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AMD CEO makes bold move to boost AI in key market
TheStreet72d agoneutral
AMD CEO makes bold move to boost AI in key market

Advanced Micro Devices (AMD) investors have had little to celebrate this month. The chipmaker’s shares fell 4.86% on June 10 to close at $452.40, stretching the loss over the past five trading days to 12.15%. The selling was not an AMD problem, as a wave of profit-taking and Middle East tensions ...

Tesla adds to winning streak in critical area
TheStreet72d agoneutral
Tesla adds to winning streak in critical area

Tesla had a 2025 to forget all around, as the company reported its first-ever decline in revenue, along with its second consecutive year of falling sales. One of the EV maker's biggest issues was in Europe, where the company experienced major declines in the world's second-most-mature EV market. ...

The fastest EV charger in the world isn’t coming to America
TheStreet72d agoneutral
The fastest EV charger in the world isn’t coming to America

Nobody ever complains about gas station anxiety. You pull in, you fill the tank, you grab a coffee if the line is short, and you are gone in five minutes. That small block of time is the invisible benchmark every electric vehicle has to meet before the average American driver will seriously ...

This $25 Billion Acquisition Just Unlocked a New Era of Growth for Pfizer — and Why It’s a Flawless Safe-Haven for Retirees
24/7 Wall St.72d agoneutral
This $25 Billion Acquisition Just Unlocked a New Era of Growth for Pfizer — and Why It’s a Flawless Safe-Haven for Retirees

Pfizer (NYSE:PFE) is in the middle of its biggest reinvention in a generation, leaning on the Seagen oncology platform and the freshly closed Metsera obesity assets to offset a COVID revenue cliff and looming patent losses. With shares at $25.60 and yielding nearly 7%, the only question that matters for income investors is whether that ... This $25 Billion Acquisition Just Unlocked a New Era of Growth for Pfizer — and Why It’s a Flawless Safe-Haven for Retirees

Why I Can’t Stop Buying This Trillion-Dollar Juggernaut Even as June Volatility and the Fed Threaten to Shake Wall Street
24/7 Wall St.72d agobullish
Why I Can’t Stop Buying This Trillion-Dollar Juggernaut Even as June Volatility and the Fed Threaten to Shake Wall Street

I bought more Microsoft (NASDAQ:MSFT) this morning, and I will probably buy more before the week ends. The stock is down 7.02% over the past week and 17.47% year to date, and every red candle has made me a more eager owner of a roughly $2.95 trillion business that is still growing like a mid-cap. ... Why I Can’t Stop Buying This Trillion-Dollar Juggernaut Even as June Volatility and the Fed Threaten to Shake Wall Street

Pepsi makes bold move to take on Coca-Cola
TheStreet72d agoneutral
Pepsi makes bold move to take on Coca-Cola

For more than a century, Pepsi's biggest rival was easy to identify. Every new product launch, marketing campaign, and distribution battle ultimately came back to Coca-Cola (KO), creating what became known as the "Cola Wars." Today, however, Pepsi faces a growing threat from an unexpected corner of ...

MicroStrategy CEO discloses 3 reasons behind Bitcoin sale
TheStreet72d agoneutral
MicroStrategy CEO discloses 3 reasons behind Bitcoin sale

The crypto market got a shock on June 1 when Strategy (Nasdaq: MSTR), née MicroStrategy, announced its first Bitcoin (BTC) sale in years. Even though the co-founder Michael Saylor had hinted about the potential sale in early May, the announcement of the sale of 32 Bitcoin shook the crypto ...

Anthropic pursues data center leases, seeks financial backing from Google, The Information reports
Reuters72d agoneutral
Anthropic pursues data center leases, seeks financial backing from Google, The Information reports

AI firm Anthropic is planning to lease and manage its own data centers and is ‌seeking financial backing from Alphabet's Google for the ‌lease payments, The Information reported on Thursday. • Anthropic, the ​creator of the Claude Code AI assistant, has signed more than a dozen preliminary agreements to lease U.S. data centers with a combined capacity of more than 1 GW, The Information ‌reported, citing sources with ⁠direct knowledge of the plans. • The AI startup's executives have also discussed an arrangement under which backer ⁠Google, which co-designs some of the server chips Anthropic could use in the facilities, would provide a financial guarantee for its ​lease ​payments, the report said.

Costco warns shoppers not to drink this milk
TheStreet72d agoneutral
Costco warns shoppers not to drink this milk

Costco has built one of the most successful retail models in the world by doing something most competitors would never consider – offering customers fewer choices. While a typical supermarket may carry 30,000 to 60,000 products and big-box retailers often stock more than 100,000 items across ...