After selling her $5 million Westchester home, Drew Barrymore shows off her RV
Drew Barrymore is going back to basics for her summer getaway this year—revealing that she is ready to take an adventure in an RV. Source:MarketWatch
Alibaba just had its best day in 10 months. Is it time for China techs to catch up?
Alibaba on Wednesday saw its best single shareprice gain in 10 months, as the broader Chinese tech sector revved higher after missing the rally propelling…
It was the world’s hottest stock market. Now South Korea’s stock-market index has entered bear-market territory
The cumulative impact of several different narratives – competition, sustainability, excessive leverage, international outflows has sapped the Korean market of…
AI-related debt sells off sharply as Amazon looks to borrow another $25 billion
Bonds financing the massive artificialintelligence buildout were hit hard by selling on Tuesday, as Amazon.com set out to borrow another $25 billion in new…
Think the U.S. stock market is too heavily exposed to AI? It’s even worse abroad.
Stockmarket concentration is hardly just an issue in the U.S. Source:MarketWatch
GameStop investors clear the way for a fresh attempt at buying eBay
Shareholders approved a change that will let the videogame retailer issue more stock. Source:MarketWatch
Why highflying chip stocks are suddenly losing their luster
After a recordbreaking quarter, semiconductor stocks are seeing their valuations come under scrutiny. Source:MarketWatch
Oil prices rise as the U.S. cancels Iran’s license to sell oil
Oil futures climbed late Tuesday after the Treasury Department canceled a license granted on June 21 to allow for the sale of Iranian oil. Source:MarketWatch
Apple is closing in on Nvidia as it looks to reclaim title of largest U.S. company
Once the face of the AI trade, Nvidia’s valuation has compressed to levels not seen since 2013 while Apple shares continue to power higher Source:MarketWatch
Adobe’s stock is temptingly cheap. Should investors bite?
Adobe has become a polarizing stock in the face of questions about its AI future. Source:MarketWatch
Elon Musk’s Terafab could give a major boost to this corner of the chip sector
SpaceX could spend about $135 billion on waferfab equipment over the next five years, UBS said. Source:MarketWatch
Wednesday’s Fed minutes will be revealing — but not in the way investors hope
Minutes of the Fed’s June meeting will give more insight on how new Fed Chair Kevin Warsh intends to run the central bank. Source:MarketWatch