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Buy this healthcare company’s stock because it’s an AI play, analysts say
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The Wall Street Journal - World
For Many Companies, Spending on AI Means Spending on Microsoft
The enthusiasm that fueled spending on generative AI is calming. But when companies do spend, Microsoft is winning many of their dollars.4 hr ago - Microsoft -
CNBC - Business
Nvidia stock's recent decline may present a buying opportunity for some investors
The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET.11 hr ago -
MarketWatch - Business
Investors are buying Magnificent Seven bonds again: Is that a signal for the stocks?
Investors were again buying bonds issued by the so-called Magnificent Seven group of big tech names in the past week, suggesting sentiment among bondholders has become more bullish heading into earnings.9 hr ago -
MarketWatch - Business
Can Disney, NBC and Amazon make money from their NBA deal? That’s complicated, analysts say.
Last week, Amazon, Disney and NBC landed more than a decade’s worth of broadcast rights for NBA games starting late next year — at the expense of TNT. But analysts at MoffettNathanson on Monday suggested that even the winners in the deal faced big ...7 hr ago - NBA -
MarketWatch - Business
Southwest’s new open seating raises ‘more questions than answers,’ this analyst says
Southwest plans on assigned seating, but details are sparse.8 hr ago -
ESPN - Sports
Jets coach's 'instinct': Sit Rodgers until Week 1
Aaron Rodgers is unlikely to play in the preseason, Jets coach Robert Saleh indicated Tuesday.8 hr ago - NFL -
ABC News - World
UK oil giant BP to hand shareholders $7 billion this year by buying back stock even as profit falls
U.K.-based oil giant BP PLC said it will reward shareholders to the tune of $7 billion this year through the purchase of its own stock, even as it reported a near 30% decline in profits in the first half of 202416 hr ago - United Kingdom -
MarketWatch - Business
Pfizer’s stock pops after earnings beat as company raises guidance and updates on cost cuts
Pfizer offered an update on a cost-cutting program and raised full-year guidance on Tuesday.13 hr ago -
The Wall Street Journal - World
PayPal Stock Rallies After Company Hikes Guidance Following Better-Than-Expected Results
PayPal shares jumped after the digital-payments company logged higher quarterly profit and revenue and raised its annual earnings guidance.14 hr ago -
CNBC - Business
Self-driving tech company WeRide accelerates global expansion as transportation industry adopts AI
WeRide said it is the only company which has driverless permits from the U.S., China, UAE and Singapore, and plans to enter more markets.23 hr ago
More from MarketWatch
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MarketWatch - Business
Rio Tinto’s first-half profit rises 14%, thanks in part to higher copper prices
Mining giant Rio Tinto said its first-half profit rose by 14% and underlying earnings were up a smidgen, as increased copper production and prices helped to offset a softer result from its dominant iron-ore business.1 hr ago -
MarketWatch - Business
Microsoft and AMD earnings show that AI remains a game of optics
The dichotomy in Wall Street’s reactions to the results from Microsoft Corp. and Advanced Micro Devices Inc. — two tech giants that have been investing heavily in AI — is a perfect example of the AI optics game.2 hr ago - Microsoft -
MarketWatch - Business
Japan’s industrial production, retail sales show signs of improvement ahead of BOJ meeting
Japan’s latest industrial production and retail sales data offered some positive signals about the economy, coming right on the cusp of the central bank’s upcoming meeting.3 hr ago -
MarketWatch - Business
Live Nation says it’s winning over casual fans, even as they grapple with higher prices
Even as executives elsewhere say high prices are still squeezing consumers, Ticketmaster parent Live Nation Entertainment Inc. on Tuesday said it was seeing no signs of a slowdown in concert demand, and reported quarterly results that squeaked ...3 hr ago -
MarketWatch - Business
Lemonade’s stock slides after digital insurer’s soft guidance offsets narrower-than-expected loss
Lemonade Inc.’s stock tumbled in after-hours trade Tuesday, after the digital insurer, which uses AI to power its business, offered soft guidance, offsetting a narrower-than-expected second-quarter loss and revenue that matched estimates.3 hr ago