Business

Business
Business

5-star analyst revamps Broadcom stock price target after earnings

Broadcom (AVGO) has been one of the most rewarding AI stocks in recent months, but its latest earnings report left investors wanting more. The semiconductor and software giant dished out another superb quarterly showing in Q2, extending its impressive streak of posting beats across both lines. Sales jumped sharply year-over-year, while profits continued to grow

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Business

Exxon (XOM) roars back as one Iran headline reignites oil

For most of last week, oil was sliding down and energy stocks followed in the same direction. Traders had bet a U.S.-Iran deal would calm the region and reopen shipping lanes, so crude price fell lower for days, and Exxon Mobil (XOM) fell with it, closing red for seven straight sessions. Then one headline out

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Business

Mastercard (MA) flashes major signal on New York BitLicense

Most traditional finance companies treat crypto as a side project. They run a pilot, publish a press release, and move on. Mastercard (MA) has spent the past two months doing something harder. First, it spent up to $1.8 billion to buy a stablecoin firm. Then it got licensed to handle digital assets in New York,

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Business

After bankruptcy, iconic seafood chain closes flagship restaurant

An iconic American seafood chain is preparing to close a restaurant in one of the world’s most visited tourist districts. It marks the end of a 23-year run at a prominent urban location as the company continues navigating the aftermath of bankruptcy, rising operating costs, and a broader effort to reshape its business. After nearly

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Business

Strip-mall fashion giant quietly closed 246 stores, plans more

Contrary to the popular narrative that the American mall is dead and the retail apocalypse is absolute, industry data paint a startlingly different picture: a massive visitor gap between tiers and a brutal real estate squeeze.  While traditional indoor malls are bleeding legacy retailers, neighborhood open-air strip malls are seeing historically low vacancy rates, turning

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Business

Nvidia just hit a jackpot in the Chinese market

Jensen Huang walked onto the GTC Taipei stage on June 1 and described a humanoid robot by its weight and height before anything else. Six feet. 150 pounds. “Just like me,” he said. The robot standing behind him was built by a Chinese startup. And that detail is more significant than it first appears. What

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