The Stargate initiative, once heralded as a transformative $500 billion AI infrastructure moonshot, is stumbling under the weight of its own ambition. Originally backed by OpenAI, SoftBank, Oracle, and MGX (a UAE sovereign-linked fund), the project was intended to revolutionize global AI capacity with a network of exascale data centers stretching across the United States, … [Read more...] about Stargate Stalls: What the Scaled-Back AI Megaproject Means for Nvidia and AMD
Inflation and the Stock Market: A Complicated Relationship
The connection between inflation and the stock market is neither linear nor predictable. While it's tempting to assume that rising prices would automatically boost corporate revenues and stock valuations, the truth is far more nuanced, shaped by investor psychology, interest rate policy, and the overall health of the economy. In some scenarios, modest inflation—especially … [Read more...] about Inflation and the Stock Market: A Complicated Relationship
Why American Express and Netflix Shares Fell Despite Strong Earnings
Markets can be brutally unsentimental, especially when expectations are sky-high. Both American Express and Netflix delivered strong second-quarter reports, exceeding Wall Street forecasts and offering signs of healthy underlying performance. But investors were not impressed. Instead of rewarding the results with gains, they pulled back. American Express shares fell sharply, … [Read more...] about Why American Express and Netflix Shares Fell Despite Strong Earnings
Circle Shares Slip Despite Trump Signing Crypto Law: A Case of Buy-the-Rumor, Sell-the-News?
Circle’s shares fell sharply today, even as President Donald Trump signed the long-awaited GENIUS Act into law—landmark legislation that finally establishes a regulatory framework for stablecoins in the United States. On the surface, this should have been a triumphant moment for Circle Internet Financial, the issuer of USD Coin (USDC), the second-largest stablecoin by market … [Read more...] about Circle Shares Slip Despite Trump Signing Crypto Law: A Case of Buy-the-Rumor, Sell-the-News?
American Express Posts Solid Q2 2025: Revenue Record and Underlying Earnings Growth Show Strength Despite Headline EPS Dip
American Express delivered what can reasonably be considered a strong earnings report for the second quarter of 2025, marked by a record high in quarterly revenue and resilient consumer spending trends. While headline EPS ticked down slightly by 2% to $4.08 from $4.15 a year earlier, that number is somewhat misleading without context. The prior year's quarter included a $0.66 … [Read more...] about American Express Posts Solid Q2 2025: Revenue Record and Underlying Earnings Growth Show Strength Despite Headline EPS Dip