Marvell Technology shares slump as investors question Google deal. Here’s what Wall Street is saying.
Strategists at a number of banks noted that investors’ eyes were firmly on news about the company’s recent partnership with Alphabet’s Google, with…
Marvell is boosting its forecasts, but that’s not enough to lift its stock
The chip maker didn’t offer much upside to estimates with its Julyquarter results. Source:MarketWatch
Nvidia is getting too big, and that’s a problem
The chip giant has become the corporate equivalent of the Los Angeles Dodgers as it outspends and outmaneuvers the competition. Source:MarketWatch
Good Good Golf ad fallout deepens as Callaway ends partnership, retailers pull gear and Golf Channel delays show
A controversial ad from Callaway Golf that was made by Good Good Golf has caused a firestorm online for showing a male player shoving a female golfer to the…
Salesforce stock is jumping. What Wall Street is saying about its earnings and its Anthropic relationship.
Shares in the software company climbed in premarket trading. Citigroup and Jefferies both lifted their price targets for the stock. Source:MarketWatch
Bitfinex Securities completes record $50M tokenized capital raise
Bitfinex Securities completed a record $50 million raise for Alkemya, whose token represents interests in a partnership that holds nickel assets.…
Crypto Long & Short: Tokenized equities: the model underneath the trade
In this week's Crypto Long & Short, CoinDesk's Joshua DeVos writes that demand for tokenized equities is accelerating fast, from $16 billion to more than $590…
The renter generation: Young Americans, shut out of homeownership, brace to rent forever
People once believed if they worked hard, they could become homeowners, but ‘we’re coming to terms with the fact that perhaps most won’t. And that’s the new…
‘The relationship quickly deteriorated’: My friend’s lawyer settled his injury case without his consent. What can he do?
“His former lawyer is now holding the settlement funds, maintaining that he is entitled to attorney’s fees.” Source:MarketWatch
Why AMD can beat rivals Intel and Nvidia in the market for data-center CPUs
The chip maker is strongly positioned to gain share in the market for datacenter CPUs and to see profit from revenue, a Raymond James analyst says.…
Shipyard winds down IPFS work after Protocol Labs ends funding
The funding loss leaves InterPlanetary File System software without dedicated maintainers and puts the future of key public services in Protocol Labs’ hands.…
U.S. widens Iran crackdown to encompass crypto, gold, shipping and technology
Treasury says Ivan Obukhov processed over $100 million in crypto for IRGCQF oil sales since 2023. Source:CoinDesk