors’ Worries
The Wall Street Journal36d agobearish
China’s Moonshot AI Adds to Chip Investors’ Worries

The surprise release of a breakthrough artificial-intelligence model from China intensified a selloff in chip stocks on Friday, fueling concerns about competition in AI and massive corporate spending that underpins its build-out. Tech stocks led a Friday selloff that by late afternoon had broadened to envelop 10 of 11 sectors in the S&P 500 index. The latest trigger was China’s Moonshot AI, which unveiled its Kimi K3 large language model on Friday.

How to Earn $500 a Month From Alcoa Stock Ahead of Q2 Earnings
Benzinga36d agoneutral
How to Earn $500 a Month From Alcoa Stock Ahead of Q2 Earnings

Alcoa Corporation will release its second-quarter earnings report after the closing bell on Thursday, July 16. Analysts expect the company to report quarterly earnings of $2.19 per share, up from 39 cents per share in the year-ago period. The consensus...

Nasdaq Drops Again as Chip Slump Deepens
The Wall Street Journal36d agobearish
Nasdaq Drops Again as Chip Slump Deepens

MARKETS PM NEWSLETTER This is an edition of the Markets P.M. newsletter, a recap of the day’s most important markets moves, delivered after the closing bell. If you’re not subscribed, sign up here. What Happened in Markets Today The chip-stock selloff deepened, dragging the tech-heavy Nasdaq down 1.