Analysis
Coherent Fell 12% and Lumentum 7% as the AI Optics Policy Trade Unwound Into Earnings
On August 4, a report that the Federal Communications Commission was drafting an import…
Author: Scott Allan
Author: <span>Scott Allan</span>
Analysis
GameStop Told Its Own Noteholders They May Short the Stock That Prices Their Payout
Buried in the disclosure for GameStop’s $1.4 billion debt-for-equity swap is a sentence that…
AI
Brussels Wrote AI Rules a Year Ago and Only Just Got the Power to Enforce Them
For twelve months, the European Union had binding obligations on general-purpose AI models and…
Markets
Intel Gained 12.7% in a Week on a Customer List Nobody Will Confirm
Intel closed Friday at $101.65, up $11.45 on the week, a 12.7% run that…
Economy
Payrolls Fell 23,000 and the Rates Market Repriced a Fed That Refuses to Guide It
Nine days ago the market was positioned for a September rate hike. On Friday…
Business
Washington Will Pay RWE $1.22 Billion Not to Build 7 Gigawatts of Offshore Wind
The Interior Department agreed this week to pay RWE $1.22 billion to relinquish three…
AI
Anthropic Is Hiring Chip Designers at $485,000 to Stop Renting Its Margin From Nvidia
Anthropic confirmed this week that it is standing up an in-house custom silicon team…
Advertising & Marketing
The Trade Desk Guides to a 12% Revenue Decline and Loses a Fifth of Its Value
The Trade Desk told investors on Thursday to expect third-quarter revenue of “at least…
AI
Shopify Jumped 25% on AI Orders It Spent Nothing to Build
Shopify reported second-quarter revenue of $3.58 billion on Wednesday, up 34% from a year…
Economy
Brent Crossed Back Above $80 on the Day the Hormuz Deal Looked Closest
Brent crude settled 1.49% higher at $80.54 a barrel late Wednesday, hours after Houthi…