Steve Eisman Warns AI Trade Hinges on OpenAI and Anthropic Concentration
Steve Eisman, the investor who shorted subprime mortgages before the 2008 crash, warned on a September 21 podcast that 70%…
Stock Market News
Latest stock market news covering equities beyond the Magnificent 7 — sector earnings, IPOs, M&A activity and broader market moves.
Costco earnings put US consumer resilience to the test
Costco reports fiscal fourth-quarter earnings after Thursday's close. Beyond the headline EPS number, traffic, memberships, and spending mix will help…
Intel jumps 13% as CPU stocks rally on AI agent demand
Intel jumped more than 13% to about $123 a share on Monday, leading a broad rally in CPU-focused chip stocks….
Paramount settles states’ antitrust lawsuit, clearing path for $110 billion Warner Bros Discovery merger
Paramount Skydance has settled a lawsuit brought by a coalition of US states, clearing a major hurdle to its $110…
Broadcom CEO Reaffirms $115 Billion and $230 Billion AI Revenue Targets After Anthropic-Driven Selloff
Broadcom CEO Hock Tan told CNBC on September 14 that the chipmaker's AI semiconductor revenue targets of $115 billion for…
