The recent downturn of the technology sector has left investors in a state of anxiety, and rightly so. Treasury Secretary Scott Bessent’s remarks have raised eyebrows, particularly in regard to his claim that the sharp sell-off is primarily driven by the performance of the so-called “Magnificent 7” tech stocks — a term that encapsulates giants
Investing
Kathryn Glass’ career arc is a testament to the unpredictable nature of professional journeys. Initially, her passion lay within the pages of Japanese literature, an academic pursuit that led her to immerse herself in the language and culture of Japan. Graduating with a bachelor’s degree in the subject from the University of Pittsburgh, she further
The economic landscape remains a rollercoaster ride, largely due to the recent tariffs imposed during the Trump administration. These tariffs have set off alarms in the financial world, as they are stirring fears of suppressed demand and a looming recession. This turmoil has wreaked havoc on stock markets, sending investors scuttling for safety. While the
When Illumina was riding high in the wake of a global pandemic, one would think it had secured its place at the top of the biotechnology food chain. With sequencing technology achievements and an impressive market cap that once flirted with $70 billion, this company seemed destined for greatness. Fast forward to today, and their
GameStop has ignited conversations once again with its audacious announcement. The video game retailer, already teetering on the edge of scrutiny, revealed plans to raise an ambitious $1.3 billion through convertible senior notes—all in a bid to plunge into the unpredictable waters of Bitcoin investment. While some may view this as a visionary leap forward
On a seemingly mundane Tuesday, GameStop, the video game retailer infamous for its “meme stock” status, decided to make a splash that reverberated across the financial landscape. With a unanimous nod from its board, the company announced its plans to invest in Bitcoin using corporate cash. This daring maneuver echoes the audacious strategy of MicroStrategy,
Viasat’s recent stock surge, prompted by an endorsement from Deutsche Bank analyst Edison Yu, highlights a pivotal moment in the landscape of satellite communications. Yu’s upgrade from hold to buy caught investors’ attention, leading to a notable 13% jump in Viasat shares. This endorsement rests on a foundational belief that Viasat can enhance its equity
The financial landscape is facing turbulence that is causing concern among investors worldwide. Economic uncertainty and geopolitical tensions are unsettling markets, provoking wild swings that can wreak havoc on portfolios. In times like these, the pursuit of stability becomes paramount for those seeking to protect their hard-earned capital. One strategy that can safeguard investors against
Janet Rilling’s remarkable journey within the financial world is a compelling tale that captures not just her personal growth but also the evolving landscape of the industry. Starting her foray into investments as a teenager, influenced by spirited dinner table discussions with her father, Rilling diverged from the often male-dominated narrative that characterizes the field.
The realm of quantum computing is a landscape brimming with optimism, yet it frequently succumbs to the harsh realities of ambition and hype. Jensen Huang, the CEO of Nvidia, recently took center stage at the company’s inaugural “Quantum Day,” ostensibly to clarify his previous predictions about the technology’s timeline for usefulness. However, instead of pacifying