eBay’s board rejected GameStop’s $56 billion takeover bid, calling it “neither credible nor attractive.” Now questions are growing over whether CEO Ryan Cohen will sell the company’s $368 million bitcoin position to make the deal look more credible. CoinDesk’s Sam Ewen hosts “CoinDesk Daily.”
Anthropic (ANTH.PVT) is expanding its presence in the legal software market as it continues to grow its enterprise footprint. The latest offerings include integration with platforms law firms already use, such as Box (BOX) and Thomson Reuters (TRI), plugins designed for specific tasks and roles such as corporate counsel, regulatory counsel, and law students, and…
By Sinéad Carew and Amanda Cooper NEW YORK/LONDON, May 12 (Reuters) – Equity indexes dipped on Tuesday as U.S. inflation climbed while oil gained for a third straight day and the dollar rose as hopes faded for a deal to get ships moving through the Strait of Hormuz. In April, U.S. consumer prices (CPI) rose…
Health savings accounts (HSAs) are tax-advantaged accounts designed to help people cover costs for health care services, but some smart planners treat them as one of retirement’s best-kept secrets. However, they also come with a tax trap most people don’t see coming. HSAs are often called “triple tax advantaged” accounts because contributions go in tax-free,…
April’s hotter-than-expected inflation reading is likely to put the Fed on watch for higher energy costs creeping into other prices, a red line that, if crossed, could raise the possibility of interest rate hikes. The Consumer Price Index rose 3.8% in April, compared with expectations for a rise of 3.7%, and up from 3.3% in…
AI‑infrastructure stocks have been the market’s adrenaline shot for more than a year now. Yet the ground is shifting. Investors have rotated from “buy the narrative” to “show me the cash flow.” Pure‑play AI cloud builders, companies that don’t just rent GPUs but own the concrete, steel, and fiber, are suddenly the act that everyone…
Quick Read Schwab U.S. Dividend Equity ETF (SCHD), Enterprise Products Partners (EPD), Verizon Communications (VZ), and Realty Income (O) generate $5,192 monthly income. A diversified $1.1 million portfolio across dividend stocks, bonds, and REITs targets a 5.7% blended yield for early retirement. The analyst who called NVIDIA in 2010 just named his top 10 stocks…
India-based Arty Labels has installed a PRPC 330 UV digital inkjet machine for label printing and finishing at its production unit. The equipment was supplied and set up by Packnology. It is designed to work with a range of standard and non-standard materials. The machine can process substrates such as PP White, PP Silver, PP…
Super Micro Computer (SMCI) has endured a volatile period driven by accounting concerns, regulatory scrutiny, canceled contracts, and controversy surrounding former employees. But with its Q1 print on May 5, SMCI finally gave investors a reason to focus on its business rather than the headlines. Investors cheered the Q1 report which showed improving margins, strong…
The CPI showed a higher than expected rise of 0.4% for core inflation versus 0.3% expected. The headline number was up 0.6% as expected. The YoY for core was higher-than-expected at 2.8% versus 2.7%. The headline came in at 3.8%. The CPI has been above 2% since March 2021. That is a lot of compounded…
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