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Morgan Stanley says Alphabet’s custom-chip business is undervalued as the company plans data-center expansion through 2028, calling the stock dip a buying opportunity.
Medicare begins covering obesity drugs July 1, unlocking a major new market for Novo Nordisk and Eli Lilly while raising federal spending questions.
Stock futures pointed higher Monday as tech rebounded from weekly losses. Oil rose modestly after U.S.-Iran military exchanges, while Comcast surged on split plans.
Samsung and SK Hynix plan a combined $518 billion chip manufacturing hub in South Korea, targeting surging demand from AI hardware makers.
Tech stocks suffered one of their worst weeks of the year as investors began demanding real returns from massive AI spending, not just promises of future payoff.
The BIS flags rising public debt, financial fragilities, and AI investment sustainability as compounding global risks demanding disciplined policymaking.
Medicare begins covering obesity drugs July 1, unlocking a major new market for Novo Nordisk and Eli Lilly while raising federal spending questions.
The BIS flags rising public debt, financial fragilities, and AI investment sustainability as compounding global risks demanding disciplined policymaking.
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Morgan Stanley says Alphabet’s custom-chip business is undervalued as the company plans data-center expansion through 2028, calling the stock dip a buying opportunity.
Cape Verde drew 0-0 with Saudi Arabia to become the smallest nation ever to reach the World Cup knockout round, advancing on three consecutive draws.
A new AP-NORC poll finds most Americans face daily scam attempts, and about 3 in 10 have lost money or personal data to fraud.
Finance
Stock futures pointed higher Monday as tech rebounded from weekly losses. Oil rose modestly after U.S.-Iran military exchanges, while Comcast surged on split plans.
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Some home sellers want OpenAI or Anthropic shares instead of cash. The valuation, tax, and legal obstacles make it far harder than it sounds.
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Jay Woods of Freedom Capital Markets breaks down bull market health, rising margin debt risks, and Federal Reserve leadership uncertainty for investors.
