2026
These chipmakers are climbing thanks to sky-high CPU demand. UBS sees more gains
Advanced Micro Devices and Arm Holdings are poised to outperform as artificial intelligence providers increasingly embrace central processing units (CPUs) and other specialized hardware to power new AI agents, according to UBS. The Swiss-based investment bank has a buy rating on both chipmakers, raising its 12-month share price target on AMD to $670 from $470,…
MAGA Goon Says Reflecting Pool Vandals Should Sell Their Dogs to Pay for Repairs
Trump’s allies are on the offensive against the imaginary vandals the president has blamed for his woes. Source link
Bob Iger on Shanghai Disneyland as it defies the Chinese pullback
Spend a day at Shanghai Disneyland and you wouldn’t know Chinese consumers are struggling. Wang Jiandong and his girlfriend Yan Xu said they have been skipping meals out and scrimping on day-to-day necessities so they could afford to enjoy the park. “We save in our daily lives so we can spend more on trips,” Wang…
Here are the five big takeaways from Kevin Warsh’s first meeting as Fed chairman
The Federal Reserve and Chairman Kevin Warsh on Wednesday followed the script on interest rates closely, voting to keep the benchmark level steady, but dropped several surprises that kept markets guessing about where things are heading. Markets didn’t like it, with major averages swooning after the meeting and as Warsh spoke in his news conference….
GTA VI is set for a 2026 debut. Buy its owner’s stock, BTIG says
“Grand Theft Auto (GTA) VI” is poised to debut this fall following a long period of will-they-won’t-they speculation from its fanbase, likely catapulting shares of its owner Take-Two Interactive Software to new heights, according to BTIG. The investment firm initiated coverage of the entertainment name with a buy rating. It also put a $290 price…
Desperate World Leader Tries to Charm Trump With Tacky Show-and-Tell
Trump appeared delighted by the presentation. Source link
MAHA SNAP restrictions on junk food could change spending
The growing push to restrict Americans from using federal food aid to buy certain processed or sugary products is creating a new challenge for some of the biggest U.S. food and beverage companies. The U.S. Department of Agriculture as of May had approved food restriction waivers for Supplemental Nutrition Assistance Program benefits in 23 states,…
Trump claims Iran deal is ‘unconditional surrender’: Axios
U.S. President Donald Trump talks as he meets French President Emmanuel Macron for a bilateral meeting at Hotel Royal Evian on June 15 in Évian-les-Bains, France. Anna Moneymaker | Getty Images U.S. President Donald Trump asserted that he has unlimited power and insisted the deal reached with Iran amounts to “unconditional surrender” by Tehran, in…