How GoPro went from viral camera sensation to a victim of smartphone ubiquity
Advancements in smartphone technology have made GoPro cameras irrelevant to “anyone beyond hardcore sports enthusiasts or professional creators,” one analyst…
Broadcom’s stock falls despite upbeat earnings, extending a frustrating stretch for investors
Broadcom shares have gained just 6% so far this year, lagging behind the broader chip sector, which has risen 60%. The company’s outlook offered minimal upside…
HPE follows in Dell’s footsteps as it rides the AI server boom to a big earnings beat
Unlike Dell, HPE focuses on enterprise and sovereign customers, which one analyst noted have a better profit profile. Source:MarketWatch
Snowflake’s stock soars as the company blows away estimates with its AI-fueled forecast
Companies looking to build AI tools on top of their data are turning to Snowflake, driving robust revenue growth. Source:MarketWatch
Kraken parent Payward delays IPO to second quarter of 2027 at earliest
The crypto exchange operator, which confidentially filed for a U.S. listing last November, had already put its IPO plans on hold amid difficult market…
SpaceX’s big AI advantage is why this analyst thinks the stock could double
The company is adding computing infrastructure quickly, an Oppenheimer analyst notes. SpaceX is also getting large technology players to pay handsomely for its…
Why Palantir’s stock is suffering its worst slump since February
After a strong postearnings rally in August, Palantir’s rich valuation multiple is under pressure once again. Source:MarketWatch
Rising yields aren’t scaring off investors. Why money is still pouring into bond funds.
The U.S. bond market has been under pressure amid a rise in Treasury yields, but money is still flowing into bond funds. Source:MarketWatch
Here’s another way rising bond yields could take a bite out of Americans’ wallets
Rising yields are a threat to the “Magnificent Seven.” Here’s why that could hurt U.S. consumers. Source:MarketWatch
New Jersey officials petition US Supreme Court over prediction markets
New Jersey’s Attorney General and gaming authorities filed a petition for a writ of certiorari to the US Supreme Court over Kalshi offering sporting event…
Wyoming adds Chainlink reserve verification to state-issued stable token
Wyoming is using Chainlink to bring nearrealtime reserve verification onchain for FRNT as the oracle provider expands its footprint across tokenized financial…
I offered to buy my friend a birthday drink. She ordered $180 worth of food and expects me to pay. Should I Venmo her for half?
“My offer was cocktails.” Source:MarketWatch