AMD falls 8% after Barclays downgrades stock, warns about PC, gaming markets

AMD falls 8% after Barclays downgrades stock, warns about PC, gaming markets



The road ahead for AMD may be a rocky one as some of the company’s key markets could see slowdowns, according to Barclays.



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AI future: Big Tech faces key House vote on reforming permit process
Technology

AI future: Big Tech faces key House vote on reforming permit process

Big Tech heavy hitters such as OpenAI, Meta, and Microsoft are pushing for Congress to advance legislation to reform the process for obtaining federal permits for projects to build out artificial intelligence infrastructure in the United States. Backers of the bill, the SPEED Act, argue it is key to helping the U.S. beat out China […]

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Jim Cramer says Amazon is a buy on 2025 underperformance for this key reason
Technology

Jim Cramer says Amazon is a buy on 2025 underperformance for this key reason

Jim Cramer says investors better act fast while Amazon stock is still on the sale rack. BMO Capital Markets’ decision to raise its estimates on Amazon’s cloud unit is a “clarion call to buy” the stalled stock, Jim Cramer said during Tuesday’s Morning Meeting for Club members. Amazon has been the worst-performing “Magnificent Seven” stock […]

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Vibe coding startup Lovable’s latest funding round values it at .6 billion, sources say
Technology

Vibe coding startup Lovable’s latest funding round values it at $6.6 billion, sources say

Lovable cofounders Anton Osika and Fabian Hedin. Credit: Lovable Vibe coding startup Lovable’s latest funding round values the firm at $6.6 billion and includes U.S. VC firm Accel, sources with knowledge of the deal told CNBC. That figure is more than triple the $1.8 billion valuation the Swedish AI company achieved after closing its most […]

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