These tech stocks got unfairly swept up in last week’s selloff, analysts say
One analyst notes “a meaningful gap between price and fundamentals” in some corners of the chip sector. Source:MarketWatch
Behind Anthropic’s 1,127% revenue surge — and the computing bill that erased its profit
Anthropic just filed updated financial paperwork ahead of an IPO that could come by the end of this month. Source:MarketWatch
When you turn this age, it’s your best chance to get crucial tax and healthcare plans in place for retirement
Ages 60 through 63 involve key healthcare, financial and tax decisions. Source:MarketWatch
Booming U.S. manufacturers can’t keep up with demand — and high inflation isn’t helping
U.S. manufacturers in October pumped out the most goods — plastics, computers, electrical equipment and so forth — in five years as a growing economy and a…
Anthropic swings to third quarter operating loss as compute costs surge ahead of IPO
The Claude developer generated $17 billion in quarterly revenue, but higher computing costs resulted in a $567 million operating loss. Source:CoinDesk
Coinbase downgraded at Morgan Stanely; price target slashed 53% on weak earnings outlook
Analyst Michael Cyprys cited weak crypto trading activity and doubts about an earnings recovery. Source:CoinDesk
Oracle’s stock falls as the company details plan to raise $20 billion
Oracle has been borrowing money and issuing stock to help finance its AI cloud growth. Source:MarketWatch
‘It seems bizarre’: We’re in our 80s with $950,000 in traditional IRAs. Why is our adviser pushing us to do Roth conversions?
“Our basic living expenses are covered by $110,000 in annual pensions and Social Security.” Source:MarketWatch
Marvell and Lumentum officially plan to combine. Here’s what to know.
A newly proposed deal would be financed in stock and target the hot opticalnetworking market. Source:MarketWatch
In the hunt for $1 trillion of revenue, SpaceX reportedly targets Boost Mobile for a deal
In recent weeks there has been intense speculation surrounding SpaceX ambitions in the cellular market with multiple acquisition targets suggested; Boost…
Tech stocks enter November after a brutal October: Is it time to buy the dip?
Both the stock and bond markets are raising doubts about the sustainability of the AI trade. Source:MarketWatch
Bitcoin eases to $77,900 as Binance customers pull $3.6 billion after withdrawals reopen
Bitcoin fell 0.4% to around $77,900 since midnight UTC as Binance customers pulled a net $3.64 billion after withdrawals reopened and ETFs lost $643 million.…