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Author: Daniel snow
The memory-chip maker’s stock is among the S&P 500’s top performers in June, as investors stay bullish on better DRAM pricing and demand for HBM chips. Source link
Fanatics logo is seen on the dugout wall before the game between the Pittsburgh Pirates and the Milwaukee Brewers at PNC Park on July 3, 2022 in Pittsburgh, Pennsylvania. (Photo by Justin Berl/Getty Images)Justin Berl | Getty ImagesSports merchandising giant Fanatics is aiming to build a training camp for athletes to prepare them for life off the field. More than two dozen NBA, NFL and NHL players participated in the company’s Athlete Immersion Program this past weekend as part of Fanatics Fest in New York City. The program included three days of workshops on business, entrepreneurship, tech and more. “This…
Shipping costs through the Strait of Hormuz are rising — even as oil prices are dropping. So what happens if Iran closes the waterway?
Tanker operators in the Strait of Hormuz are facing higher shipping and insurance costs, despite a drop in oil prices, as investors wait to see what happens to the world’s most important crude chokepoint after the U.S. bombing of Iran’s nuclear sites. Source link
The companies engaged in an increasingly heated war of words on Monday following the drugmaker’s decision to end a collaboration. Source link
Nicholas Kristof on why the U.S. may be headed into a “minefield.” Source link
Palantir could profit from the Middle East conflict. But here’s why Wall Street thinks its stock is overpriced.
The average analyst’s stock-price target implies Palantir’s stock is well overpriced, even though the company stands to benefit from defense and intelligence offerings. Source link
Why oil plunged — and stocks rallied — after Iran’s ‘symbolic’ missile attack on Qatar
There may have been more to Iran’s telegraphed attack on a U.S. base in Qatar than meets the eye, strategists say. Source link
Your business can benefit by understanding and following these trends. Source link
For those concerned about AI’s impact on the job market, Amazon CEO Andy Jassy’s recent announcement may add even more fuel to the fire.In a memo to Amazon employees on June 17, Jassy shared that the company plans to cut down their corporate workforce in the next few years due to “efficiency gains” from using AI.”As we roll out more Generative AI and agents, it should change the way our work is done,” Jassy wrote. “We will need fewer people doing some of the jobs that are being done today, and more people doing other types of jobs.”Earlier this year,…
How to make sure you don’t ruin your dreams of selling your business. Source link